Section: Business Insider (USA)
Russia marks Crimea annexation anniversary
Moscow (AFP) – Russian President Vladimir Putin on Wednesday triumphantly joined tens of thousands of supporters to mark one year since his takeover of Crimea, a seismic shift that shattered ties with Ukraine and the West. Putin appeared on stage in front of a flag-waving crowd at a celebratory concert by the walls of the Kremlin to make an...
The Russian auto market is imploding (GM)
Western automakers are giving up on Russia. Half a decade ago, Russia was seen as a vast growth opportunity. The US market had been weakened by the financial crisis, and Europe looked limited. All the major car makers wanted to get in on the action. But in early 2015, the Russia market is falling apart. Last year, Ford took a big hit on its...
10 things you need to know before European markets open
Good morning! Here are the 10 most important things in markets today. Is the Fed losing patience? All eyes are on the Fed today. If the US central bank drops language saying it will be “patient” about raising interest rates, markets will likely take it as a signal of a looming hike, possibly in June. A huge Chinese property developer...
Serena advances at Indian Wells after Stephens scare
Indian Wells (United States) (AFP) – World number one Serena Williams woke up after a slow start to battle past American compatriot Sloane Stephens in three sets to reach the quarter-finals in Indian Wells on Tuesday.The 19-time Grand Slam winner defeated a dogged Stephens 6-7 (3/7), 6-2, 6-2 on center court as her emotional return from a...
Greek PM hastens Russia visit amid cash crunch
Athens (AFP) – Greek Prime Minister Alexis Tsipras unveiled Tuesday a surprise trip to Russia but also sought talks with European leaders to break a deadlock over reforms that has revived default fears.The radical Greek government said Tsipras, who was already scheduled to visit Russia in May for its annual Victory Day parade, would now...
Here are all the NATO military ships currently conducting manoeuvres on Russia’s doorstep
The North Atlantic Treaty Organisation (NATO) is making its presence felt in Russia’s back yard as it conducts manoeuvres in the Black Sea. Since the onset of the Ukraine crisis, Russia has stepped up its military exercises with a greater number of naval drills and NATO reports of incursions by Russian fighter jets and bombers. It comes as...
10 things you need to know before the opening bell (DIA, SPY, SPX, QQQ)
Here is what you need to know. Apple is in talks to launch a TV service. The Wall Street Journal suggests the service “would have about 25 channels, anchored by broadcasters such as ABC, CBS and Fox and would be available on Apple devices such as the Apple TV.” Apple will reportedly soon allow you to trade in your non-Apple devices....
Why Lithuania is preparing for a Russian invasion
The three Baltic States are fearful of a possible Russian invasion, although Lithuania may have particular reason for concern. Wedged between Russian ally Belarus and the Russian Baltic Sea exclave of Kaliningrad, Lithuania is worried that it could be the next target of Russian aggression following invasions in Georgia in 2008 and Crimea and...
18 photos that show Vladimir Putin doesn’t mess around
On Monday, the world’s most powerful person reappeared after mysteriously disappearing for 10 days. Without a definitive explanation from the Kremlin, Russian President Vladimir Putin welcomed President Almazbek Atambayev of Kyrgyzstan amid swirling rumors. Putin rarely goes unnoticed after a year during which Russia annexed the...
China becomes world’s number three arms exporter: study
Stockholm (AFP) – China has eased ahead of Germany and France to become the world’s number three arms exporter after the United States and Russia, a Stockholm-based think-tank said Monday.The volume of the multi-billion dollar world arms trade rose 16 percent during the period 2010 to 2014 over the previous five years, the Stockholm...
