Section: Business Insider (USA)
Kremlin critic Navalny freed from latest prison stint
Moscow (AFP) – Top Kremlin critic Alexei Navalny on Friday vowed to keep up his fight against President Vladimir Putin as he was released from his latest jail term, a two-week stint for organising an illegal gathering.The charismatic opposition leader also said he would pay a visit to the cemetery where outspoken activist Boris Nemtsov was...
Putin is slashing government salaries as Russia attempts to avoid a budget crisis
Russian President Vladimir Putin signed three new decrees into law that will slash salaries in the presidential administration, the government office, and the accounts chamber by 10% from 1 May. The measures are part of the government’s emergency plan to address collapsing revenues due to the fall in global oil prices and economic sanctions...
Nemtsov girlfriend says threatened: Ukraine
Kiev (AFP) – The Ukrainian girlfriend of murdered Russian opposition activist Boris Nemtsov, who was with him when he was shot dead outside the Kremlin, has told police she has received death threats, Ukrainian prosecutors said on Friday.”Ganna Duritska… filed a statement about the threat to her life from unidentified people...
CAMERON: We’re willing to take sanctions on Russia ‘to a whole different level’
UK Prime Minister David Cameron is taking a harder stance on Russian president Vladimir Putin than his French and German colleagues. In an interview with the Wall Street Journal published early Friday, Cameron said the UK would be ready to take Russian sanctions “to a whole different level” if there was another surge in violence in...
This is what happens when countries default on their debts
So 2015 looks set to be a difficult year for countries struggling under heavy debt burdens. Only two months in and we have already seen precarious economic situations in states, including Greece and Ukraine, worsen substantially. Few would bet against the likelihood of a major debt restructuring in the near future. But have we become too afraid...
Rescuers find 32 dead miners in east Ukraine mine
Donetsk (Ukraine) (AFP) – Rescuers found 32 bodies of miners in the Zasyadko mine in eastern Ukraine a day after a blast ripped through the shaft, a rebel official said on Thursday.”32 bodies of dead miners of the Zasyadko mine have been found” by early morning, the emergency ministry of the self-proclaimed Donetsk...
10 things you need to know before European markets open
Good morning! Here are 10 things you need to know in markets today. Bank of England and ECB decisions are coming. At 12:00 and 12:45 p.m. GMT respectively (7:00 and 7:45 a.m. ET) the two central banks will announce their latest monetary policy decisions. Action’s expected from neither, but all eyes will be on the ECB press conference 45...
Former Ukrainian finance minister has been arrested in Spain on suspicion of embezzling millions of dollars
Former Ukraine finance minister Yuri Kolobov has been arrested in Spain on suspicion of misappropriating millions of dollars while he was in office. Interpol issued an arrest warrant for Kolobov in January along with warrants for former Ukrainian prime minister Mykola Azarov and former president Victor Yanukovych, who fled the country last year...
Russia hopes ‘Putin koala’ still alive
Moscow (AFP) – Russia expressed hope Wednesday that a koala cuddled by President Vladimir Putin at a G20 summit was alive and well after Australia said it had killed off nearly 700 of the animals.Putin joined other world leaders in posing for photographs with the much-loved Australian creature at the talks in November, a lighthearted moment...
Russia: The car used in Putin critic’s murder belongs to a ‘in house security service’
Russia’s Finance Ministry says that the car being sought in connection with the murder of Kremlin critic Boris Nemtsov belonged to a “in-house security service” for the ministry, according to the Russian news agency TASS. Nemtsov was shot dead last week in the highest-profile murder during Putin’s 15-year reign. Because of...
