Section: Business Insider (USA)
Merkel says ‘peaceful order of Europe’ at stake in Ukraine
Washington (AFP) – German Chancellor Angela Merkel warned Monday that abandoning the principle of territorial integrity at the heart of the Ukraine crisis would jeopardize “the peaceful order of Europe.””For somebody who comes from Europe, I can only say, if we give up this principle of territorial integrity, we will not...
Obama and Merkel announce unity and not much else about Ukraine
WASHINGTON (AP) — President Barack Obama and German Chancellor Angela Merkel declared Monday that Russian aggression in Ukraine has only reinforced the unity of the U.S. and Europe, as they weighed the prospects of reviving an elusive peace plan to end the conflict. Still, Obama held open the prospect that if a new round of diplomacy this week...
Obama says Russia cannot redraw borders ‘at barrel of a gun’
Washington (AFP) – US President Barack Obama warned after meeting Monday with German Chancellor Angela Merkel on the Ukraine crisis that the West cannot allow Russia to redraw Europe’s borders “at the barrel of a gun.””We continue to encourage a diplomatic resolution to this issue,” Obama told a joint press...
Russia conducted nuclear submarine exercises beneath the North Pole
Russian nuclear units carried out Arctic exercises in international waters beneath the North Pole over the weekend, Damien Sharkov reports for Newsweek. The exercise featured the presence of several Borei-class ballistic missile submarines. These subs are among the most technologically advanced and capable of Russia’s current ballistic...
Merkel to urge caution in Washington as more Russian troops reportedly roll into Ukraine
WASHINGTON/DONETSK, Ukraine (Reuters) – German Chancellor Angela Merkel is set to argue against arming Ukraine in its conflict against Russian-backed rebels in Washington on Monday in the face of intense U.S. Congressional pressure. Meanwhile, Ukraine military spokesman Andrily Lysensko told journalists that “1,500 Russian soldiers...
1,500 Russian troops, military equipment enter Ukraine: Kiev
Kiev (AFP) – At least 1,500 Russian troops and convoys of military hardware entered Ukraine over the weekend, the Ukrainian military said on Monday.”1,500 Russian soldiers and 300 pieces of military equipment, including Grad missile systems, crossed the Ukraine-Russia border on February 7 and 8,” Ukraine military spokesman...
Merkel to discuss Ukraine peace plan with Obama
Kiev (AFP) – German Chancellor Angela Merkel was Monday to brief US President Barack Obama on the latest peace plan for Ukraine ahead of a four-way summit aimed at ending 10 months of bloodshed.Foreign ministry officials from Ukraine, Russia, Germany and France were due to hold a preparatory meeting in Berlin after leaders agreed to push...
Russia sanctions have cost EU 21 bn euros, says Spain
Brussels (AFP) – The EU has suffered 21 billion euros in lost exports as a result of sanctions against Russia over Ukraine, Spain’s foreign minister said Monday as he met his counterparts to discuss further measures.”Sanctions have had a heavy cost for us all, the EU has so far lost 21 billion euros ($23.7 billion). In Spain we...
The 10 most important things in the world right now
Good morning! Here’s what you need to know for Monday. 1. Newly leaked HSBC documents show that Swiss bankers helped clients avoid taxes and hide millions of dollars, according to a report by the International Consortium for Investigative Journalists. 2. Greece’s new prime minister Alexis Tsipras said his government would not seek an...
10 things you need to know before European markets open
Good morning! Here are the major market stories you need to read about today. Greece’s new prime minister won’t back down. Greece’s new leftist prime minister, Alexis Tsipras, said on Sunday he would not accept an extension to Greece’s current bailout, setting up a clash with EU leaders – who want him to do just that...
