Section: Business Insider (USA)
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...
Four-way emergency Ukraine summit planned for Wednesday
Kiev (AFP) – The leaders of Ukraine, Germany and France are pushing for a summit with Russian President Vladimir Putin on Wednesday in a frantic bid to halt escalating bloodshed in eastern Ukraine.The four leaders discussed the meeting in a phone call Sunday as part of their efforts to achieve a “comprehensive settlement” in the...
Pep targets tiki-taka for Bayern’s Europe assault
Berlin (AFP) – As Bayern Munich steam towards an inevitable 25th German league title, Pep Guardiola wants a return to “tiki-taka” football in the Bavarian giants’ assault on the much-coveted Champions League title.”We’re not perfect, I know that. We have to improve,” said Bayern’s perfectionist...
Leaked bank files show HSBC ‘helped clients dodge taxes’
London (AFP) – A cache of secret bank files shows that HSBC’s Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by a network of investigative journalists released Sunday.The files, analysed by 140 reporters in the International Consortium of Investigative Journalists (ICIJ),...
Russia is getting military bases in an EU state
Cyprus has offered Russia to have air and navy bases on its territory. Cypriot president Nicos Anastasiades announced that the country is ready to host Russian aviation and naval bases. The official agreement on military cooperation between the two nations is expedcted be signed on February 25, 2015, according to Lenta.ru. “There is an old...
West presses Putin to back ‘last-chance’ Ukraine peace bid
Munich (Germany) (AFP) – Western leaders challenged Russian President Vladimir Putin Saturday to prove he wants peace in Ukraine, warning both sides a new Franco-German peace drive may be a “last chance” to stop all-out war.In a dramatic gesture at a gathering of world leaders in Germany, Ukraine’s President Petro...
Europe and the US clash over how to confront Putin over Ukraine
MUNICH (Reuters) – Germany’s Angela Merkel warned on Saturday that sending arms to help Ukraine fight pro-Russian separatists would not solve the crisis there, drawing a sharp rebuke from a leading U.S. senator who accused Berlin of turning its back on an ally in distress. This while US Vice President Joe Biden pulled no punches about...
Putin criticises sanctions but says Russia does not want war
Moscow (AFP) – President Vladimir Putin on Saturday said Russia is not at war and does not want war with anyone, but sharply criticised Western sanctions over Ukraine.”There’s no war, thank God. But there is definitely an attempt to curb our development,” Putin told trade union members. “But we don’t plan to...
Russians are happier than ever despite the war in Ukraine and the crumbling economy
An amazing poll by Gallup and Romir, a Russian research company, suggests that Russians were more than twice as happy at the end of 2014 than they were in 2013, and at their happiest in at least three years. The WIN/Gallup poll is conducted in 65 countries worldwide. In Russia at the end of 2014, 59% of respondents said they felt happy, as...
Putin-backed rebels just made a huge move right under Europe’s nose
On the eve of Angela Merkel and François Hollande’s meeting with Vladimir Putin in Moscow, the self-proclaimed Donetsk People’s Republic (DPR) made a concrete push for Putin’s vision of eastern Ukraine. The self-proclaimed, largely unrecognized DPR moved closer toward unifying with the other region that has forcefully broken...
