Section: Business Insider (USA)
7 reasons why Russia-backed separatists are winning in Ukraine
The situation is Ukraine is bad and getting worse, to the point where the U.S. is considering sending lethal aid and many experts are saying America is running out of time. A new report by the Atlantic Council, with the Brookings Institution, and the Chicago Council on Global Affairs calls for three billions of dollars in aid, including weapons....
Russian companies are being forced to sell more oil because of their dollar problem
Russian state-owned oil company Rosneft is being forced to front-load oil deals in order to quickly raise money to fund a $7 billion (£4.6 billion) debt repayment due on Feb. 13. According to Reuters, the company has committed to sell around 500,000 metric tonnes of oil to wiss oil trading company Trafigura this month. That figure is more...
The 10 most important things in the world right now
Good morning! Here’s what you need to know for Wednesday. 1. At least 12 people were killed after a Taiwanese plane crashed through a freeway barrier and into a river shortly after take-off. 2. Jordan executed two Iraqi militants in retribution for the killing of a Jordanian pilot by Islamic State militants. 3. Greece will meet with...
At least 9 dead as Taiwan plane cartwheels into river on take-off
TAIPEI (Reuters) – At least 12 people were killed and more than a dozen were unaccounted for after a Taiwanese TransAsia Airways plane with 58 passengers and crew on board crashed into a Taipei river shortly after take-off on Wednesday, officials and domestic media said. Dramatic pictures taken by a motorist and posted on Twitter showed the...
Putin says Ukraine needs to repay a $3 billion loan because Russia needs the money to fight its financial crisis (RSX)
Russia could really make things miserable for Ukraine soon. On Tuesday Russian president Vladimir Putin said that Ukraine should repay the $3 billion loan because Russia needs that money to fight the economic crisis that’s currently ravaging the nation, reports Bloomberg’s Anton Doroshev. Last week, Russia rolled out a $34.7 billion...
Russia is looking to make an ally within its biggest enemy
It looks like Russia is trying to make a military ally within its biggest enemy. On Tuesday, Greece’s defense minister and outspoken “Eurosceptic” Panos Kammenos announced that he was invited to Moscow to meet his Russian counterpart, Sergei Shoygu in the near future. Earlier that day, Kammenos met with both the US and Russian...
Russia has announced plans for joint military drills with North Korea
A top Russian military official has stated that Moscow plans on conducting joint military exercises with North Korea, a number of media outlets have reported. “We are planning an expansion of the communication lines of our military central command,” Valery Gerasimov, the chief of staff of the Russian armed forces, said at a meeting attended...
Death toll mounts in east Ukraine as US mulls arming Kiev
Kiev (AFP) – Fears grew Tuesday of an escalation in the mounting bloodshed in east Ukraine as the United States mulled arming Kiev and pro-Russian rebels ordered a mass mobilisation. At least 16 civilians and five government troops were killed over the past 24 hours in fierce clashes across the conflict zone, government and pro-Russian...
Spotify has cancelled its launch in Russia
Spotify, one of the world’s biggest music streaming services, has cancelled its plan to launch in Russia. BBC Russia reports today that the Swedish company has taken a dramatic U-turn and dismissed the would-be head of the country’s division, Alexander Kubaneishvili. Kubaneishvili announced the news in a letter to partners, Russian...
Ukraine separatist leader vows to mobilise 100,000 men
Donetsk (Ukraine) (AFP) – The pro-Russian separatist leader in eastern Ukraine’s rebel hub of Donetsk vowed Monday to mobilise 100,000 fighters for their latest offensive against Kiev forces.”There will be general mobilisation in the (separatist) Donetsk People’s Republic in 10 days’ time, we plan on mobilising up to...
