Section: Business Insider (USA)
Djokovic eases into Qatar quarter-finals
Doha (Qatar) (AFP) – World number one Novak Djokovic took a significant step towards winning a tournament in the opening week of the season for the first time in eight years when he brushed aside the challenge of Sergiy Stakhovsky.The Serbian’s 6-2, 6-1 win over the Ukrainian carried him to the quarter-finals of the Qatar Open and...
Some Russians Are Freaking Out As Their Mortgages Soar
ST. PETERSBURG, Russia (AP) — When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments — even by working longer hours and a second...
Price fall to push oil industry into sharp recession
New York (AFP) – The oil price plunge will force energy companies will slash capital spending in North America, Europe and Asia in 2015, investment bank Evercore IS said Tuesday.But investment will continue to rise in Africa and the Middle East as producers in those areas seek to boost long-term output in the flooded global oil...
War Reporter Explains How Ukraine Became A ‘Post-Apocalyptic’ Nightmare
A journalist who spent nearly two years in eastern Ukraine before the war hit has written for Mashable about the stark differences he noticed when he returned to report on the conflict-ridden area. Christopher Miller wrote about how he arrived in Artemivsk in 2010 as a Peace Corps volunteer and met many welcoming, hospitable people who were...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what you need to know for Tuesday. 1. Divers have recovered five major parts of wreckage from AirAsia Flight 8501, but have yet to find the crucial “black box.” 2. French president Francois Hollande said in an interview Monday that Western nations should ease existing sanctions on Russia. 3. Thousands of...
12 Ukraine soldiers killed in road crash in east: national guard
Kiev (AFP) – Twelve Ukrainian soldiers were killed and 18 injured when a bus collided with military vehicles in bad weather in the war-torn east, the national guard said Tuesday.The collision Monday night was due to bad weather, it said in a statement.Join the conversation about this story » …read more Source: Business...
The Ruble Plunged As Oil Crashed
The ruble got slammed again on Monday. The currency ended the day at around 61.61 per dollar, around 6.4% weaker against the dollar. During the day, the currency got as weak as 62.0 rubles per dollar. By comparison, on the first day of trading in 2014 the ruble was at 32.03 rubles per dollar. The currency’s drop coincides with crude oil...
Byron Wien Predicts A Huge Year For Stocks In His ’10 Surprises For 2015′
Blackstone Group vice chairman Byron Wien just released his list of the ten biggest surprises for 2015. Among the notable calls: the S&P 500 surges 15%, brent oil falls into the $40s, and junk bonds come back big time. This is the 30th such list this Wall Street veteran has published. His predictions for this year are in the press release...
2015 Could Be The Year We Witness The ‘Weaponization Of Finance’
Forget nukes and battleships. Washington may increasingly flex its geopolitical muscle in 2015 using an unconventional weapon: finance. “Access to the US marketplace and US banks, and Washington’s ability and willingness to use them, are becoming more important as instruments of foreign and security policy,” Eurasia...
The 10 Biggest Risks The World Faces In 2015
Just two years ago Ian Bremmer, the head of Eurasia Group, stated that “political risk in the developed world is … overstated.” Today, things are a bit different: “Geopolitics is back,” write Ian Bremmer and Cliff Kupchan in Eurasia Group’s annual list of the top risks. “As 2015 begins, political conflict...
