Section: Business Insider (USA)
Ukraine, pro-Russian rebels resume peace talks
Minsk (AFP) – Ukranian and rebel envoys resumed intense talks on Wednesday aimed at ending a pro-Russian uprising that has left the ex-Soviet republic in ruins and upset East-West ties.A successful round of preliminary negotiations in the Belarussian capital Minsk would pave the way for a second meeting on Friday at which a final agreement...
The Top 10 Things We Learned About The Economy And Markets In 2014
Sometimes the best way to understand the future is to look to the past. US Trust’s Chief Market Strategist Joseph P. Quinlan has put together a list of the top 10 macroeconomics lessons from 2014 in order to show what investors should watch next year. “We thought it might be instructive to look back, not forward, at some of the...
Russia, Ukraine set for peace talks after Kiev step towards NATO
Kiev (AFP) – Fragile peace talks aimed at ending the separatist war between Ukraine and pro-Russian rebels are due to resume Wednesday, a day after Kiev angered Moscow by taking a historic step towards NATO.The talks in the Belarussian capital Minsk are expected to bring together envoys from Ukraine, Russia, pro-Moscow separatists and the...
PRESENTING: Art Cashin’s Annual Christmas Poem Featuring The Fed, Putin, Oil, And Kim Kardashian
Legendary New York Stock Exchange floor trader and director of floor operations for UBS Art Cashin has sent out his annual Wall Street Christmas poem. This year he wove in some of the financial and political highlight of 2014: Wall Street waiting for the Fed rate hikes, Putin’s annexation of Crimea, and the oil plunge… But he also...
OPEC will not cut output even at $20 a barrel: Saudi
Riyadh (AFP) – OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said.”Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant,” the kingdom’s Oil Minister Ali al-Naimi said in an interview with...
Ukraine parliament takes historic step toward NATO
Kiev (AFP) – Ukraine’s parliament took a historic step toward NATO membership on Tuesday by overwhelmingly voting to revoke the nation’s neutral status, which it adopted under Russian pressure in 2010.The Verkhovna Rada parliament voted 303-8 in favour of dropping the ex-Soviet state’s “non-aligned nation”...
Apple Reopens Online Store In Russia With Massive Price Increases On iPhone 6 (AAPL)
Apple has reopened its online store in Russia, after closing it last week due to instability in the ruble. But Russian consumers logging onto the reopened store have discovered that the price of the iPhone has shot up during the downtime. Computer World reports that the 16GB iPhone 6 now costs 53,990 rubles (around $991). Before the store shut,...
International journalist deaths soar in 2014: press watchdog
New York (AFP) – The gruesome murders of foreign journalists by the Islamic State group contributed to 2014 being a particularly deadly year for international correspondents, an annual review by the Committee to Protect Journalists reported Tuesday.The CPJ study found that an “unusually high proportion” of the 60 journalists who...
Turkey-based AFP photographer wins Time laurel
Washington (AFP) – Time magazine named AFP’s Bulent Kilic as its Best Wire Photographer for 2014 on Monday for his powerful images from the Syrian border, Ukraine and his native Turkey.He is the third Agence France-Presse photographer to win the Time laurel for excellence in news wire images, established in 2010.Kilic, 35,...
‘Ebola Fears’ And Other Things Economists Are Saying To Explain The Plunge In US Home Sales
Existing home sales plunged in November. According to the NAR, the pace of sales fell by 6.1%, to an annualized rate of 4.93 million units. Wall Street had been expecting sales to fall 1.1% to 5.20 million units. Today’s numbers showed the largest drop since July 2010. Economists had a mix of reactions to the data: Bank of...
