Section: Business Insider (USA)
The foreign students accidentally trapped in Ukraine’s war
Donetsk (Ukraine) (AFP) – Wissam Fawzi left Iraq in 2006, hoping to put the horrors of war behind him and study dentistry far away from the sound of bombs. Unfortunately, he picked eastern Ukraine for his new home. “I wanted to move to Donetsk because there was war in Iraq. There was shelling in Baghdad in 2006. It was very...
Kerry to meet Russia’s Lavrov in Rome on Monday
Washington (AFP) – Top US diplomat John Kerry will meet with his Russian counterpart Sergei Lavrov in Rome on Monday, amid a toughening American response to a Kremlin-backed separatist insurgency in Ukraine.State Department deputy spokeswoman Marie Harf said on Friday that the pair would discuss the Palestinian bid for statehood at the...
Ukraine cheers US vote for military aid, Russia outraged
Kiev (AFP) – Ukraine on Friday welcomed a US bill that would allow Washington to provide lethal military assistance to the embattled country, but Russia expressed outrage at the “openly confrontational” legislation.The bill — passed late on Thursday and due to get final approval in Congress on Friday before being sent to...
Tunnel of love: Moscow couple get amorous underground
Moscow (AFP) – Moscow metro bosses said on Friday they were carrying out emergency checks of the system after a young couple made their way into a tunnel and had sex on the rails.Moscow has a subculture of enthusiasts who explore its maze of tunnels including the metro system, called “diggers”, and a young couple this week...
Ruble sinks to new lows despite rate hike
Moscow (AFP) – The ruble sank Friday to fresh record lows as oil prices plunged further, prompting apparent intervention from Russia’s central bank.The Russian currency weakened to 72.14 against the euro and 57.98 against the dollar, before trading in the greenback suddenly jumped — in what appeared to be action by the central...
Lights out as Besiktas overhaul Tottenham
Paris (AFP) – Besiktas beat Tottenham 1-0 in the Europa League on Thursday to climb above the Londoners and win Group C on a night that saw the floodlights fail twice.In the final round of group games Tottenham only needed to draw to top the pile, but a 60th-minute tap in from the six-yard line from Cenk Tosun gave the Turks the game and...
10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ)
Good morning! Here are the 10 stories you need to know about in markets today. Europe’s Latest Stimulus Falls Flat. The European Central Bank lent €130 billion ($162.17 billion) to banks in its latest cheap credit programme, in an attempt to get Europe’s stagnant economy moving again. The TLTRO figure (targeted long-term refinancing...
Three Ukraine soldiers dead in first casualties since ceasefire
Kiev (AFP) – Three soldiers were killed and eight injured in the past 24 hours, a Ukraine military spokesman said on Thursday, marking the first casualties since a ceasefire was introduced earlier this week. “We lost three soldiers and another eight were wounded in the past 24 hours,” said spokesman Andriy Lyssenko. Previous...
Russian Central Bank Hikes Rates
The Russian central bank has raised rates to 10.5% from 9.5% in its latest attempt to halt the collapse of the rouble. The currency has been hit by a combination of collapsing oil prices, which the country’s economy is heavily dependent on, and Western sanctions over Russia’s role in supporting anti-government rebels in Ukraine. The...
Putin Handed Over $8 Billion Of Contracts To His Sanctioned Russian Oligarch Friends
Companies linked to Russian billionaire Arkady Rotenberg and Gennady Timchenko, both close allies of Russian President Vladimir Putin, were given contracts worth 309 billion roubles (£3.6 billion, $8.1 billion) since western sanctions were imposed on the men in March, according to a Bloomberg report. The deals included a 228-billion- rouble...
