Section: Business Insider (USA)
With Putin’s Russia Looming, Finland Is Now Debating Joining NATO
As tensions have continued to increase throughout eastern Europe and the Baltic States, famously neutral Finland is being forced to reconsider its decision to remain outside of the NATO alliance. Finland, which stayed neutral throughout the Cold War, shares an 800-mile-long border with Russia, and has an often-difficult history with its neighbor....
A Timeline Of Issues That Occurred During The Chuck Hagel Era
Defense Secretary Chuck Hagel has tendered his resignation and is set to announce his resignation alongside President Obama at 11:00 a.m. Hagel has been the Secretary of Defense for almost two years after being sworn in on February 27, 2013. During his tenure, Hagel has been characterized as an invisible man who was content to work behind the...
10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ, INTC)
Good morning! At the start of a new week, here are the major stories likely to have an impact as markets open. Russia Is Losing $140 Billion Per Year. “We are losing around $40 billion per year due to geopolitical sanctions and we are losing some $90 to $100 billion per year due to oil prices falling 30 percent,” Russian Finance...
Russia to lose some $40 bn a year due to sanctions: minister
Moscow (AFP) – Russia is set to lose around $40 billion (32 billion euros) per year due to Western sanctions over the Ukraine conflict, Finance Minister Anton Siluanov said Monday.”We are losing around $40 billion per year due to geopolitical sanctions and we are losing some $90 to $100 billion per year due to oil prices falling 30...
PUTIN: We’re Stronger Than Everybody
Russian President Vladimir Putin expressed his belief that Russia is the strongest nation, which will lead to — in his eyes — a positive end in Crimea, according to an interview with the state-owned TASS news agency. During the interview, Putin stated that everything will “end well” in Crimea because “it’s just that...
Africa’s Armies Are Going On A Spending Spree
THE north-eastern Nigerian town of Chibok is spared little. Earlier this year fighters from the extremist group, Boko Haram, abducted more than 200 local schoolgirls. In the past week insurgents and government troops have traded possession of urban districts and surrounding farmland, leaving much of it burnt. The Nigerian army, one of the biggest...
Vargas retains WBA super lightweight crown in Macau
Macao (AFP) – American Jessie Vargas outpointed his Mexican rival Antonio DeMarco Sunday to retain his World Boxing Association super lightweight title in a pulsating fight in Macau.The champion from Las Vegas, with legendary fighter Roy Jones Jr making his debut as a trainer in his corner, got the better of his valiant opponent in a fight...
Moscow accuses West of seeking Russia ‘regime change’
Moscow (AFP) – Foreign Minister Sergei Lavrov on Saturday accused the West of seeking to force a regime change in Russia through sanctions over the Ukraine conflict.”The West is showing unambiguously that they do not want to force (Russia) to change policy, they want to achieve a change of regime,” Lavrov told a forum of...
Kiev says Russia has 7,500 troops in Ukraine
Kiev (AFP) – Ukraine said Russia has thousands of troops in its conflict-ravaged east and vowed to boost its own military capacity, ratcheting up tensions Saturday after Kiev’s new coalition pledged to make joining NATO a priority.The latest declarations from Ukraine’s defence minister threaten to provoke fresh Russian anger as...
Time to act on energy security, Biden tells EU
Istanbul (AFP) – US Vice President Joe Biden on Saturday told Europe it was time to act on improving its energy security, warning of Russia’s “track record” in using energy supplies as a weapon.Speaking at an Atlantic Council meeting in Istanbul, Biden said Europe needed to step up efforts to “ensure...
