Section: Business Insider (USA)
UN warns of possible return to full-scale fighting in east Ukraine
United Nations (United States) (AFP) – A senior UN official warned Wednesday of a return to full-scale fighting in east Ukraine following reports of Russian tanks and troops crossing the border.”We are deeply concerned by the possibility of a return to full-scale fighting,” UN Assistant Secretary-General Jens Anders...
Monitor: Russian-Backed Rebels Seem To Be Preparing To Attack A Crucial Port City
Intensified shelling and military activity by Russian-backed separatists in eastern Ukraine have raised fears that the rebels may try to take a crucial port city, Europe Secretary General of the Organization for Security and Co-operation Lamberto Zannier told Interfax. According to Zannier, the most intense shelling by rebel forces occurred in...
The French Firm Due To Hand Over A Warship To Russia Is Not Picking Up The Phone
The French firm responsible for delivering the first of two Mistral class helicopter carriers to Russia is no longer picking up the phone to Russian officials, Ria Novosti reports. The news service quotes a high-ranking defence source as saying of the French firm: “They remain silent, there is no contact with them. They are to hand it over...
The Russians Have Persuaded The Chinese To Bail Out Their Oil Industry (AAPL)
Last month Russian Finance Minister Anton Siluanov announced that Rosneft, Russia’s largest oil company, had requested 2 trillion roubles (then $49 billion) from the state’s National Wealth Fund (NWF) to help it meet its funding requirements. The request was refused but it left questions over how the oil company planned to meet its...
Russia’s Prosperity Is Tanking …
While Putin struts on the world stage, Russian society is suffering. The country just recorded the worst performance of any European nation on the 2014 Legatum Prosperity Index, the second annual ranking from United Arab Emirates-based investment firm and think tank, the Legatum Group. While Georgia, Armenia, and others still sit lower on the...
What Are Traders Chatting About Right Now? Markets Are Under Pressure…
JonesTrading’s Dave Lutz has a round up of what traders are chatting about right now. Good Morning! US Futures are under pressure, led by a 60bp drop in the Russell – but we are outperforming markets in Europe, where the DAX and EuroStoxx are off 1.4% in fair volume. Weakness being driven by several factors: Banks weak as Regulators hit...
NATO says Russian military equipment entering east Ukraine
Sofia (AFP) – NATO has observed columns of Russian military equipment including tanks, artillery and combat troops entering eastern Ukraine in the past two days, the military alliance’s supreme allied commander said Wednesday.”Across the last two days we have seen the same thing that OSCE is reporting. We have seen columns of...
Heavy artillery fire around Ukraine rebel city Donetsk
Donetsk (Ukraine) (AFP) – Heavy artillery fire on Wednesday rocked east Ukraine’s main rebel bastion of Donetsk in the fiercest fighting around the city in days, an AFP journalist said.The explosion of outgoing mortars being fired from near the centre towards government positions around the ruined airport could be heard from early in...
Economic headwinds threaten G20 growth pledge
Brisbane (Australia) (AFP) – G20 leaders will this weekend pledge to rev up combined growth by two trillion dollars but analysts are sceptical of success with key pistons of the global economic engine such as Germany and China starting to misfire, and Japan again at risk of going into reverse.With Barack Obama, China’s Xi Jinping and...
Why A Place 700 Miles North Of The Arctic Circle May Become One The US’s Most Important Air Bases
Over 700 miles north of the Arctic Circle in Greenland sits one of the US’s most isolated military installations — a place that could potentially become one of the most important American air bases on earth. Situated close to the halfway point between Moscow and New York City, Thule Air Base is a remnant of the US’s drive to create...
