Section: Business Insider (USA)
Black week for the ruble as fall hits all-time low
Moscow (AFP) – Russia’s currency on Friday slid to a historic low, losing over 10 percent in value over the course of the week amid falling oil prices and the fallout of the Ukraine crisis.The fall sparked panic as the euro reached the 60 ruble mark for the first time and the dollar passed 48 rubles.The ruble then gained slightly with...
Traders Are Hearing ‘Many Whispers’ About How The Jobs Report Could Smash Expectations…
JonesTrading’s Dave Lutz has a roundup of what traders are chatting about right now. Good Morning! US Futures are opening flat, as the world awaits our payroll number (the Survey is 235k, High Estimate 314k – Of the 10 Bloomberg “Top Forecasters” 8 of them are all below 235k, but many whispers expecting a big beat based on...
32 tanks enter Ukraine from Russia: Kiev
Kiev (AFP) – A column of 32 tanks and other heavy weapons has entered Ukraine from Russia, the Ukrainian military said Friday, after the latest fighting left five dead and at least 31 injured.Military spokesman Andriy Lysenko said a convoy made up of 32 tanks, 16 howitzer cannons and 30 trucks of troops and equipment crossed the border into...
Ukraine Is Heating Up Again …
Russian President Vladimir Putin met with top military officials to discuss the “deterioration of the situation” amid fresh fighting on fault lines in eastern Ukraine. Andrei Purgin, deputy prime minister of the self-proclaimed Donetsk People’s Republic, said the Ukrainian army had launched “all-out war” on rebel...
German industrial output rebounds in September
Frankfurt (AFP) – Both exports and industrial production bounced back in Germany in September, data showed on Friday, helping to mitigate some of the gloom that has descended on Europe’s biggest economy recently.Following a sharper-than-expected slowdown in activity in August resulting from the late timing of the summer holidays,...
Ukraine isolates rebel territory with passports rule
Kiev (AFP) – Ukraine announced passport controls around pro-Russian separatist territories Thursday, as heavy artillery fire erupted in rebel-held Donetsk and Russia accused its neighbour of “crudely” violating the ceasefire.Ukraine’s border guards service said anyone crossing in or out of rebel areas will now have to...
Crimean Coffee Shops Are Now Selling ‘Caffé Americano’ As ‘Caffé Russiano’
In some coffee shops in Crimea, you can no longer order a “Caffé Americano.” It’s now called “Caffé Crimea.” Tanya Lokot tweeted photos of the new trend. One coffee shop alerted customers to the change with a notice that reads: “Attention! Given the current geopolitical situation, we no longer have ‘the...
Germany Made Its Own Mess
Germany’s awful industrial production figures released on Thursday are yet another reminder that the outlook for Europe’s largest economy is increasingly looking grim. Unfortunately for Berlin, the country’s problems are largely of its own making, as it ignored the plight of its eurozone neighbours. Production rose just 0.8% in...
Ukraine imposes passport controls around rebel area
Kiev (AFP) – Ukraine announced Thursday that anyone crossing in or out of areas controlled by pro-Russian separatists in the east of the country will have to show a passport.The rule, announced by the border guards service, was aimed at sealing off the separatist region in what will de facto become an internal border in the seven-month...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what you need to know for Thursday. 1. Leaked documents show that Luxembourg allegedly helped more than 300 of the world’s largest corporations save millions in tax. 2. New malware called WireLurker is targeting iPhones and iPads on an unprecedented scale, a security firm told The New York Times, with Chinese...
