Section: Business Insider (USA)
Ukraine energy exec urges EU pressure on Russia’s Gazprom
New York (AFP) – The head of the Ukraine’s national energy company has called on European officials to pressure Gazprom over the Russian energy giant’s dealings with Slovakia.Andriy Kobolev, chairman and chief executive of Naftogaz, said that the European Union should require Gazprom to step back from a key pipeline connection...
Trade, rights on agenda as China’s Li visits Germany
Berlin (AFP) – China’s Premier Li Keqiang will meet German Chancellor Angela Merkel on Friday, the third top-level talks this year between the export powers, amid growing disquiet over human rights and business rules.Berlin and Beijing say they are seeking to bolster their already massive trade and investment links by deepening their...
IMF warns of eurozone recession, presses Germany
Washington (AFP) – The International Monetary Fund stepped up its warnings over a possible eurozone recession Thursday, pressing governments like Germany to spend more for reverse a stall.Worries about the eurozone stagnating were at the forefront as the annual IMF-World Bank meetings on the global economy kicked off.Despite the general...
Sea of candles marks ‘magical’ rally that shook Berlin Wall
Leipzig (Germany) (AFP) – Tens of thousands joined a candlelight procession on Thursday marking a watershed mass protest 25 years ago that helped bring down the Berlin Wall a month later.European leaders and former dissidents joined local residents in a day of celebrations culminating in a reenactment of the iconic march in the eastern...
Leaders, activists mark ‘magical’ rally that shook Berlin Wall
Leipzig (Germany) (AFP) – European leaders and former dissidents Thursday celebrated 25 years since a landmark protest in the run-up to the Berlin Wall’s fall, amid fears over fresh Cold War-style tensions with Russia.The ceremony in the eastern German city of Leipzig comes one month to the day before the reunified capital marks a...
The Analyst That Predicted Germany’s Horrible Industrial Numbers Has Another Terrifying Forecast
The industrial data out of Germany just keeps getting worse. This week we’ve already seen terrible factory orders, a slump in industrial production and Thursday’s export meltdown. All of them had their worst month in five years, throwing a massive cloud over the success story usually associated with the German economy. But it’s...
Five civilians killed in Ukraine’s Donetsk
Kiev (AFP) – Five civilians were killed during intensified shelling in the eastern Ukrainian city of Donetsk, local authorities said Thursday. The fresh casualties came Wednesday amid fighting close to the army-held Donetsk airport, they said. Ukraine’s military said rebels had launched four mortar attacks against their positions at...
German, French trade data hit by falling exports
Frankfurt (AFP) – The economic skies above the eurozone darkened again on Thursday as data showed a sharp drop in exports from its two biggest economies, Germany and France.German exports contracted by a massive 5.8 percent in August — the steepest drop since January 2009 — causing the trade surplus to shrink to 17.5 billion...
Leading nations play catch-up in race for fotball Euro 2016
Paris (AFP) – The campaign to qualify for Euro 2016 intensifies with two rounds of matches played back-to-back over six days, starting from Thursday, offering the chance for those countries who started badly last month to play catch-up.That is the case for Guus Hiddink’s Netherlands, who entertain Kazakhstan and then go to Iceland...
Finance chiefs meet under cloud of Euro-stagnation, Ebola
Washington (AFP) – Stagnation in the eurozone, geopolitical crises, and a menacing health disaster in West Africa confront the world’s leading finance officials as they meet in Washington beginning Thursday.Six years after the financial crisis, the world economy is growing, at a modest 3.3 percent annual pace, and could pick up next...
