Section: Business Insider (USA)
Deadliest attacks by pro-Russian rebels threaten Ukraine truce
Kiev (AFP) – Ukraine’s truce and troops withdrawal deal lay in tatters Tuesday after the deadliest wave of attacks by pro-Russian insurgents in more than a month left nine soldiers and four civilians dead.Thirteen soldiers and civilians were killed in 24 hours, officials said Monday, in the worst violence since the government and...
14 Billionaires Who Started With Nothing — Including Jack Ma And Larry Ellison
Forbes released its annual Forbes 400 list on Monday, revealing the 400 wealthiest people in the US. It’s not just a list of privilege; it’s a story of opportunity. Many of these mega successes started with limited means. Just ask Jan Koum, the WhatsApp founder who once lived on food stamps. After selling his company to Facebook in...
THE EUROPEAN CHESSBOARD: Here’s A Map Of The Russia-NATO Confrontation
The war in eastern Ukraine is in a state of ceasefire, but if the past seven months are any indication, this halt in hostilities won’t spell the end of the most severe geopolitical crisis between Russia and the west since the end of the Cold War. In the economic and diplomatic realm, Russia is attempting to choke off Ukraine’s supply...
The Arrest Of A Russian Billionaire Does Not Bode Well For Russia’s Economy
On September 16th 2014 Vladimir Yevtushenkov, the president and principal shareholder of AFK Sistema, was accused of money-laundering and placed under house arrest by a Moscow court. It is unlikely that the arrest is part of a co-ordinated strategy to revise the relationship between the state and business. Rather, the affair marks an...
Russia Slams ‘Arrogant’ US Policies In UN Speech
The Russian government dedicated the majority of its Saturday speech before the UN General Assembly to castigating the US and European powers for their alleged arrogance abroad. Using terms like “national egotism,” “double standards,” and “attempts to distort the truth,” Russian Foreign Minister Sergei Lavrov...
Ukraine backs off from EU-backed Russia gas deal
Kiev (AFP) – War-torn Ukraine on Saturday distanced itself from an EU-brokered agreement with Russia that would have restored its gas supplies during winter and helped rebuild trust between the neighbouring foes. The European Union’s energy commissioner emerged from hours of acrimonious negotiations in Berlin on Friday to pronounce...
Iran nuclear talks faltering amid ‘no progress’
New York (AFP) – Top US diplomat John Kerry was to meet his Iranian counterpart Friday for a second time in two days, amid reports that tough talks on reining in Tehran’s nuclear program have deadlocked.”At this time as I speak, there is no significant progress,” French Foreign Minister Laurent Fabius said of the latest...
EU unveils interim deal for ending Russia-Ukraine gas war
Berlin (AFP) – The European Union on Friday unveiled an interim deal meant to end Russia’s latest gas war with Ukraine which could see a return of supplies to the crisis-hit nation and a renewal of trust between the rival neighbours.The so-called “winter package” unveiled in Berlin came with Moscow threatening to cut off...
Russia, Ukraine agree gas deal, says EU energy chief
Berlin (AFP) – Russia is ready to restore gas deliveries to Ukraine if Kiev pays its energy giant Gazprom $3.1 billion (2.4 billion euros) by late December, European Energy Commissioner Guenther Oettinger said Friday.Gazprom is ready to deliver at least five billion cubic metres of gas in the coming months if there is an advance payment,...
Russia Is Considering A Crazy New Law That Would Allow The State To Seize Foreign Assets
In another dark twist to the West’s stand-off with Russia over the crisis in Ukraine, a pro-Kremlin deputy has submitted a draft law that would allow the government to seize foreign assets in the country in response to Western economic sanctions. The law, submitted after Italian authorities seized €30m worth of shares and bank accounts...
