Section: Business Insider (USA)
The Simple Reason Why The Ceasefire In Ukraine Is Likely Doomed
The Ukrainian government and pro-Russian separatist rebels in the country’s eastern regions agreed to terms of a ceasefire on Friday, and it has mostly held through the weekend. In the short-term, it gives all parties breathing room — Ukrainian President Petro Poroshenko (from the beating his military was taking), Russian President Vladimir...
Putin’s Plan For Ukraine, In One Sentence
A tenuous ceasefire between Ukraine and Russian-backed separatists is holding for now, but the prospect of a political deal to end the crisis is still far away. With Ukrainian parliamentary elections seven weeks away and tensions simmering, there is little chance that Kiev will make concessions that Vladimir Putin wants before fighting breaks out...
Here’s A 5-Second Guide To What Traders Are Talking About Today
Dave Lutz of JonesTrading has the top topics about which traders are talking today: US futures are ticking slightly lower as the Growth trade is under pressure – not just fresh EU sanctions, but a Scotland Poll this weekend has Pound getting whacked, UK and EU equities under pressure – and a bid under Bunds and Treasuries. The Ukrainian...
Investor Sentiment In Europe Crashes
That’s a really bad European investor sentiment reading from Sentix. The weak economy, combined with the crisis in Ukraine, is taking a clear toll on the outlook of the region. The consensus reading was 1.4 in August, down from 2.7 last month. Instead, sentiment plunged all the way to -9.8. Here’s a chart from Pantheon Economics: Join...
EU to unveil Russia sanctions as Ukraine truce teeters
Mariupol (Ukraine) (AFP) – European leaders were set on Monday to unveil punishing new sanctions on Russia after weekend fighting in Ukraine imperilled a fragile truce aimed at halting a bloody pro-Kremlin uprising.Ukrainian soldiers fortified their positions around Mariupol on Monday after insurgent attacks late Saturday on government...
Russia could restrict airspace in sanctions battle: PM
Moscow (AFP) – Russia will retaliate against a new round of Western sanctions over Ukraine and may block flights through its airspace, Prime Minister Dmitry Medvedev said in an interview published on Monday.Medvedev also suggested that Western sanctions would not make the Kremlin change its course, adding that Russians — like the...
German trade surplus hits record in July
Frankfurt (AFP) – The outlook for the German economy, Europe’s biggest, brightened on Monday when data showed the country’s trade surplus hit a new record in July on the back of booming exports. After allowance for seasonal blips, Germany exported goods worth a total of 98.2 billion euros ($127 billion) in July, 4.7 percent more...
The 10 Most Important Things In The World Right Now
Welcome back from the weekend! Here’s what people will chatting about on Monday. 1. Iraq forces say they have prevented Islamic State militants from seizing control of the Haditha Dam on the Euphrates after the U.S. launched new airstrikes in the region on Sunday. 2. A ceasefire agreement between Ukraine and Russia broke down on Sunday as...
‘Listen To The Sound Of The Ceasefire’: Russian Shelling Shakes Ukraine Truce
DONETSK/MARIUPOL Ukraine (Reuters) – A woman died and at least four people were wounded on Sunday when fighting flared again in eastern Ukraine, jeopardising a ceasefire struck less than two days earlier between Ukrainian government forces and pro-Russian separatists. The accord, brokered by envoys from Ukraine, the separatist leadership,...
Mariupol woman killed in first death since Ukraine truce
Mariupol (Ukraine) (AFP) – A woman was killed in the heavy fighting that erupted overnight in the Ukrainian port city of Mariupol, the local authorities said on Sunday, the first reported death since a ceasefire was signed two days ago.Another three residents were also wounded when pro-Russian rebels opened fire on a government-held...
