Section: Business Insider (USA)
Obama seeks solace at Stonehenge
Amesbury (United Kingdom) (AFP) – President Barack Obama sought solace Friday at the mystical, prehistoric English monument of Stonehenge, relaxing after stressful days confronting Russia and rising jihadism in the Middle East.”How cool is this?” Obama exclaimed as he toured the iconic stone circles, believed to have been built...
The State Of The Big Emerging Markets In One Giant Map (EEM, SPY, QQQ, TLT, DIA)
Deutsche Bank is out with its latest economic outlook presentation, titled “Fragile Equilibrium,” and in it the firm has one map that sums up all the problems facing emerging market investors. DB highlights the diverging growth trajectories among some of the largest emerging market economies including Russia, Brazil, India, Turkey,...
Here Comes Obama’s Press Conference…
President Barack Obama will hold a press conference Friday at 11:30 a.m. ET at the conclusion of this week’s NATO Summit in Wales. Obama’s press conference will likely touch on a range of topics that have come up at the summit, including crises in both Ukraine and Iraq. Secretary of State John Kerry said Friday that the U.S. was...
NATO to sanction Russia as Ukraine heads into peace talks
Newport (United Kingdom) (AFP) – NATO leaders are expected to announce a raft of fresh sanctions against Russia on Friday over its actions in Ukraine, although hopes remain that a ceasefire can be forged at peace talks in Minsk on the same day.The leaders are heading into the second and final day of a NATO summit in Newport, Wales that has...
Russian Rockets Are Falling Within Sight Of A Strategically Vital Ukrainian City
Pro-Moscow separatist forces, likely augmented by Russian soldiers, have began a bombardment of a major Ukrainian coastal city. Mariupol sits between pro-Russian occupied areas and the Crimean Peninsula, which Russia annexed in March. The city had previously seen clashes between Ukrainian security forces and separatists in May. But Mariupol...
Here Are The 200 “Sky Soldiers” The US Is Sending To Military Exercises In Ukraine
The Pentagon announced Wednesday that the U.S. Army will be sending 200 paratroopers from the 173rd Airborne Brigade Combat Team to Ukraine. The paratroopers from the 173rd, known as “Sky Soldiers,” will participate in a joint military exercise, Rapid Trident, against Russia’s objections. Russia had warned against any NATO...
Russia May Still Have An Automated Nuclear Launch System Aimed Across The Northern Hemisphere
Anxiety over a nuclear exchange between super powers seems out of place in a post-Cold War world where conflicts are usually fought within states, rather than between them. But despite the changing nature of the times, nuclear weapons continue to play a central role in Russian military strategy. Last week, as thousands of Russian troops streamed...
John McCain Thinks Obama Should Look Up ‘Invasion’ In The Dictionary
The White House has been hesitant to describe the situation in Ukraine as a Russian invasion, but Sen. John McCain (R-Arizona) thinks there’s no other way to describe what’s happening. McCain even said he looked up the definition of the word in the dictionary. He held a press conference in Ukraine on Thursday to make that very point....
The $1.6 Billion Warship Deal With Russia Is Now A Huge Headache For France
Suspending the sale of two Mistral-class warships to Russia would cost France as much as $1.3 billion, a French diplomat told BBC. On Wednesday, French President Francois Hollande decided to suspend delivery of the warships in a signal of Western cohesion amid Russia’s continued escalation in Ukraine. Russia has reportedly paid much of the...
German factory orders shrug off ‘Putin effect’
Frankfurt (AFP) – German industrial orders, a key measure of demand for German-made goods both at home and abroad, jumped in July, suggesting the fallout from the Ukraine crisis remains limited for now, data showed on Thursday.Factory orders were up 4.6 percent in July compared with the level in June, the statistics office Destatis said in...
