Section: Business Insider (USA)
Warren Buffett Has Some Brilliant Advice For Investors Freaked Out About Geopolitics
2014 has been unnerving. Every day, there’s a new worrisome headline coming out of Russia, Iraq, Libya, the Gaza Strip, or any of the world’s other geopolitical hotspots. And there’s also the ongoing fears of an ebola outbreak in West Africa, an unstable volcano in Iceland, and the ever-present risk of a solar flare knocking out...
Malaysia Airlines loss nearly doubles on MH370 impact
Kuala Lumpur (Malaysia) (AFP) – Crisis-stricken Malaysia Airlines said Thursday its second-quarter loss nearly doubled as the loss of flight MH370 spurred a decline in bookings, warning the red ink would accelerate as the year wears on.The flag carrier said it posted a 305.7 million ringgit ($97.2 million) loss in the April-June quarter,...
10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ)
Good morning! Here’s what you need to know: Russia Is Advancing On Ukraine, Says Ukraine. “I have made a decision to cancel my working visit to the Republic of Turkey due to sharp aggravation of the situation in Donetsk region, particularly in Amvrosiivka and Starobeshevo, as Russian troops were brought into Ukraine,” Ukraine...
There’s A Bunch Of Bad News This Morning
Good morning, there’s a bunch of bad news! Here’s a really quick skim: Ukraine’s Prime Minister says that Russian troops have about that here.Join the conversation about this story » …read more Source: Business...
UKRAINIAN PRESIDENT: RUSSIAN TROOPS ARE ADVANCING IN UKRAINE
Russian troops fighting on the side of separatists in Ukraine are advancing in the southeast region of the country, Ukraine President Petro Poroshenko said on Thursday. “I have made a decision to cancel my working visit to the Republic of Turkey due to sharp aggravation of the situation in Donetsk region, particularly in Amvrosiivka and...
There’s Just No End To The Bad Economic Data Out Of Europe
The bad news out of Europe just doesn’t seem to end. Earlier today, we learned that the number people unemployed in Germany unexpectedly climbed by 2,000 in August. Economists were expecting this number to decline by 5,000. The unemployment rate in Europe’s largest economy held at 6.7%. The eurozone’s consumer confidence index...
France rules out cooperation with Assad against Islamic State
Paris (AFP) – France’s president on Thursday rejected any cooperation with Bashar al-Assad whom he accused of being a “de-facto ally” of jihadists wreaking havoc in Syria and Iraq, and urged a “humanitarian and military” response to the threat.Speaking at an annual Paris gathering of ambassadors from around the...
Erdogan to be sworn in as Turkey’s new president
Ankara (AFP) – Turkey’s outgoing Prime Minister Recep Tayyip Erdogan was on Thursday set to be sworn in as president to extend his more than decade-long domination of the country.Erdogan was due to take his oath of office at 1100 GMT in Ankara and usher in a new era for Turkey, where he is expected to push for a new constitution and...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what people will be talking about Thursday: 1. The conflict in eastern Ukraine is heating up with new reports that pro-Russian rebels are moving into the southeastern Ukrainian town of Novoazovsk. Two seperate militia members told Reuters that military equipment is also being sent across the border. 2. Australian...
Troubled Bank of Cyprus posts 50 mn euros Q2 profit
Nicosia (AFP) – Troubled Bank of Cyprus, the island’s largest lender, said Wednesday it made 50 million euros ($66 million) net profit in the second quarter, its second successive quarterly gain after seven straight losses.For the six months ending in June, the bank made after tax profits of 81 million euros, following a 31 million...
