Section: Business Insider (USA)
The 10 Most Important Things In The World Right Now
Hello! Here’s what people will be chatting about on Thursday. 1. The U.S. said a rescue mission of Yazidi refugees from Mount Sinjar is less likely after a small special forces team dispatched to the mountain found fewer people than expected. The U.S. has been air-dropping food, water, and other supplies to the trapped refugees for the last...
NOMURA: The Russian Aid Convoy Risks ‘Triggering A Dangerously Volatile Situation’
A Russian convoy of about 280 trucks with humanitarian supplies heading toward Ukraine is currently at a Russian military base 200 miles east of the border, and the risk of provoking a conflict remain shrouded in confusion. “Throughout Wednesday, tensions rose in the absence of a clear statement from Russia about where the trucks were...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what people will be chatting about on Wednesday. 1. The international community is increasing efforts to help thousands of Yazadi refugees trapped on Mount Sinjar in Iraq by ISIS militants. The U.S sent more than 100 military advisors to the northern Iraq region on Tuesday, while Britain has dispatched Chinook...
Here’s Why Geopolitical Chaos Hasn’t Caused Oil Prices To Spike (OIL, USO)
Oil markets have been startingly calm in recent months despite unrest in some of the world’s largest oil producing regions. The price of London-traded Brent crude oil is actually down $5 since mid-May. The reason is that the world doesn’t need as much of the stuff right now — and global production continues to ramp up. Tuesday,...
The Outlook For Germany In One Word: ‘Grim’
Confidence in Germany is crumbling. The ZEW investor confidence survey index plunged to 44.3 in August from 61.8 a month ago. This was much worse than the 54.0 expected by economists. To make things worse, the expectations index crashed to 8.6 from 27.1. This was the lowest reading since December 2012. Economists were expecting 17.0. “In...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what people will be chatting about on Tuesday. 1. Actor and brilliant standup comedian Robin Williams died in an apparent suicide.Williams was 63. 2. Iraq’s president appointed a new prime minister, Haider al-Abadi, to replace incumbent leader Nuri al-Maliki. Maliki has made it clear that he will not go quietly....
Here’s Why The US Doesn’t Want To Ban Russian Diamond Imports
While Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds from any future bans on Russian exports. In a new research note, Morgan Stanley analysts led by Joel Crane discuss various aspects Russian mineral exports. They point out that Russian state-owned diamond mining...
Sanctions Or No, Here’s How Putin Has Laid The Groundwork To Bully Europe For Years To Come
Tough sanctions imposed on Russia by Europe and the United States will damage the ability of Russian banks and energy companies to raise capital and buy technology. But Russian oil and gas will still flow into Europe. That’s because Vladimir Putin has spent years turning the country into an energy powerhouse, what Sen. John McCain called,...
Steven Seagal Rocked Out With Pro-Russia Separatists In Crimea
Action movie star Steven Seagal brought his blues band to a bikers’ festival held on Saturday in the city of Sevastopol on the Crimean peninsula, which was annexed from Ukraine by Russia earlier this year. Seagal reportedly rocked out in front of a flag used by the pro-Russian separatists who are still battling Ukrainian forces in the...
Russia Is Puny
Russia’s recent activities have captured the attention of the world. It’s role in destabilizing Ukraine have earned it economic sanctions from the U.S. and European Union. And Russia has returned fire with economic sanctions of its own, including sweeping bans on food imports from the west. While these sanctions are likely to impact...
