Section: Business Insider (USA)
US Says Russia Tested A Cruise Missile In Violation Of Cold War Treaty
In another sign of deteriorating relations between the United States and Russia, the U.S. government said on Monday that Moscow had violated the Intermediate Range Nuclear Forces treaty, and urged immediate bilateral talks on the issue. The Cold War treaty, ratified in 1988, was designed to eliminate ground-launched cruise missiles with ranges of...
Here’s Wall Street’s Three-Word Summary Of Everything
“Some call it the summer lull, but to me it seems we have simply arrived in what we expected to be a ‘boring but better’ second half of the year,” said Morgan Stanley’s Joachim Fels. Fels is reiterating Morgan Stanley’s house view, which they laid out in June. Morgan Stanley isn’t the only Wall Street...
WHITE HOUSE TO RUSSIA: Prepare To Get Whacked By The Worst Sanctions Yet
President Barack Obama convened a video conference with four European Union leaders on Monday, during which they agreed to implement additional sanctions against Russia for its continued involvement in the Ukrainian crisis. Deputy National Security Adviser Tony Blinken said during the White House daily press briefing on Monday that the U.S....
Russia Celebrated Its Navy Day In Recently Annexed Crimea
Russia celebrated its de-facto annexation of Crimea by holding its annual Navy Day celebration in the Crimean port city of Sevastopol yesterday. Navy Day is a national holiday in Russia typically held on the last Sunday of July. The holiday originated with the Soviet Union, which first celebrated Navy Day in June 1939. Ukraine has also celebrated...
The 10 Most Important Things In The World Right Now
Welcome back from the weekend! Here’s what people will be taking about on Monday. 1. Israel maintains that its forces were not responsible for 16 Palestinians who were killed last Thursday when a United Nations school in Gaza came under fire. An Israeli military spokesman “acknowledged that an errant mortar round fired by Israeli...
Kerry To Russia: Stop Denying That You’re Meddling In East Ukraine
Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State John Kerry agreed in a phone conversation on Sunday on the importance of ensuring a swift ceasefire in eastern Ukraine, a Foreign Ministry statement in Moscow said. But the State Department said Kerry did not accept Lavrov’s denial that heavy weapons from Russia were...
Pro-Russian Rebels Are Using Soviet WWII Posters To Recruit In East Ukraine
Pro-Russian rebels in east Ukraine are turning to Soviet World War II posters to spread their message of fighting against Ukrainian “fascists” in a part of the world that was flattened by Nazi troops. “The Motherland Calls!” read one billboard accompanied by a vintage print of a stern-looking Soviet woman against a...
US: Here’s Proof Russian Troops Are Shelling Ukrainians From Inside Russia
Someone has been firing grad rockets from Russian territory at Ukrainian troops, and the U.S. government says the culprits are Russian troops. On Sunday, the State Department released images showing what it says are Russian positions that are firing on Ukraine. Russia is already training separatists on Russian soil and sending them heavy weapons,...
The Big Mac index: A basket of sliders
Our flame-grilled guide to currencies suggests the dollar is getting dearer COUNTRIES with McDonald’s fast-food restaurants may only rarely become embroiled in military conflict (Russia and Ukraine are obvious exceptions at the moment), but currency wars are another matter. In recent years central banks in many rich economies fired up big...
BIG MAC INDEX: Kroners And Swiss Francs Are Still Overvalued
Our flame-grilled guide to currencies suggests the dollar is getting dearer COUNTRIES with McDonald’s fast-food restaurants may only rarely become embroiled in military conflict (Russia and Ukraine are obvious exceptions at the moment), but currency wars are another matter. In recent years central banks in many rich economies fired up big...
