Section: Business Insider (USA)
RUSSIA ETF PLUNGES (RSX, SPX, SPY, QQQ)
The Market Vector Russia ETF, an exchanged-traded fund that is designed to track the performance of public companies from Russia, is tumbling. The RSX was down nearly 6% in afternoon trade following reports that Malaysia Airlines passenger plane crashed in eastern Ukraine near the Russian border. In addition to the RSX falling, U.S. markets are...
10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ, MSFT)
Good morning! Here’s what you need to know: Russian Sanctions. The Obama administration announced another round of sanctions on Russia in response to ongoing tensions on the Ukrainian border. “The sanctions are targeted at a series of large banks and energy and defense firms, marking a significant escalation in the U.S.’s...
Ukraine Accuses Russia Of Shooting Down Its Warplane
KIEV (Reuters) – A Russian jet shot down a Ukrainian SU-25 fighter plane that was on military operations over the east of Ukraine, where government forces are fighting to quell a pro-Russian separatist rebellion, a military spokesman said on Thursday. The plane was brought down on Wednesday night by a rocket strike and the pilot safely...
Russian Prime Minister Hints At Upping Defense Spending Amid ‘Evil’ US Sanctions
MOSCOW (Reuters) – Prime Minister Dmitry Medvedev suggested on Thursday Russia could increase defense spending in response to “evil” new Western sanctions over the Ukraine crisis. He said Russia would not be bowed by the sanctions announced by the United States and the European Union but told a government meeting such moves...
The 10 Most Important Things In The World Right Now
Good morning! Here’s what you need to know for Thursday. 1. President Barack Obama on Wednesday imposed the toughest sanctions on Russia so far, targeting a number of large banks and energy defense firms. The companies — including Russia’s largest oil producer Rosneft and largest private bank Gazprombank — don’t have...
Obama Just Summed Up The State Of The World In One Depressing Sentence
After President Barack Obama breathlessly addressed four different foreign-policy issues during a 10-minute statement, he summed up the state of a crisis-filled world in one sentence. “We live in a complex world and at a challenging time,” Obama said. Obama touched on the laundry list of global flashpoints situations during a...
Here’s Why Sanctions Don’t Work
As tensions between Russia and Ukraine continue to mount, President Obama just announced new sanctions on Russia. The sanctions are leveled against large banks, and energy and defense firms, like Gazprombank, Russia’s largest bank and Rosneft, the world’s largest oil company. Back in April, the U.S. has announced sanctions against...
Here Comes Obama’s Statement On Russian Sanctions…
President Barack Obama will make a statement at 5:15 p.m. ET Wednesday to formally announce new sanctions on Russia, the White House said. Obama’s statement will come from the Brady Briefing Room of the White House. The Obama administration leveled its most punitive sanctions yet against Russia and the government of President Vladimir Putin...
Obama Is Facing A Stifling Dilemma On Russian Sanctions
The Obama administration, frustrated with the lack of willingness from the European Union to implement new, harsh sanctions on Russia, reportedly is considering going it alone and implementing unilateral sanctions. But as border tensions build up again between Russia and Ukraine, President Barack Obama may find himself forced to choose between...
Scotland Will Be Banned From Europe For 5 Years If It Votes For Independence
If Scotland votes for independence in its referendum on Sept. 18, it will not be allowed to join the European Union for five years. New European Union chief Jean-Claude Juncker said last night that the EU needs to take a break from admitting new countries. “Under my presidency of the commission, ongoing negotiations will continue …...
