Section: USA
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- WORLD (USA) (1)
- World Tribune (USA) (82)
Some Russians Are Freaking Out As Their Mortgages Soar
ST. PETERSBURG, Russia (AP) — When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments — even by working longer hours and a second...
Russian Roulette and the Monetary Policy Bullet
The mess in Russia — including a falling ruble, de facto currency controls, economic contraction, and bank bailouts — is as much about problems specific to Russia as it is about the slowdown in China, the strong dollar, and monetary policy divergence globally. But this has to be worrying for investors looking at emerging markets. In truth, the...
What’s the weirdest thing about leaving a Russian jail after a year? The price of milk.
MOSCOW — The Russian ruble is slumping again, all but erasing gains made through extraordinary spending measures in late December and reminding the country that hard times are likely to continue into the new year. Chapter and verse have been written about how historically low oil prices, coupled with economic sanctions over Ukraine, have created...
Despite Pressure, EU’s Sanctions Against Russia Could Last
PARIS—EU sanctions against Russia over the crisis in Ukraine are cutting both ways: hurting Russia as well as pinching some big European companies. But economic relief isn’t likely any time soon, diplomats and analysts say, since EU divisions make the sanctions tough to overturn. France, Germany, Russia and Ukraine are trying to set up...
For Some Russians, Mortgage Costs Soaring Due to Ruble Slide
ST. PETERSBURG, Russia—When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments — even by working longer hours and a second job....
Price fall to push oil industry into sharp recession
New York (AFP) – The oil price plunge will force energy companies will slash capital spending in North America, Europe and Asia in 2015, investment bank Evercore IS said Tuesday.But investment will continue to rise in Africa and the Middle East as producers in those areas seek to boost long-term output in the flooded global oil...
The Tea Party Comes to Moscow
A year ago, well before U.S.-Russia relations began their precipitous unraveling, conservative pundit Pat Buchanan set right-wing circles in the United States abuzz by suggesting that Russian President Vladimir Putin is “one of us” — a paleoconservative defender of traditional Christian values and a foe to “homosexual marriage, pornography,...
War Reporter Explains How Ukraine Became A ‘Post-Apocalyptic’ Nightmare
A journalist who spent nearly two years in eastern Ukraine before the war hit has written for Mashable about the stark differences he noticed when he returned to report on the conflict-ridden area. Christopher Miller wrote about how he arrived in Artemivsk in 2010 as a Peace Corps volunteer and met many welcoming, hospitable people who were...
Bus crash kills 12 Ukrainian servicemen and injures 21 on snowy road in conflict zone
A bus carrying Ukrainian servicemen collided with two heavy trucks on a snowy road, killing 12 of them and injuring 21, the Interior Ministry said Tuesday. …read more Source: FOX...
Ukraine sends additional equipment to front lines
Ed AdamczykKIEV, Ukraine, Jan. 6 (UPI) — While peace talks continue, Ukraine has reinforced its front lines of combat with new aircraft, heavy weapons and other equipment. …read more Source: United Press...



