Economics,Politics
Kiev forces attack city of Donetsk, civilian casualties reported
21.07.2014 20:58
RT: A heavy firefight is underway in a section of the city of Donetsk, with cannonade heard downtown. Self-defense forces report pro-Kiev armored vehicles and infantry trying to cut through defenses next to the central railway terminal.
Ukrainian troops equipped with tanks and armored vehicles...
Ukrainian Su-25 fighter detected in close approach to MH17 before crash - Moscow
21.07.2014 20:55
RT: The Russian military detected a Ukrainian SU-25 fighter jet gaining height towards the MH17 Boeing on the day of the catastrophe. Kiev must explain why the military jet was tracking the passenger airplane, the Russian Defense Ministry said.
“A Ukraine Air Force military jet was detected...
Moscow to Back UN Resolution Aimed at Unbiased Boeing Crash Probe in Ukraine
21.07.2014 20:54
RiaNovosti: (RIA Novosti) – Russia will support the UN Security Council resolution if it calls for unbiased investigation into the crash of Malaysia Airlines jet in eastern Ukraine, Russia’s envoy to the UN Vitaly Churkin said.
"We have been engaged very actively today with...
Russian Military Says Detected Ukrainian Su-25 Fighter Plane Close to MH17 Before Crash
21.07.2014 20:53
RiaNovosti: (RIA Novosti) - An Ukrainian combat jet was detected in close approach to the Malaysian passenger plane shortly before it crashed in eastern Ukraine killing all 298 peopleon board, the Russian military said Monday.
“An altitude gain was detected for a Ukrainian combat...
Ukrainian Army Buk Missile Likely Downed Malaysian Plane - Source
21.07.2014 20:52
RiaNovosti: (RIA Novosti) - A Ukrainian army battalion of Buk air defense systems was deployed near the city of Donetsk a day before the crash of a Malaysian passenger plane on Thursday, making the downing of the aircraft by one of the missiles highly probable, an expert source...
Up to 30 of Ukraine's Special Forces Feared Dead in Militia Attack – Donetsk Republic
21.07.2014 20:51
RiaNovosti: (RIA Novosti) - Independence supporters shelled a convoy of Ukrainian special forces vehicles near Zelenopolye village in Luhansk region, and up to 30 military officers are feared dead, a representative from the headquarters of the Donetsk People's Republic told RIA Novosti on...
Putin Clearly Sees, Cold-Bloodedly Counts All Moves of the West - Expert
21.07.2014 20:49
RiaNovosti: Robert Oulds, Director of the Bruges Group, an independent all-party think tank, told Radio VR that President Putin spoke about how he wanted to be engaging with the rest of the world, but pointed out that the US, supported by the European Union, is still following the containment...
Donetsk Militia Agrees on Ceasefire in 25-Mile Zone Around MH17 Crash Site
21.07.2014 20:48
RiaNovosti:(RIA Novosti) - The Donetsk People's Republic in eastern Ukraine agreed on Monday to declare a ceasefire in clashes with pro-Kiev forces in the radius of 40 kilometers (25 miles) around the crash site of the Malaysia Airlines Flight MH17, according to a leader of the self-proclaimed...
Ukraine Willing to Hand Over MH17 Crash Evidence to International Investigators
21.07.2014 20:46
RiaNovosti: (RIA Novosti) – Ukrainian special services are ready to provide all data concerning last week’s airliner crash in eastern Ukraine to an international commission investigating the tragedy, the Ukrainian president’s press service said Monday.
“The special services of Ukraine are...
Fed’s Junk Loan Bubble Busting Seen Failing as Sales Jump
21.07.2014 14:54
Bloomberg: One of the Federal Reserve’s first post-crisis tests of its ability to quash excessive risk-taking using regulatory tools is so far looking like a failure.
The Fed’s Board of Governors told Congress last week that it’s engaged in “strong supervisory follow-up” to guidance given to...
Share Your Saga of Financial Frustration With All of America
21.07.2014 14:53
Bloomberg: Pull up a chair to hear about the time I tried to correct my credit report. Or would you rather learn about my late-night conversations with confused debt collectors? Oh wait, there’s a hilarious one about a bank losing a big mortgage check.
Not interested? Fine. The Consumer...
Europe Stocks Fall With Russia, Commodites; Bonds Advance
21.07.2014 14:52
Bloomberg: European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Spanish and Italian bonds rose.
The Stoxx...
Most Danish Banks Have Yet to Return to Debt Markets
21.07.2014 14:51
Bloomberg: More than half a decade after Denmark’s financial crisis left most of its banks shut out of debt funding markets, the lenders still aren’t selling bonds.
Jan Kondrup, director of Denmark’s Association of Local Banks, says most of the group’s 70 members are meeting their capital...
Barclays Dark Pool Volume Fell 66% Week After Lawsuit
21.07.2014 14:47
Bloomberg: Barclays Plc (BARC) saw the number of U.S. shares traded in its dark pool decline for a second week after it was sued byNew York for allegedly lying to customers.
About 66 million U.S. shares were traded in the dark pool in the week of June 30, down 66 percent from about...
Yellen Wage Gauges Blurred by Boomer-Millennial Workforce Shift
21.07.2014 14:46
Bloomberg: Federal Reserve Chair Janet Yellen’s focus on wages to help gauge the strength of the job market could need fine tuning as baby boomers approach the twilight of their careers and millennials jump in to fill the void.
As today’s middle-aged Americans grow older, they are leaving...
Levine on Wall Street: Coin Flips and Dark Pools
21.07.2014 14:45
Bloomberg: Take 2,862 mutual funds. Choose one quarter of them randomly (double coin flip, say) and call them winners. Then do that again, and see how many funds are two-time winners. Then do it three more times. Now you will have a group of five-time winners, who made it through five unbiased...
Putin Says MH17 Crash Shouldn’t Be Used to Push Politics
21.07.2014 14:43
Bloomberg: President Vladimir Putin defied international anger over Russia’s alleged role in the shooting down of a Malaysian jetliner as the U.S. and Europe threaten further sanctions against his increasingly isolated country.
As leaders...
Russian Billionaires in ‘Horror’ as Putin Risks Isolation
21.07.2014 14:42
Bloomberg: Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said.
If Putin doesn’t move to end the war in Ukraine in the...
Kerry to visit Egypt for meetings on Gaza situation
21.07.2014 14:40
(Reuters) - U.S. Secretary of State John Kerry will travel to Cairo on Monday for meetings with Egyptian and other senior officials on the situation in Gaza where fighting between Israeland the Islamist Hamas group has cost more than 400 lives, the State Department said on Sunday.
"The United...
CBS Outdoor buys Van Wagner billboard unit for $690 million
21.07.2014 14:39
(Reuters) - CBS Outdoor Americas Inc said Monday it would buy the billboard business from Van Wagner Communications, a privately held company with outdoor advertising in New York's Times Square and on buses on the Las Vegas strip, for $690 million in cash.
The deal includes about 1,100...
Will economy's fate be set by next two weeks' earnings?
21.07.2014 14:38
(Reuters) - A long hoped for improvement in the economy appears to be manifesting itself in second-quarter U.S. earnings, but the next two weeks could be the real test.
Companies such as General Electric Co (GE.N) and Intel Corp (INTC.O) have reported solid results. In addition,...
A Fox-Time Warner deal would give Murdoch new heft in China
21.07.2014 14:37
(Reuters) - Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack.
Time Warner's board rejected Murdoch's $80 billion offer, but the Fox chairman is...
Russia's Putin discusses Malaysian plane crash with Obama: Kremlin
21.07.2014 14:31
(Reuters) - Russian President Vladimir Putin in a telephone conversation told U.S. President Barack Obama that a Malaysian airplane crashed on Ukrainian territory, the Kremlin said on Thursday.
The two leaders held a pre-planned call on the situation in Ukraine during which...
Exclusive: U.N. Security Council to vote Monday on Ukraine resolution
21.07.2014 14:30
(Reuters) - The U.N. Security Council is due to vote Monday on a resolution that would condemn the downing of a Malaysian passenger plane in Ukraine and demands that those responsible be held accountable and that armed groups don't compromise the crash site...
Emirates calls for airlines summit on 'outrageous' MH17 attack
21.07.2014 14:29
(Reuters) - The head of one of the world's largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner, including a potential rethink of the threats posed by regional conflicts.
Tim Clark, president of Dubai's Emirates,...
Fighting flares in Ukraine as crash investigators arrive
21.07.2014 14:27
(Reuters) - Fighting flared in the eastern Ukrainian city of Donetsk on Monday as investigators began to inspect the bodies of victims of the downing of Malaysia Airlines flight MH17 last week.
The fighting in Donetsk served as a reminder of the dangers the experts face working in a war...
Trading firms raised early concerns about Barclays' dark pool: WSJ
21.07.2014 14:26
(Reuters) - Trading firms and employees raised concerns about high-speed traders at Barclays Plc's "dark pool" months before the United States accused the bank of favoring its high-frequency trading clients, the Wall Street Journal reported, citing people familiar with the firms.
New York Attorney...
Ukraine nerves send European shares lower
21.07.2014 14:25
(Reuters) - European stock markets lost more ground on Monday, with optimism over U.S. corporate results drowned out by concern over the situation in Ukraine and the potential for growth-sapping sanctions.
A step-up in U.S. and British rhetoric over Russia's role in Ukraine after last...
Israeli soldier posts Instagram image of Palestinian child in crosshairs of rifle
21.07.2014 14:23
TheGuardian: Military investigates Mor Ostrovski, 20, as row grows over spate of offensive images posted online by Israeli soldiers
An Israeli soldier has sparked outrage by posting a photograph appearing to show the back of a Palestinian boy's head in the crosshairs of his sniper rifle on a...
Gaza crisis: Barack Obama and UN call for immediate ceasefire
21.07.2014 14:20
TheGuardian:
Israel launches fresh air strikes after bloodiest day
UN security council holds emergency meeting
John Kerry flies to Cairo to seek peace formula
Growing humanitarian crisis as power and water affected
US President Barack Obama has called for an "immediate ceasefire"...