Economics,Politics

Economic meltdown scenario piles pressure on Russia and the west

24.07.2014 08:09
TheGuardian: Policymakers dread slump in Russia – from further sanctions by the west – would trigger another global economic meltdown Oil prices above $200 a barrel. Energy shortages in western Europe. The return of recession to the still-fragile global economy. A slump...

Bank of England holds interest rates amid concern for wage growth

24.07.2014 08:07
TheGuardian: Mark Carney says rates will need to rise as UK economy recovers, but monetary policy committee has no preset plan Bank of England policymakers are growing increasingly uneasy about the UK's record low interest rates – but signalled on Wednesday that the first rise...

Calls for Tory MP to stand down as trade envoy over Russian business links

24.07.2014 08:05
TheGuardian: Cameron's advisor Charles Hendry heads body promoting Russo-British trade as MPs urger stronger sanctions One of David Cameron's trade envoys and former ministers is facing calls to stand down over for his links to a pro-Russian business group. Charles Hendry, a Tory MP and...

Moscow scurries to deflect blame for Malaysia Airlines crash

24.07.2014 08:03
AsianReview: MOSCOW -- Russian leaders asserted Monday that responsibility for the downing of Malaysia Airlines Flight MH17 lies with Ukraine, seeking to refute charges that pro-Russian rebels are to blame for the crash that claimed nearly 300 lives.      International...

Taiwan: 48 dead in TransAsia Airways plane crash

24.07.2014 08:02
TheGuardian: Plane crashed during landing attempt on one of Penghu islands as typhoon Matmo hit region Forty-eight people are dead and 10 injured after their plane crashed while trying to land at a Taiwanese airport on Wednesday evening, hours after typhoon Matmo battered the...

Undercover police spied on grieving families of De Menezes, Groce and Reel

24.07.2014 08:01
TheGuardian: Scotland Yard claims relatives were not the target of surveillance but that 'inappropriate' information about them was gathered Undercover police gathered intelligence on grieving families who were battling the Metropolitan police for justice, including the relatives...

MH17: Dutch mayor wants Vladimir Putin's daughter Maria deported

24.07.2014 07:59
TheGuardian: Pieter Broertjes called for 29-year-old to be expelled from the Netherlands in wake of plane disaster but later apologised Dutch frustration with Russia in the wake of the MH17 crash is taking on an increasingly personal note, as some called for Vladimir Putin's...

UN issues Gaza war crimes warning as flights to Israel resume

24.07.2014 07:58
TheGuardian:US lifts airline ban, while human rights council in Geneva votes to investigate offensive and Hamas calls for humanitarian truce The UN has said Israel may have committed war crimes in its offensive against Hamas in Gaza, in which hundreds of Palestinian civilians have been killed in...

Killing Russian Journalists in Ukraine is Organized Effort – Willy Wimmer

24.07.2014 07:56
RIA: There is fear spreading through Europe of the specter of war, fuelled by aggressive war propaganda by the West in their attempt to demonize Russia. In Germany, for the first time, people do not trust their mass media. All over Europe appearing strange fascist parties. The blind drive by...

Putin Warns Against Attempts to Destabilize Russia From Within

24.07.2014 07:55
 (RIA Novosti) – Russian President Vladimir Putin said Tuesday that attempts were underway to make the country collapse from within, adding this wouldn’t work with Russians. “Naturally, such methods are futile in Russia,” the Russian leader said at a meeting of the Russian Security...

Snowden's New Anti-Surveillance Software 'Much Needed' - Internet Security Specialist

24.07.2014 07:54
(RIA Novosti) - The new anti-surveillance technologies recently called for by former National Security Agency contractor Edward Snowden is much needed to ensure individuals' privacy and protection from government, Yan Zhu, a San-Francisco based staff technologist at Electronic Frontier Foundation,...

Russian Progress M-24m Cargo Spacecraft Docks with ISS

24.07.2014 07:53
(RIA Novosti) - A Russian Progress M-24M cargo spacecraft, sent off into orbit from Baikonur space center early on Thursday, has successfully docked with the International Space Station (ISS), a representative of the mission control center in Russia told RIA Novosti. “Fortunately, no intervention...

Russian, Dutch Leaders Discuss Assistance in MH17 Crash Probe

24.07.2014 07:52
RIA: (RIA Novosti) — Russian President Vladimir Putin and Dutch Prime Minister Mark Rutte discussed in a telephone call on Wednesday possible assistance in the investigation of Malaysia Airlines flight MH17crash in Ukraine, the Kremlin said. “The sides continued the exchange of opinions...

Militia Says Downed 4 Ukraine Army Combat Jets in 2 Days

24.07.2014 07:51
(RIA Novosti) – The self-defense forces have shot down four Ukrainian military Su-25 combat jets in the last two days, officials from self-proclaimed Luhansk and Donetsk People’s Republics said Wednesday. “Two Su-25 jets were downed by MANPADS [man-portable air-defense systems] near [the...

Russian Oligarchs Moving Money Out of London Over Sanctions Threat

24.07.2014 07:50
MoscowNews: The threat of the West slapping tougher sanctions on Russia after the devastating Malaysia Airlines crash in eastern Ukraine has given London-based Russian oligarchs and firms the jitters, with both groups taking steps to avoid being caught...

EU Wants Ukraine's Money, Not Its War

24.07.2014 07:48
TheMoscowTimes: "East is East, and West is West, and never the twain shall meet." Rudyard Kipling's image of incompatible political cultures is a tempting description of the battered triangular relations between Russia, Ukraine and the European Union. These...

Ukrainian Politicians Brawl After Vote to Send Military Reserves East

24.07.2014 07:47
TheMoscowTimes: Nationalist and pro-Russian lawmakers brawled in Ukraine's parliament on Tuesday after the legislature narrowly approved a presidential decree to send more reserve soldiers to battle separatists near the Russian border. The brawl...

Putin Wants Measures to Protect BRICS Nations From U.S. Sanctions

24.07.2014 07:45
theMoscowTimes: Russia will press other BRICS emerging market nations to agree measures to prevent "sanction attacks" by the U.S. to "harass" countries opposing its policies, President Vladimir Putin said. In an interview published as a two-day BRICS summit got under way in Brazil on Tuesday,...

Draft EU Plan Seeks to Block Loans to Russia Through EBRD and EIB

24.07.2014 07:44
TheMoscowTimes: BRUSSELS — European Union leaders will work to block loans for new projects in Russia by two multilateral lenders and broaden the scope of other sanctions in response to Moscow's actions in Ukraine, according to a draft statement seen by Reuters on Wednesday. EU leaders, who...

As Crisis Deepens, EBRD Freezes New Investment in Russia

24.07.2014 07:42
TheMoscowNews: The European Bank of Reconstruction and Development, or EBRD, on Wednesday froze financing of new projects in Russia amid escalating international condemnation of Russia's alleged role in the downing of a passenger jet in eastern...

Ukraine Rebel Commander Acknowledges Fighters Had BUK Missile

24.07.2014 07:41
TheMoscowNews: A powerful Ukrainian rebel leader has confirmed that pro-Russian separatists had an anti-aircraft missile of the type Washington says was used to shoot down Malaysia Airlines flight MH17 and it could have originated in Russia. In an interview...

As U.S. strengthens, sluggish wages explain Fed's caution

24.07.2014 07:40
(Reuters) - The U.S. Federal Reserve's policy statement, unchanged for the last four months, will probably stay that way until at least September for one main reason: slow wage growth. Everything from job growth and inflation to manufacturing and retail sales are stronger now that U.S....

U.S. lifts ban on flights to Israel as Gaza toll tops 700

24.07.2014 07:38
(Reuters) - Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, while continued fighting pushed the Palestinian death toll over 700. A truce remained elusive despise intensive mediation...

NY Fed found serious problems at Deutsche Bank's U.S. arms: sources

24.07.2014 07:36
(Reuters) - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told Reuters. In a letter to the German lender's executives last...

U.S. lifts ban on flights to Israel as Gaza toll tops 700

24.07.2014 07:35
(Reuters) - Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, while continued fighting pushed the Palestinian death toll over 700. A truce remained elusive despise intensive mediation...

Sierra Leone's chief Ebola doctor contracts the virus

24.07.2014 07:33
(Reuters) - The head doctor fighting the deadly tropical virus Ebola in Sierra Leone has himself caught the disease, the government said. The 39-year-old Sheik Umar Khan, hailed as a "national hero" by the health ministry, was leading the fight to control an outbreak that has killed 206 people in...

Exclusive: Ukraine rebel commander acknowledges fighters had BUK missile

24.07.2014 07:31
(Reuters) - A powerful Ukrainian rebel leader has confirmed that pro-Russian separatists had an anti-aircraft missile of the type Washington says was used to shoot down Malaysia Airlines flight MH17 and it could have originated in Russia. In an interview with Reuters, Alexander...

Jobs Hold Sway Over Yellen-Carney as Central Banks Splinter

23.07.2014 14:30
Bloomberg: Before the Federal Reserve and fellow central banks go to work raising interest rates, they first need others to go to work. That’s the signal from policy makers worldwide, as even those whose mandates focus on inflation put the health of labor markets at the heart of their decision...

Poroshenko says he is against martial law in Ukraine

23.07.2014 07:56
ItarTass: "Calling on the authorities to impose a state of martial law Ukrainian lawmakers must be aware of the consequences of such step," he said /ITAR-TASS/. Ukraine’s President Pyotr Poroshenko said on Tuesday he was against imposing martial law in the country. “Calling on the authorities...

Russian EU ambassador: EU failing to run off sanction track

23.07.2014 07:54
ItarTass: “The resolution they passed is intermediate. Let us wait and see what the European Commission’s services and the European foreign policy office produce on Thursday, July 24,” he said  /ITAR-TASS/. The European Union has failed to run off the sanction track, although it is...
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