Search Results for: Rouble
What now for Putin after EU tightens Russia sanctions?
December 22nd, 2014
The pressure on the rouble has eased a bit, so the Russian president will just keep on sticking two fingers up until something gives. There is no sign of a détente in the new Cold War between Russia and ...
IMF holds back Cyprus bailout funds
December 19th, 2014
International Monetary Fund says expected tranche of €88m will not be paid after parliament suspended new foreclosure law The International Monetary Fund has said it will not release a further €88m (£69m/US$108m) in bailout money for Cyprus on Friday ...
Russia’s economic crisis: five key charts
December 18th, 2014
Russia and its president, Vladimir Putin, have been left out in the economic wilderness as sanctions imposed by the west, a tanking oil price, and plunging rouble take their toll. Here are five key charts. Growth in Russia is ...
A Full-Blown Economic Crisis Has Erupted In Russia
December 17th, 2014
The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
Tuesday December 16: OSB Daily Technical Analysis – Currency pairs
December 16th, 2014
OSB Daily Technical Analysis for December 16, 2014 EURUSD attempt to rally ran into resistance at 1.2485 area. Clearance of this level extends to 1.25 handle. On the downside support 1.2410-25 just beneath the 20 DMA appers to be ...
Crashing crude may blow a $1.6 trillion hole in the global oil sector, annually
December 15th, 2014
Talk about an oil spill. The spectacular unhinging of crude oil prices over the past six months is weighing mightily on the U.S. stock market. And while it may be too early to abandon all hope that the market ...
Melbourne lawyer jailed for 12 years for $12m Ponzi fraud
December 10th, 2014
‘Many of your victims trusted you because you were a family member or friend, you exploited their trust for your own personal gain,’ judge tells Philip Linacre A Melbourne lawyer who stole from grieving widows, a famous musician and ...
Israel nature reserve oil spill ‘one of country’s worst environmental disasters’
December 4th, 2014
Millions of litres of oil gushing out of a breached pipeline flooded a desert nature reserve in Israel overnight, causing one of the country’s worst environmental disasters, officials and media said. Three people were hospitalised after inhaling fumes released by an ...
Sony Pictures struggles to recover eight days after cyber attack
December 3rd, 2014
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit. Some employees at the Sony Corp ...
