Search Results for: Ukraine
Russia’s Rosneft takes EU to court over sanctions
October 20th, 2014
Russian oil giant Rosneft and a close associate of President Vladimir Putin are fighting the EU in court over sanctions imposed on some of Russia’s biggest companies, an official website indicated Friday. A Russian billionaire, Arkady Rotenberg, who is ...
The future of the Shanghai Cooperation Organisation
October 17th, 2014
China recently reaffirmed that it backs India and Pakistan becoming members of the Shanghai Cooperation Organisation (SCO). At the 14th meeting of the Council of Heads of States of SCO on 12 September, Chinese President Xi Jinping called for ...
Fears that Pimco and other Big Firms being unable to unload risky bonds
October 17th, 2014
Financial experts warn that a small group of giant asset managers that have amassed high-risk, high-yield bonds could find themselves unable to raise enough cash during a sell-off. When it comes to high-risk bonds, the asset management giant Pimco ...
Merkel urges EU to keep up reforms as crisis not over
October 16th, 2014
German Chancellor Angela Merkel told parliament on Thursday that Europe must push ahead with efforts to cut public deficits and improve competitiveness because the euro zone debt crisis has not yet been overcome and its causes have not been ...
Central bankers may have no quick fix as markets swoon, economy weakens
October 16th, 2014
Global central bankers, eager to see the economy stand on its own feet, faced the rude reality this week of market turmoil threatening already faltering growth and prolonging world reliance on easy money. Stocks slumped again on Wednesday pushing ...
Obama Had Security Fears on JPMorgan Data Breach
October 9th, 2014
President Obama and his top national security advisers began receiving periodic briefings on the huge cyberattack at JPMorgan Chase and other financial institutions this summer, part of a new effort to keep security officials as updated on major cyberattacks ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
Western sanctions against Russia cut Europe’s throat
October 8th, 2014
Sanctions against Russia have not led to the isolation of the country, even if the West tried to alienate Russia from western markets of capital and technologies. Instead, the sanctions strengthened the ties between Russia and China. Russia will ...
Central Asia Rues Dependency On Russian Fuel
October 7th, 2014
Weak links in Russia’s petroleum-refinery network and the Kremlin’s power play in Ukraine are shortchanging Central Asian petrol markets, importers complain. With alternatives expensive or unfeasible, and regional refining capacity severely limited, local energy executives are ruing Moscow’s traditional ...
