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Section: Asia

    Obama backs bill imposing new sanctions on Russia
    Dec17

    Obama backs bill imposing new sanctions on Russia

    President Barack Obama will sign legislation imposing new economic sanctions on Russia, the White House said Tuesday, as the U.S. claimed some credit for sparking Moscow’s roiling currency crisis and moved to deepen the pain.Still, White House officials acknowledged there were no guarantees Russia’s economic woes and another round of...

    Russia’s sinking economy becoming a global threat
    Dec17

    Russia’s sinking economy becoming a global threat

    Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy.With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shriveled currency, its move to dramatically boost interest rates, the damage from plummeting oil...

    Obama to sign Russia sanctions bill, White House says
    Dec17

    Obama to sign Russia sanctions bill, White House says

    U.S. President Barack Obama intends to sign into law a bill that will ratchet up sanctions on Russia and provide additional assistance to Ukraine, the White House said on Tuesday. …read more Source: China Internet Information...

    Ruble collapse shakes Russian economy, consumers
    Dec17

    Ruble collapse shakes Russian economy, consumers

    Russian President Vladimir Putin faces a major new challenge after a catastrophic fall in the value of the ruble, which hit a new low Tuesday despite the Central Bank’s desperate efforts to halt the selling.On the streets of Moscow, panicky consumers rushed out to buy home appliances before they became even more expensive.Putin’s...

    Ukraine slams Russia over Crimea nuclear weapons comment
    Dec17

    Ukraine slams Russia over Crimea nuclear weapons comment

    Russia would violate international agreements if it placed nuclear weapons in Crimea, which it annexed from Ukraine, Ukrainian Prime Minister Arseny Yatseniuk said on Tuesday. Russian Foreign Minister Sergei Lavrov appeared to reserve the right for Russia to put nuclear weapons in Crimea in comments to Russia’s Interfax news agency on...

    EU to 'ban investment in Crimea'
    Dec17

    EU to 'ban investment in Crimea'

    [BRUSSELS] The European Union is to ban all investment in Crimea, annexed by Russia in March, to keep up the pressure on Moscow and show that the issue is not being forgotten, EU diplomatic sources said Tuesday. …read more Source: The Business...

    World › Russia says arms for Kiev won’t help solve Ukraine crisis
    Dec17

    World › Russia says arms for Kiev won’t help solve Ukraine crisis

    A deputy Russian foreign minister declared on Tuesday that supplying weapons to Kiev would not help solve a crisis in east Ukraine, after the White House said U.S. President Barack Obama would sign corresponding legislation this week. Russia and the West are at loggerheads over the conflict in east Ukraine… …read more Source: Japan...

    Russia says arms for Kiev won't help solve Ukraine crisis – RIA
    Dec17

    Russia says arms for Kiev won't help solve Ukraine crisis – RIA

    MOSCOW (Reuters) – A deputy Russian foreign minister declared on Tuesday that supplying weapons to Kiev would not help solve a crisis in east Ukraine, after the White House said U.S. President Barack Obama would sign corresponding legislation this week. …read more Source: The...

    European Union to ‘Ban Investment in Crimea’
    Dec16

    European Union to ‘Ban Investment in Crimea’

    The European Union is to ban all investment in Crimea, annexed by Russia in March, to keep up the pressure on Moscow and show that the issue is not being forgotten, EU diplomatic sources said Tuesday. …read more Source:...

    Sanctions Depend on Vladimir Putin’s Choices in Ukraine: John Kerry
    Dec16

    Sanctions Depend on Vladimir Putin’s Choices in Ukraine: John Kerry

    US and European sanctions against Russia could be lifted within days if President Vladimir Putin made the right choices in Ukraine, top US diplomat John Kerry said Tuesday. …read more Source:...

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