: :inin Kyiv (EET)

Section: Africa

    Russian ruble extends record slide
    Nov28

    Russian ruble extends record slide

    The ruble lost another 1.5 percent of its value as it extended a record slide after the OPEC oil cartel’s decision to leave its output ceiling unchanged. ||| Moscow – The ruble lost another 1.5 percent of its value on Friday morning as it extended a record slide after the OPEC oil cartel’s decision to leave its output ceiling...

    Economic sanctions on Russia also punish the European Union
    Nov28

    Economic sanctions on Russia also punish the European Union

    Exports from the continent have dropped and increased red tape is holding up trade, giving rival nations a foothold, writes Robin Emmott …read more Source: Business...

    Ukraine’s lawmakers read oath in unison
    Nov27

    Ukraine’s lawmakers read oath in unison

    Kiev’s MPs face the mammoth task of dragging Ukraine back from the brink of collapse. ||| Kiev – Ukraine’s Parliament on Thursday held its first sitting since pro-Western parties won a crushing poll victory, with lawmakers facing a mammoth task to drag the war-wracked nation back from the brink of collapse.Deputies in the...

    NATO ‘concerned’ by Crimean build-up
    Nov26

    NATO ‘concerned’ by Crimean build-up

    NATO has expressed concern over Russia’s “militarisation” of the Crimea region, annexed by Moscow earlier this year. …read more Source:...

    Europe feels sting of Russia sanctions
    Nov26

    Europe feels sting of Russia sanctions

    “The impact on business couldn’t be clearer. Fewer stands, fewer companies.” ||| Brussels – At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago. “The...

    Rebels urge UN to send peacekeepers into east Ukraine
    Nov25

    Rebels urge UN to send peacekeepers into east Ukraine

    Pro-Russian rebels in eastern Ukraine called on Tuesday (25/11/2014) for an emergency UN Security Council session that could authorise sending international peacekeepers into the war zone. The leadership of the self-proclaimed Donetsk People’s Republic said in a statement it was seeking “the intervention of a peacekeeping force that...

    Huge Moscow mall opens as recession looms
    Nov25

    Huge Moscow mall opens as recession looms

    The opening in Moscow of Europe’s biggest shopping mall comes at an inopportune moment for investors backing the project. ||| Bloomberg MoscowTHE opening in Moscow of Europe’s biggest shopping mall comes at an inopportune moment for investors backing the project.The Aviapark mall opens its doors on Friday, just as Russia is headed...

    Sanctions, cheaper oil cost Russia
    Nov25

    Sanctions, cheaper oil cost Russia

    Lower oil prices and Western financial sanctions imposed over the Ukraine crisis would cost Russia around $130 billion (R1 trillion) to $140bn a year – equivalent to about 7 percent of its economy – Finance Minister Anton Siluanov said yesterday. ||| Reuters MoscowLOWER oil prices and Western financial sanctions imposed over the Ukraine crisis...

    Russian airlines face deeper losses
    Nov24

    Russian airlines face deeper losses

    Russian airlines are facing a drop in passenger numbers because of the Ukraine crisis, prompting some analysts to expect fleet reductions. …read more Source:...

    Russia puts losses at R1.5 trillion
    Nov24

    Russia puts losses at R1.5 trillion

    Lower oil prices and Western sanctions will cost Russia around $130-140 billion (R1.5 trillion) a year. ||| Moscow – Lower oil prices and Western financial sanctions imposed over the Ukraine crisis will cost Russia around $130-140 billion (R1.5 trillion) a year – equivalent to around 7 percent of its economy – Finance Minister...

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