: :inin Kyiv (EET)

Section: US & Canada

    HMCS Fredericton arrives in Portugal, HMCS Toronto to be back in Canada in late January
    Jan07

    HMCS Fredericton arrives in Portugal, HMCS Toronto to be back in Canada in late January

    The Royal Canadian Navy frigate HMCS Fredericton arrived Tuesday in Lisbon, Portugal to join Standing NATO Maritime Forces as part of Operation REASSURANCE, according to the Department of National Defence. Op REASSURANCE is Canada’s contribution to NATO-led assurance measures under way because of Russian actions in the Crimea. More details...

    Looking Backward, Looking Forward: 2014 – 2015
    Jan07

    Looking Backward, Looking Forward: 2014 – 2015

    Image by Jpatokal Introduction The balance sheet for 2014 and the prospects for 2015 provide us with a complex panorama of negative and positive outcomes. In most cases the advances, are not earth-shattering but open possibilities for further progress. The negative developments, however, have greater and more threatening systemic outcomes. We...

    The Credibility Addiction
    Jan07

    The Credibility Addiction

    Does U.S. credibility matter? If so, how much? Is it more important for other states to have high confidence that the United States will fulfill its overseas commitments, even when doing so might be expensive and not necessarily in America’s best interest? Alternatively, is it better if other states have high confidence in America’s...

    Orthodox Christian World Celebrates Christmas
    Jan07

    Orthodox Christian World Celebrates Christmas

    Worshippers across the Orthodox Christian world have begun Christmas celebrations, with clergy in Bethlehem, Cairo, Moscow, Kyiv and other Eastern Christian communities commemorating the biblical birth of Jesus. In Bethlehem, which braced for a rare snowstorm, Syria’s Orthodox archbishop joined his Greek and Coptic Orthodox counterparts for...

    Some Russians Are Freaking Out As Their Mortgages Soar
    Jan07

    Some Russians Are Freaking Out As Their Mortgages Soar

    ST. PETERSBURG, Russia (AP) — When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments — even by working longer hours and a second...

    Russian Roulette and the Monetary Policy Bullet
    Jan07

    Russian Roulette and the Monetary Policy Bullet

    The mess in Russia — including a falling ruble, de facto currency controls, economic contraction, and bank bailouts — is as much about problems specific to Russia as it is about the slowdown in China, the strong dollar, and monetary policy divergence globally. But this has to be worrying for investors looking at emerging markets. In truth, the...

    What’s the weirdest thing about leaving a Russian jail after a year? The price of milk.
    Jan07

    What’s the weirdest thing about leaving a Russian jail after a year? The price of milk.

    MOSCOW — The Russian ruble is slumping again, all but erasing gains made through extraordinary spending measures in late December and reminding the country that hard times are likely to continue into the new year. Chapter and verse have been written about how historically low oil prices, coupled with economic sanctions over Ukraine, have created...

    Despite Pressure, EU’s Sanctions Against Russia Could Last
    Jan06

    Despite Pressure, EU’s Sanctions Against Russia Could Last

    PARIS—EU sanctions against Russia over the crisis in Ukraine are cutting both ways: hurting Russia as well as pinching some big European companies. But economic relief isn’t likely any time soon, diplomats and analysts say, since EU divisions make the sanctions tough to overturn. France, Germany, Russia and Ukraine are trying to set up...

    For Some Russians, Mortgage Costs Soaring Due to Ruble Slide
    Jan06

    For Some Russians, Mortgage Costs Soaring Due to Ruble Slide

    ST. PETERSBURG, Russia—When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments — even by working longer hours and a second job....

    Price fall to push oil industry into sharp recession
    Jan06

    Price fall to push oil industry into sharp recession

    New York (AFP) – The oil price plunge will force energy companies will slash capital spending in North America, Europe and Asia in 2015, investment bank Evercore IS said Tuesday.But investment will continue to rise in Africa and the Middle East as producers in those areas seek to boost long-term output in the flooded global oil...