: :inin Kyiv (EET)

Section: US & Canada

    Russia’s Economy Begins Shrinking
    Dec29

    Russia’s Economy Begins Shrinking

    Russia’s battered currency fell sharply on Monday after a government report showed the economy shrank in November, and predicted a four percent decline next year. At one point Monday, the Russian ruble was off six percent, trading around 56 to the dollar. It is the first time the economy has declined since 2009, and follows sharply falling...

    It’s Rare For Planes To Crash When AirAsia’s Did
    Dec29

    It’s Rare For Planes To Crash When AirAsia’s Did

    AirAsia Flight QZ8501 disappeared about 45 minutes after takeoff. Malyasia Arlines MH370, which vanished without a trace earlier this year, also went down well after it had left the runway and entered the “cruise” phase of flight. Another Malaysia Arlines flight, MH17, was lost over Ukraine in July, presumable shot down by a missile....

    Analysts Say Ukraine’s Challenges Are Also Russia’s
    Dec29

    Analysts Say Ukraine’s Challenges Are Also Russia’s

    Ukraine’s pro-European revolution succeeded this year in replacing its Russia-leaning president with leaders favoring European integration. But the Kremlin’s annexation of Crimea, and support for pro-Russia rebels in east Ukraine has many worried the country will remain unstable or conditions will deteriorate into all-out war....

    Missing AirAsia flight couldn’t get OK to change path
    Dec29

    Missing AirAsia flight couldn’t get OK to change path

    Relatives of the passengers of AirAsia flight QZ8501 comfort each other at Juanda International Airport in Surabaya, East Java, Indonesia, Sunday, Dec. 28, 2014. The AirAsia plane with 162 people on board lost contact with ground control on Sunday while flying over the Java Sea after taking off from a provincial city in Indonesia for Singapore,...

    Ukrainian President Signs Law Allowing NATO Membership Bid
    Dec29

    Ukrainian President Signs Law Allowing NATO Membership Bid

    President Petro Poroshenko has signed a law abandoning Ukraine’s neutral “non-bloc” status, and said Ukrainians will decide whether the country should seek NATO membership once it meets the standards of the Western military alliance. …read more Source: Radio Free Europe / Radio...

    OBAMA: Putin’s No Genius
    Dec29

    OBAMA: Putin’s No Genius

    President Barack Obama is not impressed with his Russian counterpart in the aftermath of recent events. In a new NPR interview published Monday morning, Obama dismissed those who hailed Vladimir Putin as a crafty world player when Russia annexed Crimea from Ukraine. “Three or four months ago, everybody in Washington was convinced that...

    Ukraine’s Poroshenko to Meet With Putin, Merkel, Hollande
    Dec29

    Ukraine’s Poroshenko to Meet With Putin, Merkel, Hollande

    Ukraine’s president, Petro Poroshenko, said on Monday he intends to meet January 15 with Russian President Vladimir Putin, German Chancellor Angela Merkel and French President Francois Hollande. The meeting, part of efforts to seek a negotiated end to the conflict in Ukraine’s east, would take place in Kazakhstan’s capital,...

    Ukraine drops nonaligned status
    Dec29

    Ukraine drops nonaligned status

    The Ukrainian president has signed a bill dropping his country’s nonaligned status but signaled that he will hold a referendum before seeking NATO membership.Click to Continue » …read more Source: The Bellingham...

    Ukraine drops nonaligned status, won’t join NATO yet
    Dec29

    Ukraine drops nonaligned status, won’t join NATO yet

    KIEV, Ukraine – The Ukrainian president on Monday signed a bill dropping his country’s nonaligned status but signalled that he will hold a referendum before seeking NATO membership. The bill, which Parliament adopted last week and Petro Poroshenko signed into the law at a news conference on Monday, has angered Moscow which called it a...

    Ruble Drops 7 Percent As Russian Economy Shrinks
    Dec29

    Ruble Drops 7 Percent As Russian Economy Shrinks

    MOSCOW (AP) — The Russian currency extended its losses on Monday after a report showed the economy has started shrinking in annual terms for the first time since 2009 as the country is buffeted by falling oil prices and Western sanctions. Meanwhile, the government, which has been scrambling to support the ruble and the economy, announced fresh...