: :inin Kyiv (EET)

Section: US & Canada

    Russia’s Rich Gets Richer—in Dollars—as Ruble Plunges
    Dec22

    Russia’s Rich Gets Richer—in Dollars—as Ruble Plunges

    It would seem to be a stressful holiday season for Russia’s ultra-wealthy elite, the gilded class of post-Communist billionaires with a taste for costly things and close ties to Russian President Vladimir Putin. The secretive group, known popularly as the oligarchs, for their control over Russia’s oil, metals, banking, gas,...

    Fisher: No easy solution for Vladimir Putin and Russia
    Dec22

    Fisher: No easy solution for Vladimir Putin and Russia

    As economic gloom settles over Moscow, parts of the Russian capital have become Potemkin villages. The most splendid of these still prosperous looking facades is Moscow City, a shiny $14 billion forest of glass and steel skyscrapers that includes four of Europe’s five tallest buildings with the tallest building of all still under...

    Russia bails out bank following ruble slide
    Dec22

    Russia bails out bank following ruble slide

    MOSCOW (AP) — Russia has bailed out a mid-sized bank for about $500 million to save it from bankruptcy— a clear sign that the slide in the value of the ruble in the wake of falling oil prices is straining the banking system. The problems afflicting Trust Bank follow a tumultuous period for the ruble, which this year has shared the title of the...

    Russia’s deputy economy minister talks up ruble as central bank bails out a bank
    Dec22

    Russia’s deputy economy minister talks up ruble as central bank bails out a bank

    MOSCOW (AP) — The slide in the value of Russia’s ruble is straining that country’s banking system. Russia’s Central Bank says it has bailed out a mid-sized bank, at a cost of about $500 million, in order to save it from bankruptcy. It will also place Trust Bank under its supervision until it finds an investor. The bank’s...

    Turkey-based AFP photographer wins Time laurel
    Dec22

    Turkey-based AFP photographer wins Time laurel

    Washington (AFP) – Time magazine named AFP’s Bulent Kilic as its Best Wire Photographer for 2014 on Monday for his powerful images from the Syrian border, Ukraine and his native Turkey.He is the third Agence France-Presse photographer to win the Time laurel for excellence in news wire images, established in 2010.Kilic, 35,...

    ‘Ebola Fears’ And Other Things Economists Are Saying To Explain The Plunge In US Home Sales
    Dec22

    ‘Ebola Fears’ And Other Things Economists Are Saying To Explain The Plunge In US Home Sales

    Existing home sales plunged in November. According to the NAR, the pace of sales fell by 6.1%, to an annualized rate of 4.93 million units. Wall Street had been expecting sales to fall 1.1% to 5.20 million units. Today’s numbers showed the largest drop since July 2010. Economists had a mix of reactions to the data: Bank of...

    Ex-minister Kudrin Warns of ‘Full-fledged Crisis’ in Russia
    Dec22

    Ex-minister Kudrin Warns of ‘Full-fledged Crisis’ in Russia

    Russia’s government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy. As he spoke, President Vladimir Putin prepared to hold emergency talks with Western leaders to try to...

    Chris Christie Doing 2016 Foreign Policy Homework
    Dec22

    Chris Christie Doing 2016 Foreign Policy Homework

    NEWARK, N.J. (AP) — It’s after 9 p.m. on a Sunday night in late November and New Jersey Gov. Chris Christie is deep into a conference call, talking about nuclear weapons and Iran.One voice is advocating a hard line, arguing against allowing Iran any capability to enrich uranium. Another summarizes the status of current negotiations and...

    Ukraine’s Year Of Turmoil Through The Lens Of Levko Stek
    Dec22

    Ukraine’s Year Of Turmoil Through The Lens Of Levko Stek

    It has been the most tumultuous year in Ukraine’s history since World War Two, and Levko Stek of RFE/RL’s Ukrainian service has followed it with his camera every step of the way. From the squares of Kyiv, to the seizing of Crimea, and the war that followed in Donbas, Levko looks back on a year that saw a president ousted,...

    Reinventing the Left in Poland
    Dec22

    Reinventing the Left in Poland

    Poland was both the most likely and the most unlikely place to expect the rebirth of the Left. The country has a rich Left tradition that predates the Communist period, and many figures of the anti-Communist opposition, like Jacek Kuron, considered themselves on the Left. At the same time, however, the Polish Left has already struck out twice...