: :inin Kyiv (EET)

Section: US & Canada

    Obama to sign new Russian sanctions bill: Spokesman
    Dec17

    Obama to sign new Russian sanctions bill: Spokesman

    Obama was expected to sign legislation implementing new sanctions on Russia over its activities in Ukraine by the end of the week, the White House said. …read more Source:...

    Italian Shoemakers Urge EU to Tread Carefully on Sanctions
    Dec17

    Italian Shoemakers Urge EU to Tread Carefully on Sanctions

    Bad relations between the EU and Moscow have helped cut exports of Italian shoes to Russia by around a fifth, the sector said in a letter to the bloc’s foreign policy chief, urging consideration of economic effects before more sanctions are imposed. The EU has imposed measures including economic sanctions in response to Moscow’s...

    Making Putin Blink
    Dec17

    Making Putin Blink

    The West’s financial weapons against Russia were meant to hit President Vladimir Putin’s foundation of power — the men and companies close to him — with surgical precision. Instead, Western sanctions, falling oil prices, and Moscow’s clumsy attempts to stem the damage have helped push the Russian economy closer to a meltdown....

    Obama backs bill imposing new sanctions on Russia
    Dec16

    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… …read more Source: WAVE 3...

    What People Are Searching For, According to Google
    Dec16

    What People Are Searching For, According to Google

    Every December, as one year is about to give way to the next, Google reveals what we’ve searched for the most in the past 12 months. On Tuesday, the company published its 2014 Year in Search, formerly called Zeitgeist. The data tracks what Internet users have typed into the empty rectangle on Google’s search engine—which as of October...

    Putin Now Faces ‘One Of Those Guns Or Butter Moments’
    Dec16

    Putin Now Faces ‘One Of Those Guns Or Butter Moments’

    Rapid changes in the financial markets and the Russian economy are forcing Vladimir Putin to change his calculus. Now the Russian president has a choice between doubling down on his aggressive foreign policy or concentrate on putting Russia in order. This week’s plunge in the value of the ruble adds another layer of uncertainty to the...

    Putin Watches Russian Economy Collapse Along With His Stature
    Dec16

    Putin Watches Russian Economy Collapse Along With His Stature

    Stability was always the watchword of Vladimir Putin’s presidency, and for more than a decade it rang true. Ever since he came to power in 2000, Putin presented himself as the antidote to what Russians call the “wild 90s,” the decade of economic upheaval that culminated in the crash of 1998. The high price of oil, and the fortunes it...

    STOCKS FALL, RUBLE CRASHES: Here’s What You Need To Know (DIA, SPY, QQQ, TLT, IWM, RSX, USO, BND, AAPL, XHB)
    Dec16

    STOCKS FALL, RUBLE CRASHES: Here’s What You Need To Know (DIA, SPY, QQQ, TLT, IWM, RSX, USO, BND, AAPL, XHB)

    It was a wild day in the market on Tuesday as the Russian ruble crumbled and stocks had a wild day after opening lower, surging higher, and closing at the lows of the day. First, the scoreboard: Dow: 17, 077.4, -104, (-0.6%) S&P 500: 1,975.5, -14, (-0.7%) Nasdaq: 4,552.8, -52.3, (-1.1%) And now, the top stories on Tuesday: 1. It was all...

    Dollar Grows Elusive as Russian Ruble Plunges
    Dec16

    Dollar Grows Elusive as Russian Ruble Plunges

    The official exchange rate was still in the 60s, and the sign on the currency exchange kiosk’s door said there were U.S. dollars on sale at 80 rubles. The woman at the window wanted 85. At the exchange points that are a fixture across the Russian capital, those seeking dollars to protect their savings from the ruble’s collapse were...

    Putin’s Popularity Is Stronger Than the Ruble
    Dec16

    Putin’s Popularity Is Stronger Than the Ruble

    There’s an old Russian proverb that goes, “The economy is a good servant, but a bad master.” Apparently, the saying doesn’t apply to Vladimir Putin. The Russian ruble is currently in the midst of an historic landslide; Russia’s central bank jacked interest rates up nearly seven points on Tuesday to counter the...