: :inin Kyiv (EET)

Section: US & Canada

    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...

    Cohen: How Obama can reshape his legacy in 2015
    Dec16

    Cohen: How Obama can reshape his legacy in 2015

    There is a reason that second term presidents in their last two years are called lame ducks: with time running out, their prospects of further achievement narrow. Yet Barack Obama has a real opportunity to re-cast his legacy in 2015. He can do this by acting decisively in three theatres of the world where things are suddenly in play. In each,...

    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...

    Putin’s Aggressive Stance On The West And Ukraine Unlikely To Change Even As Economy Plummets
    Dec16

    Putin’s Aggressive Stance On The West And Ukraine Unlikely To Change Even As Economy Plummets

    The Russian ruble has experienced its biggest single-day collapse since Russia defaulted on its debt in 1998, and the Russian economy, hit by Western sanctions, is shrinking — but that crisis is unlikely to change President Vladimir Putin’s aggressive approach towards the West and Ukraine, analysts said. …read more Source:...

    With Russia’s Ruble in Free Fall, U.S. Plans New Sanctions
    Dec16

    With Russia’s Ruble in Free Fall, U.S. Plans New Sanctions

    As the Russian ruble continues its tumble against the dollar, President Barack Obama plans to sign a bill imposing new sanctions against Moscow, adding more pressure to a Russian economy already headed toward recession. White House press secretary Josh Earnest said on Tuesday that although the president has concerns about the Ukraine Freedom...

    Obama To Sign New Russian Sanctions Bill By End Of Week
    Dec16

    Obama To Sign New Russian Sanctions Bill By End Of Week

    The White House says U.S. President Barack Obama is expected to sign legislation implementing new sanctions on Russia over its activities in Ukraine by the end of the week. …read more Source: Radio Free Europe / Radio...

    Kerry Cites ‘Constructive Moves’ by Russia on Ukraine
    Dec16

    Kerry Cites ‘Constructive Moves’ by Russia on Ukraine

    U.S. Secretary of State John Kerry says “Russia has made constructive moves” on the Ukraine crisis that could open the path to resolving the conflict and easing or lifting international economic sanctions. While holding a series of meetings on world issues, Kerry said improvements in the eastern Ukraine cease-fire, progress on negotiating a line...

    13 Deaths Per Day in Ukraine Despite Peace Deal
    Dec16

    13 Deaths Per Day in Ukraine Despite Peace Deal

    An average of 13 people are dying each day in the Ukraine conflict despite the existence of a peace agreement, according to the United Nations. The New York Times reports that fighting between Ukrainian forces and pro-Russian rebels in the country’s east has claimed 1,357 lives since the “ceasefire” deal in early September. More than 4,700...