: :inin Kyiv (EET)

Section: US & Canada

    Russian ruble hits new dollar low despite rate rise
    Oct31

    Russian ruble hits new dollar low despite rate rise

    Moscow (AFP) – The ruble hit a new record low on Friday, falling to more than 43 rubles to the dollar, despite defensive action by the central bank which raised interest rates a short time earlier.The ruble was trading at 43.03 to the dollar at around 1330 GMT, after strengthening slightly on Thursday following central bank intervention and...

    NATO: Planned ‘elections’ by rebel groups in Ukraine illegal
    Oct31

    NATO: Planned ‘elections’ by rebel groups in Ukraine illegal

    JC FinleyBRUSSELS, Oct. 31 (UPI) — NATO reiterated Friday that the planned Nov. 2 separatist elections in eastern Ukraine violate both Ukrainian laws and the Minsk cease-fire agreement. …read more Source: United Press...

    Gas Deal Ensures Europe Won’t Freeze This Winter
    Oct31

    Gas Deal Ensures Europe Won’t Freeze This Winter

    After months of tense and, at times, bitter negotiations, Ukraine has brokered a deal to resume natural gas shipments from Russia and keep the pipelines open through the coming winter. The settlement includes an negotiated rate on future gas shipments and—with the help of the European Union—the settling of more $3 billion in debts owed by...

    Russia Central Bank Raises Interest Rate to Fight Falling Ruble
    Oct31

    Russia Central Bank Raises Interest Rate to Fight Falling Ruble

    MOSCOW—Russia’s central bank has raised its main interest rate by more than anticipated as it tries to stem the ruble’s fall. The bank on Friday lifted its main rate from 8 percent to 9.5 percent in a move reflecting the bank’s concern over the plummeting currency. The ruble fell to an all-time dollar low of 43.4 earlier this...

    Poroshenko: EU Leaders Press Putin On Rebel Votes
    Oct31

    Poroshenko: EU Leaders Press Putin On Rebel Votes

    Ukrainian President Petro Poroshenko’s office says the leaders of Ukraine, Germany, and France have urged Russian President Vladimir Putin not to recognize elections being held on November 2 by pro-Russian separatists in eastern Ukraine. …read more Source: Radio Free Europe / Radio...

    Russian Central Bank Sharply Raises Interest Rate
    Oct31

    Russian Central Bank Sharply Raises Interest Rate

    The Russian central bank has said it will raise interest rates from 8 percent to 9.5 percent as Western sanctions and falling oil prices have sent the Russian ruble plummeting. …read more Source: Radio Free Europe / Radio...

    Russia-backed rebels increase attacks in Ukraine
    Oct31

    Russia-backed rebels increase attacks in Ukraine

    JC FinleyKIEV, Ukraine, Oct. 31 (UPI) — Ukraine’s security council has observed an increase in Russian-backed separatist fighting in eastern Ukraine. …read more Source: United Press...

    Russia Will Ship Gas After Ukraine Remits First Debt Payment
    Oct31

    Russia Will Ship Gas After Ukraine Remits First Debt Payment

    MOSCOW—Russia will resume shipping natural gas to Ukraine after Kiev pays off its first debt installment for past supplies of gas next week, officials said Friday. Alexei Miller, chief of Russia’s state-controlled Gazprom natural gas giant, made the statement hours after Russia, Ukraine and the European Union thrashed out a $4.6 billion...

    What Are Traders Chatting About? The Japan-Induced ‘Scalded-Dog’ Formation…
    Oct31

    What Are Traders Chatting About? The Japan-Induced ‘Scalded-Dog’ Formation…

    JonesTrading’s Dave Lutz has a roundup of what traders are chatting about right now: Good Morning! US Futures are in the “Scalded Dog” formation, running well over 1%. The late afternoon rally on the GPIF news squeezed higher in the overnight, as a double-dose of good news shot Tokyo nearly 5% higher to 7Y peaks (and Nikkei futures are up...

    Ukraine Welcomes Soldiers Back From Front
    Oct31

    Ukraine Welcomes Soldiers Back From Front

    Soldiers of the 93rd mechanized brigade were welcomed in Dnipropetrovsk after serving six months at the front fighting Russian-backed separatists. The troops received a traditional greeting of bread, salt and flowers on October 30. Despite a cease-fire in place since September 5th, fighting continues in various parts of eastern Ukraine....