: :inin Kyiv (EET)

Section: US & Canada

    Ruble Collapse Shakes Russian Economy, Consumers
    Dec17

    Ruble Collapse Shakes Russian Economy, Consumers

    MOSCOW—Russian President Vladimir Putin faces a major new challenge after a catastrophic fall in the value of the ruble, which hit a new low Tuesday despite the Central Bank’s desperate efforts to halt the selling. On the streets of Moscow, panicky consumers rushed out to buy home appliances before they became even more expensive....

    U.S. Says Russia Sanctions Vindicated As Ruble Tumbles
    Dec17

    U.S. Says Russia Sanctions Vindicated As Ruble Tumbles

    As Russia’s currency plunges, the Obama administration is delivering a message about the impact of Western sanctions: We told you so. …read more Source: Radio Free Europe / Radio...

    Russia’s Sinking Economy Becoming a Global Threat
    Dec17

    Russia’s Sinking Economy Becoming a Global Threat

    WASHINGTON—Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shriveled currency, its move to dramatically boost interest rates, the damage from...

    Obama backs bill imposing new sanctions on Russia
    Dec17

    Obama backs bill imposing new sanctions on Russia

    WASHINGTON (AP) — 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 the pain. …read more Source: U.S....

    How Sustainability Can Guide German Foreign Policy
    Dec17

    How Sustainability Can Guide German Foreign Policy

    BERLIN — Sustainable thinking and action continues to gain increased importance in business and technology. Above all, it has become a political guiding principle. As such, it merits examination. The three pillars of sustainability — the economic, the environmental and the social pillar — are equal in importance. In terms of...

    Fallout from troubled Russia risks triggering default and increased aggression in Ukraine
    Dec17

    Fallout from troubled Russia risks triggering default and increased aggression in Ukraine

    WASHINGTON — Russia’s suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia’s shrivelled currency, its move to dramatically boost interest rates, the damage from...

    Obama to sign new sanctions bill on Russia
    Dec17

    Obama to sign new sanctions bill on Russia

    WASHINGTON — President Obama has decided to sign legislation imposing further sanctions on Russia and authorizing additional aid to Ukraine, despite concerns that it will complicate his efforts to maintain a unified front with European allies, the White House said Tuesday. The legislation calls for a raft of new measures penalizing Russia’s...

    China steps up plan for new export corridor into Europe
    Dec17

    China steps up plan for new export corridor into Europe

    Belgrade (AFP) – Chinese Prime Minister Li Keqiang met central and eastern European leaders Tuesday in a summit to cement Beijing’s plans for a new transport network to funnel exports into Europe.The two-day meeting in Belgrade gathering prime ministers from 16 states had infrastructure and transport top of the agenda.Beijing hopes to...

    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...