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Section: US & Canada

    The New Canadian Militarism
    Dec22

    The New Canadian Militarism

    From the Conversion of Highway 401 entering Toronto into the “Highway of Heroes” as a macabre celebration of Canadian soldiers killed in combat, to the renaming of the Canadian armed forces to echo past imperialist campaigns, to the wrapping of Hockey night in Canada in nationalist celebration of the military, the themes of militarism now...

    Nazarbayev: Ukraine conflict is ‘nonsense’
    Dec22

    Nazarbayev: Ukraine conflict is ‘nonsense’

    MOSCOW (AP) — Kazakhstan’s president says the conflict in eastern Ukraine is “nonsense” and is calling on Russia and Ukraine to find a way to resolve it. Nursultan Nazarbayev’s comments Monday, after a meeting with Ukrainian President Petro Poroshenko, could carry weight because Kazakhstan is part of a Russia-dominated trade bloc that...

    Russian deputy PM talks up the ruble
    Dec22

    Russian deputy PM talks up the ruble

    MOSCOW — A senior Russian Cabinet minister said on Monday he’s expecting the ruble to extend its recent gains and added that the government is not planning to introduce currency controls on Russian companies.The ruble has been the worst performing currency this year, along with the Ukrainian hryvnia, having lost half of its value. Its...

    Rosneft scraps purchase of Morgan Stanley’s oil trading business
    Dec22

    Rosneft scraps purchase of Morgan Stanley’s oil trading business

    Moscow (AFP) – Russian oil major Rosneft, hit by US sanctions over Moscow’s role in the Ukraine crisis, said Monday it had to abandon plans to purchase the oil trading business of US bank Morgan Stanley after failing to win regulatory approval.The December 2013 deal for an undisclosed amount covered Morgan Stanley’s Global Oil...

    Russia Entering ‘Full-Fledged Economic Crisis,’ Former Finance Minister Says
    Dec22

    Russia Entering ‘Full-Fledged Economic Crisis,’ Former Finance Minister Says

    * Kudrin: Russia to be downgraded to ‘junk’ status next year * Says government slow to respond to economic difficulties * Sees 2015 inflation at 12-15 per cent By Darya Korsunskaya MOSCOW, Dec 22 (Reuters) – Russia’s government has pushed …read more Source: The Huffington...

    Kazakh president says Russia and Ukraine should resolve ‘nonsense’ conflict
    Dec22

    Kazakh president says Russia and Ukraine should resolve ‘nonsense’ conflict

    Kazakhstan’s president says the conflict in eastern Ukraine is “nonsense” and is calling on Russia and Ukraine to find a way to resolve it. …read more Source: FOX...

    Kazakh President Calls For Compromise Between Russia And Ukraine
    Dec22

    Kazakh President Calls For Compromise Between Russia And Ukraine

    Kazakh President Nursultan Nazarbaev, during a visit to Kyiv, has reportedly called on Russia and Ukraine to seek compromise in order to end the conflict in eastern Ukraine and preserve its territorial integrity. …read more Source: Radio Free Europe / Radio...

    Black Gold and Black Swans
    Dec22

    Black Gold and Black Swans

    Everybody is trying to get a handle on where oil prices will be next year after a whiplash-inducing slide of nearly 50 percent since summertime highs. The price of oil matters for regular folks at the pump and for oil companies trying to make multi-billion dollar investments. It matters for petro states that rely on crude sales to fund their...

    Russian Minister Talks up the Ruble
    Dec22

    Russian Minister Talks up the Ruble

    MOSCOW— A senior Russian minister says he’s expecting the ruble to extend its recent gains and said the government is not planning to introduce currency controls on Russian companies. Igor Shuvalov, the deputy prime minister overseeing the economy, said in comments to Russian news agencies on Monday that the government “opposes” currency...

    Canada faces long conflicts in Iraq and Ukraine
    Dec22

    Canada faces long conflicts in Iraq and Ukraine

    OTTAWA – It could very well be that 2014 is remembered as the year when Canada traded one shadow war for possibly two others. The flag was barely folded and put away in Kabul, marking a formal end to more than 12 years of counter-insurgency war against the ghostly Taliban, before CF-18s were dispatched to begin pounding extremist targets in Iraq....