: :inin Kyiv (EET)

Section: US & Canada

    Russia Raises Interest Rate As Ruble Falls, Economy Stalls
    Dec11

    Russia Raises Interest Rate As Ruble Falls, Economy Stalls

    The Russian central bank has raised its key interest rate by a full percentage point, to 10.5 percent, in an effort to bolster the falling ruble and slow price increases. …read more Source: Radio Free Europe / Radio...

    Russia’s Ruble Falls to New All-Time Low
    Dec11

    Russia’s Ruble Falls to New All-Time Low

    MOSCOW— The ruble has fallen to a new all-time low, tracking the dive in the price of oil and reflecting the overall weakness of the Russian economy. Russia’s currency traded at 55.02 rubles to the dollar in early trading on Thursday, surpassing the previous low set on Dec. 3. The ruble also hit an all-time low against the euro of 68.47....

    10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ)
    Dec11

    10 Things You Need To Know Before The Opening Bell (DIA, SPY, SPX, QQQ)

    Good morning! Here are the 10 stories you need to know about in markets today. Europe’s Latest Stimulus Falls Flat. The European Central Bank lent €130 billion ($162.17 billion) to banks in its latest cheap credit programme, in an attempt to get Europe’s stagnant economy moving again. The TLTRO figure (targeted long-term refinancing...

    FP’s Situation Report, presented by the UAE Embassy: Obama is caught in the middle of the torture report fallout; CIA tortured even though it knew torture didn’t work; Torture report could benefit 9/11 suspects held by the U.S.; and much more.
    Dec11

    FP’s Situation Report, presented by the UAE Embassy: Obama is caught in the middle of the torture report fallout; CIA tortured even though it knew torture didn’t work; Torture report could benefit 9/11 suspects held by the U.S.; and much more.

    By David Francis and Sabine Muscat President Barack Obama refuses to take sides as the fallout from the torture report continues. The CIA maintained Wednesday that its post-9/11 enhanced interrogation program yielded intelligence that saved American lives and prevented attacks. The Senate report categorically denies these claims. Obama, who has...

    Three Ukraine soldiers dead in first casualties since ceasefire
    Dec11

    Three Ukraine soldiers dead in first casualties since ceasefire

    Kiev (AFP) – Three soldiers were killed and eight injured in the past 24 hours, a Ukraine military spokesman said on Thursday, marking the first casualties since a ceasefire was introduced earlier this week. “We lost three soldiers and another eight were wounded in the past 24 hours,” said spokesman Andriy Lyssenko. Previous...

    Fund Ukraine Only After It Reforms
    Dec11

    Fund Ukraine Only After It Reforms

    The Ukrainian government has drafted a reasonable austerity plan, but it may just be a ploy to get more international funding. …read more Source:...

    The Corrupt Cops Of East Ukraine
    Dec11

    The Corrupt Cops Of East Ukraine

    There’s no due process, and there are no civil liberties, but cops on the beat are obeying the laws—of the USSR. …read more Source: The Daily...

    Putin and Modi Push to Revive Jaded Russia-India Relationship
    Dec11

    Putin and Modi Push to Revive Jaded Russia-India Relationship

    Indian Prime Minister Narendra Modi and Russian President Vladimir Putin got straight down to talks on Thursday on boosting nuclear and defense cooperation at a summit aimed at reviving an old friendship that has faded over the years. Putin’s one-day visit to India comes at a time when Russia is at odds with the West over Ukraine, and its...

    Russian Central Bank Hikes Rates
    Dec11

    Russian Central Bank Hikes Rates

    The Russian central bank has raised rates to 10.5% from 9.5% in its latest attempt to halt the collapse of the rouble. The currency has been hit by a combination of collapsing oil prices, which the country’s economy is heavily dependent on, and Western sanctions over Russia’s role in supporting anti-government rebels in Ukraine. The...

    Putin Handed Over $8 Billion Of Contracts To His Sanctioned Russian Oligarch Friends
    Dec11

    Putin Handed Over $8 Billion Of Contracts To His Sanctioned Russian Oligarch Friends

    Companies linked to Russian billionaire Arkady Rotenberg and Gennady Timchenko, both close allies of Russian President Vladimir Putin, were given contracts worth 309 billion roubles (£3.6 billion, $8.1 billion) since western sanctions were imposed on the men in March, according to a Bloomberg report. The deals included a 228-billion- rouble...