: :inin Kyiv (EET)

Section: US & Canada

    To Revive Damaged Brand, Malaysia Airlines To Lay Off 6,000 Workers
    Aug29

    To Revive Damaged Brand, Malaysia Airlines To Lay Off 6,000 Workers

    KUALA LUMPUR, Malaysia (AP) — Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. The staff reduction represents about 30 percent of its current workforce of 20,000. A search for a new CEO is underway but there is no move to...

    Ruble Hits New Low
    Aug29

    Ruble Hits New Low

    The Russian ruble hit its all-time low as geopolitical conflict in eastern Ukraine intensified with an alleged participation of Russian troops. …read more Source: The Wall Street...

    Putin urges release of trapped Ukrainian troops
    Aug29

    Putin urges release of trapped Ukrainian troops

    The Russian leader’s call comes amid reports of Russian troops fighting in Ukraine. …read more Source: USA...

    Separatist Leader In Donetsk Agrees To Open ‘Humanitarian Corridor’
    Aug29

    Separatist Leader In Donetsk Agrees To Open ‘Humanitarian Corridor’

    Aleksandr Zakharchenko, the leader of pro-Russian separatists in the eastern Ukrainian city of Donetsk, has agreed to let encircled Ukrainian government troops leave the battlefield after Russian President Vladimir Putin called on militia forces to open “a humanitarian corridor.” Zakharchenko said his forces would comply on the...

    Putin Commends Separatist Militias in Ukraine
    Aug29

    Putin Commends Separatist Militias in Ukraine

    Addressing the rebels directly, the Russian president also asked that a humanitarian corridor be opened to allow encircled Ukrainian troops to retreat. …read more Source: The New York...

    EU weighs Ukraine policy, Russia sanctions
    Aug29

    EU weighs Ukraine policy, Russia sanctions

    MILAN (AP) — European Union foreign ministers are weighing the 28-nation bloc’s stance in the Ukraine crisis amid increasing calls to beef up economic sanctions against Russia. The United States and the EU have imposed sanctions against Russian officials and the country’s financial industry. …read more Source: San Francisco...

    Malaysia Airlines to Cut 6,000 Staff in Overhaul
    Aug29

    Malaysia Airlines to Cut 6,000 Staff in Overhaul

    (KUALA LUMPUR, Malaysia) — Malaysia Airlines will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. The staff reduction represents about 30 percent of its current workforce of 20,000. A search for a new CEO for the airline is underway. Khazanah Nasional, the...

    Obama cautions against using force to solve crises
    Aug29

    Obama cautions against using force to solve crises

    WASHINGTON (AP) — Faced with deepening crises in the Middle East and Ukraine, President Barack Obama is putting the brakes on the notion that American military power can solve either conflict…. …read more Source: Associated...

    Russia replies to Canada’s colorful map tweet
    Aug29

    Russia replies to Canada’s colorful map tweet

    TORONTO (AP) — It began with Canada tweeting some not-so-friendly travel tips for the Russian military: a map showing Russia and labeling Ukraine as “not Russia.”… …read more Source: Associated...

    Russian fund with US advisers eludes sanctions
    Aug29

    Russian fund with US advisers eludes sanctions

    WASHINGTON (AP) — As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers...