Section: News & Summaries

      Is the concept of the Brics conglomerate still valid?

      And then there were two. One of the extraordinary features of the global economy over the past year has been the downgrading, you might say demise, of two of the Brics (Brazil, Russia, India, China and South Africa). ||| AND then there were two. One of the extraordinary features of the global economy over the past year has been the downgrading,...

      Ukraine violence worries NATO chief

      NATO Secretary-General Jens Stoltenberg has voiced concern over an increase in violence and movements of heavy military equipment in eastern Ukraine. ||| REYKJAVIK – NATO Secretary-General Jens Stoltenberg voiced concern on Thursday over an increase in violence and movements of heavy military equipment in eastern Ukraine, saying they were...

      Economic might to decide Russia conflict

      German Finance says economic strength, rather than military might, would ultimately determine outcome of West’s standoff with Russia over Ukraine ||| Washington – German Finance Minister Wolfgang Schaeuble said on Thursday that economic strength, rather than military might, would ultimately determine the outcome of the West’s...

      Disabled ‘condemned to life in institutions’

      Growing numbers of disabled children in Ukraine are reportedly being condemned to life in institutions blighted by neglect and abuse. ||| Kiev, Ukraine – An international rights group says growing numbers of disabled children in Ukraine are being condemned to life in orphanages and institutions blighted by neglect and abuse.Disability...

      Ukrainian Fighter Pilot’s Case More About Politics, Less About Law, Says Attorney
      Apr16

      Ukrainian Fighter Pilot’s Case More About Politics, Less About Law, Says Attorney

      When Russian-backed separatists in eastern Ukraine captured a fighter pilot loyal to Kyiv in June 2014, they got more than they bargained for. Nearly a year later, Nadiya Savchenko is on trial in Russia, and at the center of an international imbroglio. “This isn’t an ordinary case,” Russian attorney Mark Feygin said at the Atlantic Council...

      Out of the Abyss: Anders Åslund Sees Hope for Ukrainian Economy
      Apr16

      Out of the Abyss: Anders Åslund Sees Hope for Ukrainian Economy

      Ukraine: What Went Wrong and How to Fix It, the new book by Anders Åslund of the Peterson Institute for International Economics, presents so compelling an argument that—even before publication on April 17—it has already persuaded the International Monetary Fund (IMF) and Western nations to adopt a $40 billion economic stabilization program for...

      The Dutch team of investigators to renew search at MH17 crash site in Eastern Ukraine
      Apr16

      The Dutch team of investigators to renew search at MH17 crash site in Eastern Ukraine

      The Dutch-led team of investigators that consists of 30-persons and includes five Malaysian investigators and one Australian has gained access to the area in Eastern Ukraine where most of the debris fell. The mission starts on Thursday, April 16, 2015, and is expected to last “a few weeks”, depending on the situation. The team’s...

      Pro-Russian journalist Oles Buzyna shot dead in Kyiv
      Apr16

      Pro-Russian journalist Oles Buzyna shot dead in Kyiv

      Interior Minister adviser Anton Herashchenko reported that pro-Russian journalist and writer Oles Buzyna has been shot dead on Thursday afternoon, April 16, 2015, by shots from a passing car, near his house on Dehtiarivska Street in Kyiv. PHOTO Magnolia TV Oles Buzyna in 2012 ran for a seat in Parliament on the Russian party ticket and till March...

      MH370 search zone to be extended

      Government ministers said that they would extend the search for missing Flight 370 if the wreckage is not found in the current search area. ||| Sydney – Government ministers from Australia, China and Malaysia on Thursday said that they would extend the search for missing Malaysia Airlines Flight MH370 by an additional 60 000 sq kilometres...

      China Economy To Slow, Hurting Australia: IMF
      Apr16

      China Economy To Slow, Hurting Australia: IMF

      The news that Australia faces a $30 billion revenue hit over the next four years as a result of lower iron ore prices, combined with a slowdown in China’s growth, spells bad news for the Australian economy. This report looks at predictions for the wider global economy. A crackdown on cheap credit in China is expected to help reduce the rate...