EU ready for long row with Russia

European Union leaders have warned Moscow they are ready to exercise their combined muscle over the long haul. ||| Brussels – European Union leaders warned Moscow they were ready to exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from...

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Panic mood hits Russian economy

Russia has scrambled to halt a run on the ruble in the worst economic crisis of President Vladimir Putin’s 15 years in power. ||| Moscow – Russia scrambled on Wednesday to halt a run on the ruble, selling billions of reserves to prop up the currency in the worst economic crisis of President Vladimir Putin’s 15 years in power.At...

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Russian measures fail to halt rouble’s slide

The Russian rouble dropped to a new low of almost 58 (R11) to the dollar, continuing a slide that traders said led the central bank to intervene in the market on Friday after an interest rate hike failed to break the currency’s fall. ||| Reuters and Bloomberg MoscowTHE RUSSIAN rouble dropped to a new low of almost 58 (R11) to the dollar,...

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Ukraine ceasefire is ‘real’

President Petro Poroshenko on Friday said a “real” ceasefire was in place in Ukraine after the first 24 hours went without a military casualty. …read more Source:...

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UK calls on NATO help in sub hunt

NATO patrol planes helped Britain scour the waters off its western Scottish coast in a search reminiscent of the Cold War, report said. ||| London – NATO patrol planes helped Britain scour the waters off its western Scottish coast after a submarine’s periscope was spotted, in a search reminiscent of the Cold War, media reported....

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Experts will examine MH17 wreckage

Trucks carrying debris from Malaysia Airlines Flight MH17 are en route to a Dutch air force base. ||| Amsterdam – Trucks carrying wreckage from Malaysia Airlines Flight MH17 crossed into the Netherlands overnight where investigators waited to try to rebuild the airliner almost five months after it crashed. The Boeing 777 came down in...

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UN: 2014 a devastating year for children

UNICEF declared 2014 a devastating year for children, saying “never in recent memory have so many children been subjected to such unspeakable brutality”. ||| United Nations – The United Nations children’s agency UNICEF declared 2014 a devastating year for children on Monday with as many as 15 million caught in conflicts in Central...

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Putin: Russia’s enemies seek its downfall

President Vladimir Putin accused Russia’s enemies of seeking to carve it up and destroy its economy to punish it for growing strong. ||| Moscow – President Vladimir Putin accused Russia’s enemies on Thursday of seeking to carve it up and destroy its economy to punish it for growing strong, in an annual state of the union speech...

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AK-47 makers fight sanctions with fashion

The makers of Russia’s iconic AK-47 assault rifle are moving into fashion to get around Western sanctions on its weapons. ||| Moscow – The makers of Russia’s iconic AK-47 assault rifle are moving into fashion to get around Western sanctions on its weapons.At a flashy event in Moscow on Tuesday, Kalashnikov Concern unveiled a new...

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Carter tapped to succeed Hagel

US President Barack Obama has reportedly settled on technocrat Ashton Carter as his fourth defence secretary. ||| Washington – Can a career Washington technocrat break into US President Barack Obama’s tight-knit inner circle and oversee the world’s most powerful military? It looks like former Pentagon official Ashton Carter is...

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