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By John O’Donnell FRANKFURT Sun Jul 27, 2014 5:04am EDT (Reuters) – With the prospect of stiffer sanctions against Russia rattling confidence in Europe, investors will be looking to the United States and China to underpin the global economy. Wednesday’s U.S. gross domestic product (GDP) reading and jobs data on Friday will help markets to judge the strength of the economy’s rebound and the likely speed of the Federal Reserve’s return to more conventional monetary […]
By Anton Zverev and Peter Graff DONETSK Ukraine Mon Jul 21, 2014 11:04pm EDT (Reuters) – The remains of some of the nearly 300 victims of the Malaysia Airlines plane downed over Ukraine were making their way to the Netherlands on Tuesday as a senior Ukrainian separatist leader handed over the plane’s black boxes to Malaysian experts. Dutch Prime Minister Mark Rutte told a news conference on Monday that a train carrying around 200 body […]
By Anton Zverev HRABOVE Ukraine Fri Jul 18, 2014 2:10am EDT (Reuters) – World leaders demanded an international investigation into the shooting down of a Malaysian airliner over eastern Ukraine in which all 298 people on board were killed, a tragedy that could further heighten tensions between Russia and the West. One U.S. official said Washington strongly suspected a surface-to-air missile that downed the Malaysia Airlines Boeing 777 on a flight from Amsterdam to Kuala […]
(Reuters) – A Malaysian airliner was shot down over eastern Ukraine by militants on Thursday, killing all 295 people aboard, a Ukrainian interior ministry official was quoted as saying by Interfax-Ukraine news agency. The aircraft, which other sources said was a Boeing 777 flying from Amsterdam to Kuala Lumpur, came down near the city of Donetsk, stronghold of pro-Russian rebels, Anton Gerashchenko said, adding that it was hit by a ground-to-air missile. There was no […]
(Reuters) – U.S. President Barack Obama on Wednesday announced the most wide-ranging sanctions yet on the Russian economy, targeting key institutions including Gazprombank and Rosneft Oil Co, as well as other energy and defense companies. Washington has steadily escalated its financial sanctions on Russia over what it views as Moscow’s interference in its neighbor Ukraine and its annexation of the Crimea region. Obama said the United States could impose further sanctions if Russia did not […]
(Reuters) – Ukraine signed on Friday an historic free-trade agreement with the European Union that has been at the heart of months of violence and upheaval in the country, drawing an immediate threat of “grave consequences” from Russia. Georgia and Moldova signed similar deals, holding out the prospect of deep economic integration and unfettered access to the EU’s 500 million citizens, but alarming Moscow which is concerned about losing influence over former Soviet republics. All three countries have […]
(Reuters) – U.S. Secretary of State John Kerry called on Russia on Thursday to disarm separatists in Ukraine within “the next hours” as the European Union prepared to discuss deeper sanctions against Moscow. Washington and other Western powers have stepped up pressure on Russia to take concrete action to defuse the conflict in easternUkraine, where a ceasefire between Russian-speaking rebels and government forces has appeared to be crumbling. “We are in full agreement that it is critical for Russia to show […]
(Reuters) – Fighting flared between Ukrainian and pro-Moscow separatist forces, both sides reported on Sunday, further straining a unilateral ceasefire declared by Ukraine as Russian President Vladimir Putin pressed Kiev to talk to the rebels. Putin and Ukrainian President Petro Poroshenko, at separate ceremonies marking the anniversary of Nazi Germany’s invasion of the Soviet Union, both stressed the need to bring peace to Ukraine’s rebellious east. The seven-day ceasefire came under pressure almost as soon at it […]
(Reuters) – Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace in the former Soviet republic. After weekend violence that included the loss of 49 troops in the downing of a Ukrainian plane, Russia said Kiev missed a deadline for a $1.95 billion debt payment and it would now only get gas it has paid for in […]
Ukraine faces the threat of Russia cutting off the country’s gas supply after the two nations failed again to come into terms regarding their gas-pricing dispute.
The World Bank cut its global economic growth forecast for 2014 to 2.8 per cent from 3.2 per cent because of a harsh US winter and the impact of the Ukraine crisis.
(Reuters) – Ukraine faces the threat of Russia cutting off gas supplies when a 0600 GMT deadline passes on Monday after talks on a long-running gas pricing dispute failed. Russian natural gas producer Gazprom said it was not extending the deadline for Ukraine to start paying off its gas debts after the discussions ended in the early hours of the morning in Kiev, raising the prospect of disruptions to gas flows to the European Union […]
