LATEST NEWS : Ukraine and Russia take center stage as leaders gather for G20

A showdown between Western leaders and Russian President Vladimir Putin is likely at the G20 summit in Australia starting on Saturday, following fresh reports of Russian troops pouring into eastern Ukraine. Ukraine has accused Russia of sending soldiers and weapons to help separatist rebels in eastern Ukraine launch a new offensive in a conflict that […]

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LATEST NEWS : Russia may restrict trans-Siberian flights for EU airlines: newspaper

– Russia may restrict or ban European airlines from flying over Siberia on busy Asian routes, a newspaper reported on Tuesday, following Western sanctions which have grounded one Russian carrier and a billionaire’s private jet. continue reading at reuters.com

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LATEST NEWS : EU reaches preliminary deal on Russia economic sanctions

European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said. The 28-nation EU has toughened its stance towards Moscow since last week’s downing of a Malaysian airliner in an area of eastern Ukraine held by Russian-backed […]

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S&P Dims Outlook on Russia to 'Negative' on Geopolitical Jitters

Hours after President Obama threatened to sanction key sectors of Russia’s economy, Standard & Poor’s downgraded its outlook on Russia on Thursday to “negative” amid fears over the economic fallout of the deteriorating geopolitical situation. The move by the ratings company underlines the financial ramifications of Moscow’s annexation of Crimea, which has slammed Russia’s equity […]

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Russia Warns It May Play The 'Iran Card' Over Ukraine Sanctions

A senior Russian diplomat signaled a possible shift Wednesday in Russia’s position on the ongoing Iranian nuclear talks amid tensions with the United States and other Western countries, according to The Associated Press. Russian Deputy Foreign Minister Sergei Ryabkov was quoted by the Russian news organization Interfax as saying the recent sanctions announced by the European Union […]

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Crimea referendum: EU loads the gun for 'additional and far-reaching' measures against Russia

This is the crucial clause 4 from the EU’s draft conclusions on Russia sanctions, courtesy of our Brussels Correspondent Bruno Waterfield: There is still time to reverse current developments. Opportunities exist to avoid a negative spiral. The EU is ready for a constructive dialogue with all sides. The EU remains committed to the objective of developing […]

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Global stocks hit by Ukraine war threat, gold, oil jump

(Reuters) – The rising threat of war between Ukraine and Russiasent investors scurrying for relative safety on Monday, pushing stocks down sharply – the Moscow market fell 11.5 percent – and lifting gold to a four-month high. U.S. investors were set to add their weight to the move at the open, with stock index futures all down around […]

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No Progress from G-20 Leaders

“In the end, even a meeting between Barack Obama and Vladimir Putin failed to deliver results. Participants at the G-20 summit in St. Petersburg couldn’t manage to find a common position on Syria. The American president demanded that punitive action be taken against Syria, but his Russian counterpart stood between Obama and his allies. Now […]

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China backs Russia over Syria at G20 summit

“The rift over Syria could overshadow a summit of the Group of 20 (G20) developed and developing economies in St. Petersburg at which global leaders want to forge a united front on growth, trade, banking transparency and fighting tax evasion. The club that accounts for two thirds of the world’s population and 90 percent of […]

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Russia sends warships to Mediterranean as Syria tension rises

“Interfax quoted a source in the armed forces’ general staff as saying Russia, Syria’s most powerful ally, was deploying a missile cruiser from the Black Sea Fleet and a large anti-submarine ship from the Northern Fleet in the “coming days”. Any strengthening of the navy’s presence could fuel tension, especially as the United States has […]

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