The poll that shows not one majority in any Ukrainian region favours joining Russia March 4, 2014 Russia’s incursion into Crimea has so far been justified on the grounds of protecting those citizens of Russian descent and Russian speakers. On Monday, Russian foreign minister Sergey Lavrov, at UN meetings in Geneva, said “this is a question of defending our citizens and compatriots, ensuring human rights, especially the right to life.” However, these [...]
Ukraine conflict adds to perfect storm for international markets March 3, 2014 And investors should expect rising levels of geopolitical risk Market risk sentiment quickly unraveled yesterday, as investors reacted to what has been termed the biggest threat to European security this century. As Russian troops massed in Crimea, stocks in Moscow’s MICEX index crashed by around 9 per cent on the open (see graph), with the [...]
CNBC Comment: Russia’s economy looks set up for a fall March 3, 2014 DECADES of diplomacy ushered Moscow into the international tent. And in the interest of keeping the country inside, Western powers mostly seemed content to ignore Russian aggression across its borders and human rights violations within. But this not-so-Great Game of diplomacy only works when all sides are prepared to at least preserve the façade. Closer [...]
DailyFX Tips & Picks: The trend is your friend if you understand price action March 3, 2014 TRADERS are constantly searching for the “best” tools available. New indicators, systems and strategies often yield even newer indicators, systems and strategies. But what if I told you that everything you need to analyse and trade in a market is already available on the chart? This is called price action, and it’s the use of [...]
DailyFX Tips & Picks: Analyst’s pick March 3, 2014 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long euro-dollar, euro-yen above ¥141.45 Expertise: Fundamental and technical analysis with risk management Average time frame of trades: A few hours to a few weeks The euro has proved resilient in the wake of Russia’s intervention in Ukraine. Euro-dollar is holding above our key level of $1.3770, and a [...]
How technology has doomed the BBC licence fee March 3, 2014 WE SHOULD expect to hear much more about the future of the BBC in the next few months. Its Royal Charter is due for renewal in 2016, and there have already been murmurings about the sustainability of the licence fee model. Last year, Conservative party chairman Grant Shapps suggested the BBC needed to clean up [...]
Video: The future of driverless transport is hiding at Heathrow March 3, 2014 Driverless vehicles are either the future of motoring or the death knell for public transport, depending on whether you take your travel news from Google or the RMT. But tucked away beyond domestic arrivals at Heathrow is a driverless transport network that has been running successfully for nearly three years and is the first of [...]
London is second priciest city for firms to situate staff March 3, 2014 SOARING rents have made London the world’s second most expensive city for companies to locate staff, trailing closely behind Hong Kong, according to research out today by property consultants Savills. The cost of renting living and office space for one employee in the capital reached $115,000 (£68,804) last year, up two per cent on 2012 [...]
Five laws (and our brains) make one in a billion events happen every day | City A.M. March 3, 2014 YOU’RE thinking of a friend, and suddenly the phone rings and it’s them. You’re on a short break in Paris and you bump into your brother. Or, as happened to me, I go into BBC Broadcasting House to record an interview about the improbability principle, and on my way out they tell me I’m the [...]
Sales from the riverbank February 27, 2014 The future landmarks set to transform London’s river and make living Thameside even cooler LONDON is finally starting to follow the example of its European neighbours by making the most of its meandering river. Luxury developments are beginning to pop up all along the riverbank, proving that the place to be seen in the next [...]