Russian “spies” looking for US economic intelligence posing as bankers foiled by FBI January 27, 2015 Three Russians have been charged in connection with a Cold War-style spy ring attempting to gather economic intelligence on sanctions by posing as a bank employee, US authorities have said. The FBI arrested Evgeby Buryakov in New York, charging him with conspiring to gather intelligence on behalf of Russia. He is due to appear in [...]
Greece elections 2015: How David Cameron, Ed Miliband, Paul Krugman and other world leaders and economists reacted to Syriza victory January 26, 2015 The impact and significance of Syriza's victory in the Greek election is already making its mark on Europe and the rest of the world. Syriza, a leftist anti-austerity party, wants to renegotiate Greece's debt to its three creditors (the European Commission, the European Central Bank and the International Monetary Fund), which currently stands at around [...]
Humanity “three minutes to midnight” on the Doomsday clock January 23, 2015 The world is apparently teetering closer to all-out catastrophe than it has been since the height of the Cold War. We are, in the words of the Bulletin of the Atomic Scientists Science and Security Boards, back at “three minutes to midnight” on the hands of the “Doomsday Clock“. The last time we were this [...]
Oxford Instruments warns over weak Russia and Japan trading January 22, 2015 OXFORD Instruments issued a profit warning yesterday, citing weak trading in Russia and Japan. The company, which makes maintenance systems and parts for CT and MRI scanners, warned of a nearly 26 per cent fall in full-year profit. It added that it expects revenue for the second half to be below market expectations. Shares in [...]
Top seeds make Australian Open progress as title bids gather pace January 22, 2015 WORLD No1 Novak Djokovic’s quest for a fifth Australian Open title remains on course after dismantling Russia’s Andrey Kuznetsov in the second round at the Rod Laver Arena in Melbourne yesterday. Djokovic showed few signs of the virus which has hampered him in recent weeks and secured a straight-sets 6-0, 6-1, 6-4 victory in just [...]
State of the Union hints at Obama’s lame duck term January 22, 2015 There has been a growing trend in the State of the Union address the President gives each year. He stands before Congress and begins to alternate between populist appeals, personalised stories, and non-starter policy proposals. This year was no different, although there is a possibility that a couple minor changes may be made. Little of [...]
Russia’s Kalashnikov to be made in the US after sanctions import ban January 21, 2015 The infamous AK-47 assault rifle, also known as the Kalashnikov, will begin production in the US for the first time after imports of the weapon were banned under sanctions imposed on Russia by the US government. RWC, the US company with exclusive rights to import and sell the weapon in the country, will start making [...]
Alpari shareholder Andrey Dashin:”I tried to wind it up a year ago” January 21, 2015 Another chapter in the increasingly dramatic administration of spreadbetter Alpari, after its largest shareholder went on the record to explain that he tried to wind it up a year ago because he was worried about its lack of financing. Andrey Dashin told industry site Forex Magnates that its current situation is "a natural consequence of [...]
UK bosses expect higher growth than elsewhere in Europe January 20, 2015 The UK’s chief executives are more confident about growth this year than their counterparts in the rest of Europe, while the US stands out among developed nations. That is according to an annual survey of bosses that found that 39 per cent of UK bosses said they were “very confident” about growth prospects in 2015, [...]
MPs urge govt to help protect dairy producers January 20, 2015 MPs urged the government yesterday to do more to protect dairy farmers against falling milk prices. A report published by the parliamentary Environment, Food and Rural Affairs (Efra) Committee Groceries Code Adjudicator suggests a raft of measures to help the dairy industry deal with volatile market. It wants the role of the Groceries Code Adjudicator [...]