Russia’s counter-sanctions: Used cars and clothes September 12, 2014 The new EU sanctions to be levelled at Russia from this morning will be harsh. They will further restrict Russian oil firms such as Rosneft, Transneft and Gazprom from borrowing or raising capital on the EU markets. This is a big deal for the Russian companies, with Rosneft already having gone cap in hand to the [...]
Russia sanctions: Private flights to Nice down 5pc as jets grounded September 12, 2014 Western sanctions are grounding private jets and disrupting the holiday plans of wealthy Russians, according to Bloomberg. The measures are aimed at restricting travel for leading Russian business people and the article quotes Umberto Vallino, head of business aviation development for Nice, Cannes and St. Tropez airports, as confirming a first drop in private air traffic [...]
EU leaders give green light to Russia sanctions September 11, 2014 EUROPEAN leaders have agreed a plan to enact tough new sanctions on Russia over the conflict in Ukraine. The decision was made yesterday morning and the sanctions, which are expected to further restrict the import of dual-use goods, restrict bank loans and make it harder for Russia to do business with the EU on oil [...]
Ukraine conflict casts a chill on Gazprom as profits fall sharply September 11, 2014 GAZPROM took a huge blow to its profits in the first three months of 2014, as the conflict in Ukraine and a weaker rouble took their toll on the massive Russian gas supplier. Net profits at Gazprom, Russia’s largest company, fell 41 per cent in the first half of 2014 compared with a year before, [...]
iPhone 6 and iPhone 6 Plus UK release date and prices: Pre-orders begin at Apple, EE, O2, Three and Vodafone September 11, 2014 Apple fans eager to get their hands on the shiny new iPhones revealed on Tuesday won’t have long to wait. Both devices are available for pre-order from today in the UK ahead of their release on 19 September. The devices can be ordered directly from Apple online as well as from the major mobile networks [...]
The five questions Obama must answer to prove Iraq disasters won’t be repeated September 11, 2014 We, the people, are the boss, and we will get the kind of political leadership, be it good or bad, that we demand and deserve.” – John F Kennedy, Profiles in Courage I HAVE a theory about those of us engaged in politics or political analysis; each of us will have a “Profiles in Courage” [...]
European sanctions against Russia will come into force tomorrow September 11, 2014 Trade sanctions against Russia agreed by EU countries will come into force tomorrow, it was reported today. Although details of the sanctions have yet to be unveiled, they are expected to be the toughest imposed on Russia so far, including strict measures against Russian energy companies that are also likely to hit Western oil firms, [...]
Russia cutting gas supply to Poland by 20pc September 10, 2014 POLAND and Germany yesterday announced that Russia had cut their gas supply, with Warsaw saying it was down 20 per cent. Some European officials believe Moscow could use gas supply disruptions as its trump card in a confrontation over Ukraine that has already brought ties between Moscow and the west to their lowest since the [...]
Ryanair says better customer service has increased passenger numbers September 10, 2014 Ryanair has said improvements to customer service- which was largely non-existent before boss Michael O’Leary’s change of heart about his no-frills approach- has increased the number of passengers per flight by at least six compared to last year. The budget airlines chief finance man Howard Millar said better customer service and the way it sold [...]
US finalises new Russia sanctions plan as EU hesitates September 9, 2014 The US is putting the finishing touches to a new tranche of sanctions aimed at Russia, including powers to curb the nation’s defence, energy and financial sectors, it announced yesterday. The US government is seeking both to “deepen and broaden” existing sanctions against President Vladimir Putin’s government, following continued unrest in eastern Ukraine. State department [...]