EU prepares to impose more sanctions on Russia following MH17 plane crash July 20, 2014 The UK, France and Germany have agreed that foreign ministers should “be ready” to impose additional sanctions on Russia when they meet on Tuesday next week, unless access to the crash site of flight MH17 is increased. Since the crash of the Malaysia Airlines plane into rebel-held territory in the east of Ukraine on [...]
Russia and Ukraine political row over MH17 moves online to wikipedia edits July 19, 2014 Russia and Ukraine’s political row over who is responsible for shooting down Malaysia Airlines flight MH17 has surfaced on wikipedia after a Russian state broadcaster was caught changing a wikipedia page about the disaster. A change was made to the Russian language wikipedia page on flight disasters by a user with the IP address for [...]
MH17 plane crash and US sanctions against Russia fuel oil price jump July 18, 2014 Global oil prices have risen steeply as fears of a prolonged period of heightened geopolitical tension, and its possible impact on oil supplies, grew following the downing of the Malaysia Airlines jet in eastern Ukraine. The crash of flight MH17 on route from Amsterdam to Kuala Lumpur on Thursday, which led to the loss of 298 [...]
MH17 plane crash: Markets slump as Malaysian Airlines share price falls July 18, 2014 European shares edged lower today, weighed down by geopolitical risks in the aftermath of the MH17 Malaysian Airlines crash over eastern Ukraine and the Israeli ground offensive in the Gaza strip. Investors reacted with caution to the uncertainty over how the downing of the jetliner would impact the ongoing conflict between Ukraine and separatists, as [...]
Malaysian Airlines flight MH17: Ukraine crash reignites crisis July 17, 2014 A passenger jet was shot down over Ukraine near the Russian border yesterday, killing around 300 people and straining the already tense geopolitical situation. Malaysia Airlines flight MH17 from Amsterdam and Kuala Lumpur lost contact with the ground at around 2:15pm GMT. Six of the passengers killed are believed to have been British, and 80 [...]
London Report: West’s sanctions on Russia and Malaysia jet crash hit FTSE July 17, 2014 BRITISH airline shares fell sharply yesterday on news that a Malaysian Airline Boeing 777 had been shot down over eastern Ukraine. The FTSE 100 finished 46.35 points down, or 0.68 per cent, on 6,738.32, while gold added $20 to $1,322 an ounce on increased tensions caused by the west’s tougher sanctions on Russia. British Airways [...]
MH17 plane crash: Investors sell off airline stocks, pile into gold July 17, 2014 Traders have reacted to news that a Malaysian Airlines plane has crashed in eastern Ukraine by selling off stocks, especially of airlines. Geopolitical fears over tensions between Ukraine and Russia have been resurrected, seeing investors move out of equities into traditional safe-haven assets, like gold. The precious metal is often seen as a hedge against [...]
EU leaders sign off on tougher Russian sanctions: Here’s the big change July 16, 2014 In an attempt to increase the pressure on Russian leaders over the ongoing crisis in Ukraine, the European Council has agreed that stiffer medicine will be needed. Following a declaration from the US, EU leaders have made one singificant change, agreeing to expand sanctions to those entities which provide "material or financial support to Russian [...]
Bank of England hits out at BIS report warning over low interest rates July 16, 2014 Recent international warnings on low interest rates from the Bank of International Settlements (BIS) were criticised yesterday by UK policymakers, who suggested the central bank hub was operating in a bubble secluded from political reality. Bank of England governor Mark Carney said that the report had been written in “the vacuum of Basel”, [...]
Russian hypermarket Lenta eyes expansion as its sales accelerate July 16, 2014 Russian hypermarket chain Lenta said it expects full-year sales to accelerate further despite the backdrop of a slowing economy, as it aimed to expand its presence across the country by a third. The group, which floated in London in February, expected sales to grow by 34 to 38 per cent this year, a step up [...]