IAAF president Sebastian Coe’s £100,000 Nike role brought under scrutiny from Eugene 2021 bidding process revelations November 25, 2015 IAAF president Lord Coe is under pressure to cut ties with Nike after emails revealed he discussed support for Eugene – near to where the sportswear giant has its headquarters – to stage the 2021 World Championships with a senior company executive. A BBC investigation uncovered an email between Nike exec Craig Masback and Eugene [...]
Doping scandal: Why Sebastian Coe must cut ties with Nike to signal dedication to athletics November 25, 2015 Lord Coe is facing the biggest challenge of his professional life. Widespread corruption and cover-ups are seemingly being unearthed as he settles into his new role as president of the International Association of Athletics Federations (IAAF). The heat will be cranked up on him further when he faces MPs this month to answer questions on [...]
Gazprom suspends gas deliveries to Ukraine over Kiev non-payment, as chief executive Alexei Miller warns of “serious risk” to Europe November 25, 2015 Russian energy giant Gazprom says it has suspended deliveries of gas to Ukraine after Kiev failed to make a pre-payment. Chairman Alexei Miller said Ukraine's Naftogaz had failed to make the payment and delivery was halted as a result, local media is reporting. "No new upfront payment has been made. As such, deliveries have been stopped until the [...]
Turkey’s downing of Russian jet may lead to break in joint projects, says Dmitry Medvedev as Russian pilot returns to his base after being rescued in Syria November 25, 2015 Russian Prime Minister Dmitry Medvdev has warned that yesterday's diplomatic incident, in which Turkey downed a Russian jet as it flew near the border with Syria, could lead to a break in partnerships between the two countries. Russia claims the SU-24 jet never strayed into Turkish airspace, while Turkey insists the plane's pilots – one of [...]
Autumn Statement 2015: Markets get spooked on political risks – London Report November 25, 2015 Woes in the travel and leisure sectors yesterday dragged down London’s blue-chip FTSE. The index closed down 28.26 points, or 0.5 per cent, at 6,277.23 points, extending the previous session’s losses. Russian President Vladimir Putin added to concerns after a Russian jet was shot down by Turkey on the Syrian border. The Russian leader described the [...]
Turkey shoots down Russian plane: Investors seek safety after Vladimir Putin’s strong remarks November 25, 2015 Vladimir Putin’s strong worded remarks following the downing of a Russian jet along the Turkish-Syrian border saw investors turn to safe havens and caused market jitters yesterday. The Russian President called Turkey’s actions a "stab in the back" and accused the country of being an "accomplice of terrorists". Putin, whose country has close economic ties [...]
Energy and oil drive Wall Street higher – New York Report November 24, 2015 Arise in energy stocks due to an increase in oil prices after Turkey shot down a Russian warplane near the Syrian border yesterday pulled New York indices up. The Dow Jones industrial average rose 19.51 points, or 0.11 per cent, to 17,812.19, the S&P 500 gained 2.55 points, or 0.12 per cent, to 2,089.14 and [...]
As Russia and Turkey square up, is Britain underestimating the risks of getting more involved in Syria? November 24, 2015 Dr John C Hulsman, a life member of the Council on Foreign Relations, and president of John C. Hulsman Enterprises, says Yes Easily the two most dangerous words leading to foreign policy catastrophes are “do something”. This amounts to the vague – but powerful – feeling that immediate action is required to right wrongs, however [...]
Nato to hold crisis meeting after Russian SU-24 jet shot down by Turkish F-16 warplanes over Syria: Moment captured on video November 24, 2015 Update: Russian President Vladimir Putin has slammed Turkey for shooting down a Russian jet this morning, saying it was "a stab in the back". A Russian SU-24 jet was shot down by Turkish warplanes near border with Syria this morning. Russia's military has contradicted previous Turkish claims that both of the jet's pilots are alive, [...]
Government bonds, the Swiss franc, the Japanese yen: Safe havens gain after Turkey downs Russia jet November 24, 2015 Investors piled into low-risk assets such as government debt and traditionally safe haven currencies following the downing of a Russian military aircraft by Turkish warplanes earlier today. It's still unclear exactly how significant the incident could be, although Russian President Vladimir Putin has condemned it as a "stab in the back", claiming it showed Turkey's support for terrorists. Turkey, a Nato member, claims [...]