Perez: Bianchi horror smash is not acceptable October 9, 2014 DISGRUNTLED Force India driver Sergio Perez has described the horrific crash which left Jules Bianchi with severe head injuries and fighting for his life as “totally unacceptable”. Frenchman Bianchi remains in intensive care after suffering a diffuse axonal injury when his Marussia car smashed into the recovery vehicle attending to Adrian Sutil during the Japanese [...]
Rouble falls to a new low against dollar and pound as sanctions bite October 8, 2014 President Putin celebrated his birthday yesterday, but it's just as well he is a tee-totaller because Russia's currency is probably giving him enough of a headache to worry about. The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit [...]
Murray stutters as Nadal admits to appendicitis October 7, 2014 BRITAIN’S Andy Murray suffered a minor hiccup on his way to a first-round victory at the Shanghai Masters yesterday – though it was nothing compared to world No2 Rafael Nadal’s abdominal problems. Murray made repeated forehand errors in his second set against Russian Teymuraz Gabashvili before winning 6-1, 7-5 to set up a meeting with [...]
Russia optimists are making an increasingly implausible case October 6, 2014 A potential economic outcast is a bad place to invest money. Russia's economy has taken a battering this year. The conflict in Ukraine and the subsequent sanctions tit-for-tat with the West has delivered an enormous blow to confidence, with some of the country’s largest companies now all but locked out of dollar debt refinancing [...]
Jim Mellon: Three things you didn’t know about the multi-millionaire fund manager October 6, 2014 1 He once ended up owning a nightclub in Manila due to non-payment of a debt. Luckily the debt was repaid. But for six months, he was the owner of the Firehouse Club, unbeknown to his employers. 2 He was once charged with accompanying the ex-Foreign Secretary, George Brown, on a trip around Japan. Then [...]
Economic warfare between the West and Russia only punishes the guiltless September 30, 2014 INCREASINGLY, I am receiving requests for legal support from Russian and Western individuals and businesses who are suffering from the economic sanctions imposed by the West on Russia, and from Russia’s counter-measures. The legality of these sanctions is dubious at best. They flagrantly violate the free trade principles enshrined in the World Trade Organisation treaty [...]
Russia sanctions remain until Ukrainian peace agreement in place, says EU September 30, 2014 The EU will maintain sanctions against Russia because of the ongoing violence in Ukraine, it decided today. At a meeting of EU ambassadors on Tuesday, the bloc ruled that the peace agreement between Ukraine and pro-Russian separatists "will need to be properly implemented" before sanctions are dropped. However an EU spokeswoman noted there had been [...]
UK superyacht industry buoyant as confidence at seven year high September 28, 2014 A flood of new orders may lead to even greater fortune for Britain’s £500m superyacht sector, with confidence in the industry at a seven- year high according to a new survey. The latest annual poll, carried out by industry body Superyacht UK, said 69 per cent of members rate prospects for the next 12 month [...]
Film review: The Equalizer September 26, 2014 It must be hard work running an international crime syndicate when so many members of the public have a background in killing people. Lately, it seems every man and his dog is in possession of a very particular set of skills, acquired over a long career, that make him a nightmare for prospective mega-villains. In [...]
Labour MPs speak out out against Ed Miliband’s mansion tax proposals September 25, 2014 LABOUR MPs yesterday hit out against Ed Miliband’s plan for a “mansion tax” on £2m-plus homes, which he has pledged to introduce to boost spending on the NHS. Hampstead MP Glenda Jackson joined Labour colleagues David Lammy and Margaret Hodge in warning that pensioners without the income to pay for the tax were likely to [...]