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  • Ukraine to block Russian aid convoy

    August 12, 2014

    A Russian aid convoy will be turned back from the Ukrainian border amid fears the mission may be used to send in soldiers.  The Ukrainian government has said that the convoy lacks Red Cross (ICRC) certification and will not be allowed to enter the country. If the aid is to cross the border, a Ukrainian [...]

  • NATO fears Russian aid to Ukraine may disguise invasion

    August 11, 2014

    TENSIONS between Russia and the West threatened to flare up again yesterday as President Putin vowed to press on with plans to send an aid convoy into eastern Ukraine. It comes as the Russian leader, blamed for arming rebels and stoking conflict in the ex-soviet state, has amassed 45,000 troops on the border with its [...]

  • New York Report: US equities continue rally

    August 11, 2014

    US stocks ended higher yesterday, extending the rally from Friday as investors hoped that Russia’s move to send humanitarian aid to Ukraine would ease tensions between the two countries. Earlier in the day, NATO chief Anders Fogh Rasmussen warned of a “high probability” that Russia, using the guise of a humanitarian mission, could intervene militarily [...]

  • Reigning champions City edge towards FFP transfer limit with Mangala capture

    August 11, 2014

    REIGNING Premier League champions Manchester City have taken their net summer spend within range of the maximum stipulated under sanctions imposed by European governing body Uefa after splashing out £32m on defender Eliaquim Mangala from Porto. The 23-year-old has signed a five-year-deal at the Etihad Stadium and joins fellow new recruits Willy Caballero, Fernando, Bacary [...]

  • Russia to send humanitarian convoy to Ukrainian rebels

    August 11, 2014

    Russia is to send a Red-cross aid convoy to the Ukrainian rebel stronghold of Luhansk. Western governments including Ukraine have been opposed to Russia's sending of aid, but have softened their stance. Nevertheless there was a clear warning to the Kremlin, as the EU Comission chief cautioned Vladimir Putin's government not to engage in unilateral [...]

  • West warns Russia not to use humanitarian mission as a pretext to invade Ukraine

    August 9, 2014

    The UK and US governments have advised Russia against using humanitarian assistance as a cover-up for sending troops to eastern Ukraine.    "I am deeply concerned by reports of an increased flow of heavy weapons crossing into Ukrainian sovereign territory from Russia and by reports of Russian armed forces exercising for a 'humanitarian intervention' in [...]

  • Stock markets dip after US approves air strikes on Iraq

    August 8, 2014

    Stock markets have taken a hit in the wake of Barack Obama's decision to authorise air strikes on Iraq, with investors seeking safe haven assets. The price of crude has also risen to $105.76 a barrel. According to a Pentagon spokesman, the US has conducted an airstrike on Islamic State artillery used against Kurdish forces [...]

  • Film Review: Welcome to New York

    August 8, 2014

    ★★★★☆ Welcome to New York is a grotesque character study of the French head of a world bank – not to mention Presidential hopeful – who stands accused of raping a maid in a New York hotel. Director Abel Ferrara’s film is certainly bold. In fact, you wonder how he got away with it: the [...]

  • Coca-Cola bottler HBC wobbles as Russian tensions hurt sales

    August 8, 2014

    SHARES of Coca-Cola HBC, the largest bottler of the soft drinks company in Europe, tanked yesterday after it warned that volumes would fall for the rest of the year, citing a “sudden deterioration” in Russia, its biggest market. The world’s second largest bottler of Coca-Cola drinks saw its shares fall 5.3 per cent on the [...]

  • Relief for Shaft Sinkers after £37m Kazazh drilling contract

    August 8, 2014

    SOUTH African mine-shaft excavators Shaft Sinkers yesterday signed a £37m contract with Kazchrome to work on their Skipovaya project in Kazakhstan. The news marks a welcome change in Shaft Sinkers’ affairs following a 60 per cent share price collapse a year after being caught up in an oligarchs’ dispute between Russian fertiliser giant EuroChem and [...]

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