Ukraine rebels gearing up for eastern counterstrike

Aug 17, 2014

Ukraine rebels gearing up for eastern counterstrike

Pro-Russian separatist fighters in eastern Ukraine are receiving new armored vehicles and fighters trained in Russia, and plan to launch a major counteroffensive against government forces, a rebel leader said in a video released on Saturday. The four-month conflict in eastern Ukraine has reached ...

Aug 16, 2014

Russia denies military column entered Ukraine, was largely destroyed

NATO on Friday said a Russian military column ventured into Ukraine overnight on Thursday, and Ukrainian President Petro Poroshenko’s said Ukraine forces destroyed most of it. Russia denied all of this, but the reports spooked global markets and overshadowed optimism driven by agreement over ...

Aug 15, 2014

Vodka: market riches after communism's fall

by Alexei Bayer

Early on, Russia's Yeltsin government (1991-1999) imposed heavy tariffs on the import of medicines and staples while granting societies of the handicapped and sports clubs the ability to import vodka without tariffs. It marked a new era in the country's economic history.

Kiev, Moscow parry over Russian aid convoy

Aug 15, 2014

Kiev, Moscow parry over Russian aid convoy

In a diplomatic game of chicken, a large Russian aid convoy rolled toward the Ukrainian border on Thursday — but toward a crossing controlled by pro-Russian rebels instead of a government post as Ukraine had demanded. Ukraine’s government threatened to block the convoy if ...

Aug 14, 2014

Eurozone growth grinds to a halt

The eurozone’s economy unexpectedly stalled in the second quarter of the year, dragged down by shrinking growth in Germany and stagnant France, ringing alarm bells about the health of the bloc’s economy as it braces for impact of sanctions against Russia. The 18 countries ...

Aug 14, 2014

U.S. recognizes Japan's sovereignty over Russian-held isles: official

The United States recognizes Russian-held islands off Japan’s northernmost main island as belonging to Japan, a U.S. official said Wednesday, speaking in connection with Russian military drills conducted in the disputed territory earlier this week. “The United States recognizes Japanese sovereignty over these islands,” ...

Ukraine says Russian aid convoy will be stopped at border

Aug 12, 2014

Ukraine says Russian aid convoy will be stopped at border

A convoy of 280 Russian trucks reportedly packed with aid headed for eastern Ukraine on Tuesday, but Ukraine said it would deny the mission entry because it has not been certified by the Red Cross and could be a covert military operation. The International ...

Aug 12, 2014

How vodka limits hastened the USSR's demise

by Alexei Bayer

When the Soviet Union finally disintegrated at the end of 1991, Boris Yeltsin, the new Russian leader, decided not to repeat Mikhail Gorbachev's error of restricting access to vodka. Some say it was Gorbachev's sober way of life — and his attempt to impose ...

EU officials seek to limit impact of Russia's food import ban

Aug 12, 2014

EU officials seek to limit impact of Russia's food import ban

European Union regulators on Monday began analyzing, product by product, the impact of a Russian ban on EU food imports and agreed on emergency measures to support peach and nectarine growers in what they described as a “signal of intent.” The Russian ban, announced ...