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 ...

Russian restaurateurs wrangle with food import ban

Aug 12, 2014

Russian restaurateurs wrangle with food import ban

Moscow’s sweeping sanctions on European food have sent Russian restaurateurs, retail chains and food producers scrambling for alternative supplies and bracing for Soviet-style shortages. The tit for tat trade restrictions — a response to U.S. and EU sanctions imposed over Russia’s actions in Ukraine ...

Ukraine loyalists say they're close to taking rebel-held area

Aug 11, 2014

Ukraine loyalists say they're close to taking rebel-held area

The Ukrainian military said Monday it was preparing for a “final stage” of taking back the city of Donetsk from pro-Russian separatists after making significant gains that have split rebel forces on the ground. Spokesman Andriy Lysenko said Kiev’s troops had cut Donetsk off ...

Aug 11, 2014

Putin meets with Armenia and Azerbaijan leaders

Russian President Vladimir Putin held a joint meeting Sunday with the leaders of Azerbaijan and Armenia, as concerns mount over the escalation of fighting over the South Caucasus region Nagorno-Karabakh. Putin met with Armenian President Serge Sarkisian and Azerbaijan President Ilham Aliyev in Sochi ...