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Tag: Russia

Federal Reserve Is Getting Worried about Inflation

Federal Reserve Is Getting Worried about Inflation

Despite a plethora of naysayers who doubt the U.S. economy is really gaining steam, the Federal Reserve is positioning its own investments for higher inflation and rising interest rates. As I predicted in August, once the Fed’s balance sheet peaked at just

Ukraine Attempts New Cease-Fire in the East

Ukraine Attempts New Cease-Fire in the East

KIEV, Ukraine (AP) — Government troops and Russian-backed separatists largely suspended hostilities in east Ukraine Tuesday in a fresh attempt to revive a largely ignored cease-fire deal. The lull in fighting followed a proposal by Ukrainian President Petro Poroshenko to

Big Payout to Somalian Pirates After Human Rights Case

Big Payout to Somalian Pirates After Human Rights Case

The European Court of Human Rights has ruled the French government should compensate a group of Somalian pirates, because they had their ‘right to freedom and security’ “violated” after they were arrested in 2008.  The court found that because it

Vladimir Putin Praises Chechen’s Response to Attacks

Vladimir Putin Praises Chechen’s Response to Attacks

Russian President Vladimir Putin praised and thanked the Chechen government for responding to an attack in the capital of Grozny late Wednesday night. Chechen President Ramzan Kadyrov attended Putin’s state of the nation address on Thursday. “Now the ‘rebels’ once

Greek PM Outraged by British Museum Sculpture Loan

Greek PM Outraged by British Museum Sculpture Loan

LONDON (AP) — The British Museum has loaned one of the Parthenon Marbles to Russia’s Hermitage Museum — the first time in 200 years that any of the ancient sculptures has left Britain. The move outraged Greece, which has demanded

Putin’s Pipeline ‘Gambit’ Leaves West Unimpressed

Putin’s Pipeline ‘Gambit’ Leaves West Unimpressed

Was he flexing his muscles or beating a retreat? Opinions are divided over Russian President Vladimir Putin’s surprise announcement to abandon Moscow’s $50 billion South Stream gas pipeline. Some analysts viewed the unexpected December 1 decision to scrap the project

Russia Warns of Recession Next Year

Russia Warns of Recession Next Year

MOSCOW (AP) — The Russian government has for the first time acknowledged that the country will fall into recession next year, battered by the combination of Western sanctions and a plunge in the price of its oil exports. The economic

Russian Gays Seek Asylum in America

Russian Gays Seek Asylum in America

Conditions for openly gay and lesbian Russians have become so dire that America is experiencing a surge in the number of LGBT Russians seeking asylum in America from Russian President Vladimir Putin’s tyranny against them. Several asylum-seekers spoke with the

Report: Homeless Man Paid to Throw Fight to Mickey Rourke

Report: Homeless Man Paid to Throw Fight to Mickey Rourke

Last week’s boxing match between 62-year-old actor Mickey Rourke and 29-year-old professional boxer Elliott Seymour is now reported to have been staged.  Rourke, who sparred with Seymour for two rounds, won the fight in the second after taking his opponent

EU Moves Eastward with Tusk Taking Presidency

EU Moves Eastward with Tusk Taking Presidency

BRUSSELS (AP) — Former Polish prime minister Donald Tusk is pushing the European Union’s center of political gravity eastward by taking over the EU presidency from Belgium’s Herman Van Rompuy. Monday’s transition ceremony highlighted the increasing power of Poland within