Russian markets are getting slammed as fresh sanctions take hold

Markets Insider Russian markets are getting slammed on Monday, with the country’s RTS Index losing more than 10% by 1.oo p.m. BST (8.00 a.m. ET; 3.00 p.m. in Moscow). The ruble also fell following fresh sanctions from the US on Friday. “The US sanctions imposed on Russia last Friday have caused turmoil in Russia’s markets today […]

‘Are you pro-Putin? Do you hold secret meetings?’ – NY watchdog asks Russian pancake chain

The Russiagate-inspired frenzy seemingly hit a new low when a routine sanitary inspection in New York turned into an investigation into Putin ties and “secret meetings in the basement” at a well-known Russian food chain. A New York sanitary inspector posed “astonishing questions” to Teremok, one of Russia’s largest fast-food chains that specializes in traditional […]

Qantas announced plans for cargo class passengers – would you travel in the hold?

Qantas, the flagship carrier for Australia has floated the idea of launching a cargo ticket for passengers. The proposed plans would have passengers placed in a hold with room to exercise and sleep. The new zones would be fitted with exercise facilities and sleeping booths that would provide luxurious respite for passengers on long-haul flights. […]

EU’s ‘dictatorial’ nature helps US & UK hold sway in Skripal case – Senator Richard Black to RT

It didn’t take much effort for the US and UK to make the EU fall in line in the Skripal case, Virginia State Senator Richard Black told RT. The bloc is a “soft dictatorship” in which only key players need to be swayed, he said. The White House’s claims that it played a key role […]

3yrs of civilian deaths in Yemen don’t hold US & allies back from selling arms to Saudis – Amnesty

Hundreds of Yemenis have become victims of reckless arms sales by the US and its allies to Saudi Arabia, whose coalition has indiscriminately used Western weapons in its 3-year bombing campaign, Amnesty International has warned. The rights group has analyzed numerous instances in which Yemeni civilians, including women and children, were killed or injured by […]

North Korea reportedly agrees to hold summit preparation talks in March

North Korea has agreed to hold high-level talks with South Korea on March 29. A second summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un is being planned for some time in April. A team of three officials will be led by Ri Son Gwon, the chairman of North Korea’s committee […]

North Korea reportedly agrees to hold summit preparation talks in March

North Korea has agreed to hold high-level talks with South Korea on March 29. A second summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un is being planned for some time in April. A team of three officials will be led by Ri Son Gwon, the chairman of North Korea’s committee […]

Pyongyang agrees to hold high-level talks with Seoul on March 29 – South Korea

North Korea and South Korea are set to hold high-level talks on March 29, after Pyongyang accepted Seoul’s proposal to discuss the date and agenda items for an inter-Korean summit in April, the Ministry of Unification said Saturday. The meeting will take place in the Korean Demilitarized Zone, at the Truce Village of Panmunjom. The […]

Russian-made cars now hold lion's share of domestic market

Russians are buying a record number of domestically-made cars, according to a recent study by PwC. Sales have grown for the first time since the economic crisis. The share has grown to a record 83 percent from the 65 percent seen in 2012, the audit firm reports. In total, 1.475 million cars were sold last […]

Active fund managers hold fewer and fewer stocks

THE past decade has been tough for conventional “active” fund managers, who try to pick stocks that beat the market. They have been losing business to “passive” funds—those that try to replicate a benchmark, like the S&P500 index. Passive funds have much lower fees. Figures from Inalytics, a company that analyses fund managers’ portfolios, suggest […]