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Merkel Challenged on Russia by Ex-Chancellor Putin Friend

Former German Chancellor Gerhard Schroeder urged an end to sanctions on Russia, clashing with his successor Angela Merkel over relaxing penalties imposed in the conflict over Ukraine. As Schroeder evoked German-Russian friendship today at a conference co-sponsored by Russian gas exporter OAO Gazprom (GAZP), an official familiar with German policy making warned that the sanctions, […]

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Ukrainian Truce Frays as Rebels Step Up Airport Attacks

Ukrainian government forces repelled a separatist assault on the Donetsk airport and shelling killed 10 civilians in the eastern city, fraying a cease-fire that had curtailed violence and casualties for most of last month. Government forces still hold the airport of the biggest city in the combat zone after repelling a one-hour attack this morning, […]

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US Stocks Plunge Over Unrest In Hong Kong

U.S. Stocks Fall, Bonds Gain Amid Data; Europe Shares

. U.S. stocks tumbled with European equities, while Treasuries rallied amid growing signs of economic weakness in the euro area as the Federal Reserve remains on pace to end bond-buying this month. The Standard & Poor’s 500 Index (SPX)declined 0.7 percent at 12 p.m. in New York. The Russell 2000 dropped 0.6 percent and is […]

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US launches air strikes against Isil in Syria

U.S. Enlists Arab Allies for First Airstrikes in Syria

The U.S. and Arab allies launched airstrikes in Syria targeting Islamic State and an al-Qaeda-linked group in what PresidentBarack Obama called a “powerful message to the world” that America will do whatever is necessary to eliminate terrorist havens. Fighter jets, bomber aircraft and Tomahawk missiles were used to hit 14 Islamic State targets near their […]

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