You are here

Russia

The Selling Is Back: S&P Futures Tumble Below 1,900; Sterling Crashes, Gold Soars

The Selling Is Back: S&P Futures Tumble Below 1,900; Sterling Crashes, Gold Soars

While the prevailing dour (or perhaps sour) overnight mood was a continuation of the weak oil theme which started yesterday after Iran said the production freeze proposed by Saudi and Russia as "ridiculous", and Saudi oil minister Al-Naimi said that Saudi won't cut supply and that high-cost producers need to either "lower costs, borrow cash or liquidate” (ideally the latter), risk sentiment was further dented when BOJ Governor Kuroda says he won’t target FX rates or stocks, which is clearly nonsense, and further spooked Japanese asset prices (Nikkei -0.85), while s

Putin: Syrian Ceasefire A Chance To End Bloodshed

Russian President Vladimir Putin has made a special address about the coming ceasefire in Syria, urging world leaders to use this opportunity to end bloodshed in the region.  The statement was published by the Kremlin on Monday. Friends, I just had a telephone conversation with President of the United States of America Barack Obama. The phone call was initiated by the Russian side, but the interest was certainly mutual. During our conversation, we approved joint statements of Russia and the US, as co-chairs of the ISSG, on the cessation of hostilities in Syria.

Russia Want To Fly A Surveillance Plane Over America

Russia have requested permission from the U.S. to fly a surveillance planed equipped with an electro-optical imaging sensor over America.  American officials have objected to the request but may have to grant permission nonetheless due to the Open Skies Treaty that both Russia and US signed – an agreement that allows for unarmed observation flights over 34 member nations. Engadget.com reports: The treaty was originally designed to increase the military transparency of member nations.

Pages