President Putin wished “bon appétit” to G7 leaders who patronized Russia – excluded from the club over Ukraine – and set conditions it has to meet to restore ties with the West. Otherwise, Obama and his allies threatened, more sanctions would follow.
Ukraine’s President-elect Petro Poroshenko is ready to sign a deal establishing free trade between the EU and Ukraine, right after his inauguration on June 7. The agreement lies at the heart of the Ukraine crisis and he hopes it will help “restore peace".
Western policy towards Syria is rather like Western policy toward Crimea and Ukraine at the moment – it’s floundering around, talking big but really not having the will to act, political analyst Chris Bambery told RT.
Following the signing of the treaty of accession of Crimea and Sevastopol into the Russian Federation, there has been an outspoken backlash and threats from key G7 members, who are organizing a meeting next week.
Choosing to host the Olympics in Sochi was a ‘good choice’, and revenue will continue to flow into the city after the Games and attract more tourists and investors, says Deloitte, Heineken, and Swissotel.
On January 1, Russia began its Group of Eight presidency for 2014 and will host the 40th G8 Summit in the Olympic city of Sochi in June. This year’s G8 agenda will focus on fighting terrorism and drug trafficking, managing conflicts and disasters.
The successful adoption of the EU-US trade agreement promises both parties massive gains of up to $159 billion, but the profits could come at the expense of the everyday consumer, who could see the quality of their products diminish as a result.
The US –EU transatlantic trade deal, will go to a second round of talks in mid- November, but could hit a stumbling block over Germany’s demand for data protection as a condition to signing the treaty.