The International Monetary Fund has given a green light for Ukraine to receive the second tranche of financial assistance totalling $1.39 billion, meaning more austerity measures for the already struggling economy.
Russia is taking steps to ensure that it protects itself from any future dollar or euro sanctions. Moscow boasts the world’s 5th biggest foreign exchange reserves and the 6th largest gold reserves. In total, the assets amount to over $1.5 trillion.
The UK economy is expanding at its fastest rate since 2007, performing better than any other economy in the G7. Despite the GDP boost, critics say that youth unemployment and wage depression point towards far deeper structural issues.
A United States senator is asking the US Drug Enforcement Agency to explain how an employee for the Amtrak train line got away with receiving over $850,000 from the DEA by working as a federal informant for nearly 20 years.
The US Congress is locked in a battle over immigration policy. The current phase of the discussion began with a mob of ‘Tea Party’ activists in California, who blocked a bus containing migrant youth from Guatemala and Honduras.
A police officer in central Texas has been placed on paid administrative leave while investigators consider whether a recent Facebook posting by the cop in which he discussed massacring food stamp recipients violated departmental policy.