Russia’s largest publicly traded holding company AFK Sistema has lost about 37 percent of its value in Moscow by midday, after boss Vladimir Yevtushenkov was put under house arrest for alleged money laundering late Tuesday.
All eyes were on Apple’s big unveiling on Tuesday — or at least that was the plan — but computer issues kept many people around the globe from watching a live broadcast of the Silicon Valley giant’s highly-anticipated product launch.
The US and the EU are no longer in a position to make grandiose, unconditional threats of imposing new sanctions on Russia, as such a move will negatively reflect on stock markets around the world, US republican politician John Griffin told RT.
Russia has jumped to a 53rd position on the Global Competitiveness Report in 2014, gaining 11 points and being named among three states which recorded higher values in all areas since 2010. This is the country’s biggest leap ever.
Inequality between the richest and poorest metropolitan areas in the US is at its highest since 1969, and could hamper the recovery of the housing market that was at the heart of the 2008 financial crisis.
Russia and the EU have to look for a basis for a new dialogue of non-confrontation as they should be strategic partners working for consolidation of peace and normal economic life, Kostas Isyhos from Greece's left-wing SYRIZA party told RT.