Archive for June 16, 2015

Greece’s Economy Will Be Locked Down With Capital Controls If There’s Not Any Deal By This Weekend

Originally posted on Eyes on Europe & Middle East News:
The German Online Journal Spiegel says that what is happening now it is not good for Greece’s future. According to the re- ruptured talks of this weekend and their halt makes obvious how serious the situation is one can guess about if taking into consideration the basis…

Russia Cuts US Debt Holding By More Than 40% Over Year

Russia held US Treasury bills worth $66.5 billion as of April this year, according to the latest monthly report from the US Treasury. That compares with the $116.4 billion held a year ago. From March to April 2015, Russia sold $3.4 billion in US Treasury bonds, reported US Department of the Treasury Monday. Since August 2014, … Continue reading

Russia’s E-commerce: After Alibaba’s Expansion, Now China’s JD.com Enters The Market

“Chinese online retailer JD.com (Jingdong Mall) has chosen Russia as the first overseas market for its expansion, said company’s official Victor Xu. The firm aims to become an e-commerce leader in the Russian market within five years,” RT reports. “At the beginning we plan to provide Russian consumers with the best Chinese goods. And later … Continue reading

Russia Adding Dozens Of Intercontinental Missiles To Arsenal

Russian President Vladimir Putin says the military will add more than 40 new intercontinental ballistic missiles (ICBMs) to its arsenal this year capable of “penetrating” any current missile defense systems. Putin said at the opening of the Army-2015 arms show in Alabino, west of Moscow, on June 16 that the ICBMs are part of Russia’s … Continue reading

Georgia: Blame Game Starts As Tbilisi Clears Up

Back in what remains of Tbilisi zoo, Begi – who by now may be the world’s most famous hippopotamus, lies down in the elephants’ pen watered and fed by Goga, his exhausted carer. Images of the 16-year-old mammal went viral on social media as he wandered around one of Tbilisi’s main squares following floods that … Continue reading

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