Economy & Politics
Oklahoma and Nebraska sue Colorado over legalization of marijuana
Oklahoma and Nebraska have asked the US Supreme Court to nullify a 2012 law that made marijuana legal in Colorado. The two states allege that...
Cuba policy: Barack Obama’s opponents threaten to block changes
Congressmen who are against President Barack Obama's new Cuba policy have threatened to block his efforts to restore diplomatic relations after 50 years of...
Ruble crisis: Vladimir Putin insists Russian currency’s dramatic fall will stabilize
Russian President Vladimir Putin has sought to ease fears over his country's economy, insisting that the dramatic fall in the ruble will stabilize. Speaking at...
Ruble crisis: Russian currency regains some ground from all-time low
The Russian ruble has regained some ground from yesterday's all-time low, although trading remains edgy and volatile. The currency opened 4% lower on December 17,...
Jeb Bush 2016: George Bush’s brother actively explores presidential run
George W. Bush’s brother, Jeb Bush, has announced he himself is looking into running for the White House in 2016. Former Florida Governor Jeb Bush...
Russian ruble crisis continues despite central bank’s decision to raise interest rates to 17%
The Russian ruble went into free-fall in December 16 trading, falling repeatedly to hit record lows, despite the central bank's dramatic decision to raise...
2014 Ruble Crisis: Russia’s central bank raises key interest rate from 10.5% to 17%
Russia's central bank has raised its key interest rate from 10.5% to 17% overnight. The bank said the move was to try to ease the...
Russian ruble reaches new low against US dollar
The Russian ruble has fallen to a new low against the US dollar, as falling oil prices and Western sanctions continue to weigh on...
Japan elections 2014: Shinzo Abe re-elected in low turnout polls
PM Shinzo Abe's ruling coalition has won a new two-thirds majority in Japan’s parliamentary elections seen as a referendum on his economic policy. Japanese media...
Haiti: PM Laurent Lamothe steps down amid violent protests
Haiti's PM Laurent Lamothe has resigned amid violent anti-government protests over delayed elections. "I am leaving the post of prime minister this evening with a...
Japan snap elections 2014: Shinzo Abe’s coalition expected to win majority
Japan is voting in a snap election called by Prime Minister Shinzo Abe to boost support for his economic reforms. Voters will be choosing who...
Senate approves anti-ISIS spending bill
The Senate has passed a new annual defense bill expanding the military campaign against Islamic State (ISIS). The bill approves a general Pentagon budget of...
Oil prices fall further after IEA 2015 forecast
Oil prices have fallen further after the International Energy Agency (IEA) forecast weaker demand in 2015. The IEA, a consultancy to 29 countries, said supply...
EU food allergy laws force restaurants to inform customers on 14 everyday allergens
According to the new EU legislation, restaurants and takeaways across Europe will be required by law to tell customers if their food contains ingredients...
US spending bill 2015: House passes $1.1 trillion budget hours before shutdown
Hours before government was due to shut down at midnight on Thursday, December 11, the House has passed the US $1.1 trillion budget. The Republican...
Robert Mugabe sacks Zimbabwe’s VP Joice Mujuru over murder plot
Zimbabwe’s President Robert Mugabe has dismissed his vice-president, Joice Mujuru, after accusing her of plotting to kill him. Robert Mugabe also sacked seven other ministers...
US economy creates 321,000 jobs in November
According to Labor Department latest figures, the US economy added 321,000 jobs in November, while the unemployment rate stayed at 5.8%. The number of jobs...
Robert Mugabe accuses VP Joice Mujuru of plotting to assassinate him
Zimbabwe's President Robert Mugabe has spoken of his anger that his embattled VP Joice Mujuru allegedly plotted to assassinate him and accused her of...
Vladimir Putin delivers annual address to Russian parliament
President Vladimir Putin has delivered his annual state of the nation address to parliament. Speaking to both chambers in the Kremlin, Vladimir Putin condemned Western...
Sweden: PM Stefan Lofven to call snap elections after losing budget vote
Swedish PM Stefan Lofven says he will call snap elections after his minority government lost a budget vote less than three months after coming...
Russian government warns about recession in Q1 2015
Russia’s economy will fall into recession in 2015 as Western sanctions, in response to the country’s role in eastern Ukraine, and falling oil prices...
Moldova elections 2014: Pro-EU parties take narrow lead over pro-Russia rivals
The Moldovan pro-EU parties have a narrow lead over those backing closer ties with Russia, the latest results from the country’s parliamentary elections show. With...
Swiss gold referendum rejected by 78% of voters
The Swiss referendum that would have required the Swiss National Bank (SNB) hold 20% of its reserves in gold has been rejected by the...
Moldova elections 2014: Contest between pro-EU parties and pro-Moscow forces
People in Moldova are heading to polls to vote in parliamentary elections which are widely seen as a contest between pro-EU parties and those...
Taiwan elections 2014: PM PM Jiang Yi-huah resigns after ruling pro-China party loses poll
Taiwan PM Jiang Yi-huah has resigned after his ruling pro-China party suffered stiff defeats in local elections. The Kuomintang party (KMT) appears to have lost...
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