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Tuesday, 26 June 2012 10:47 |
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There's a new sheriff in town and he's bringing law and order to the Wild Middle East. He's making everyone realize that each has more to gain by cooperation rather than agitation. "You can't make money if your customer is dead", he'll say. "The more customers you have the more money you can make". Money talks, suckers walk... |
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Tuesday, 26 June 2012 07:22 |
Spencer Platt / Getty Images / AFP Russian stocks are expected to open in the red on Tuesday as Moody’s downgrade of 28 Spanish banks dented investors’ hopes on the euro crisis solution. Overnight Moody's rating agency cut the ratings of 28 Spanish banks following a June 13 downgrade of Spain's sovereign rating by three notches. U.S. stocks tanked... |
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Tuesday, 26 June 2012 02:42 |
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Turkey claims Syria also shot at one of its search and rescue planes, as diplomats prepare for Nato meeting Turkey has sharply raised the stakes in a military standoff with Syria, claiming one of its search and rescue planes was shot at as it tried to find a Turkish jet shot down on Friday by Syrian gunners. Bülent Arınç, the deputy prime minister, s... |
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Monday, 25 June 2012 23:36 |
A close-up of the opening page of the ratings agency Moody's website (AFP Photo / Joel Saget) Ratings agency Moody's has cut the ratings of 28 Spanish banks following a June 13 downgrade of Spain's sovereign rating by three notches. The banks' long-term debt and deposit ratings have been downgraded by one to four notches. The rating of Bankia, one... |
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Monday, 25 June 2012 17:05 |
Russian President Putin speaks during his address at the opening of the St.Petersburg International Economic Forum in St.Petersburg (RIA Novosti) The three-day international forum in St. Petersburg has once again proved to be a fertile ground for sowing the seeds of cooperation with the total value of agreements signed reaching $11 billion... |
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Monday, 25 June 2012 15:22 |
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Ship carrying air defence systems and helicopters that was forced to return to port has been refitted with Russian flag A Russian ship carrying attack helicopters that was prevented from sailing to Syria has been refitted with a Russian flag, rousing suspicions it is preparing for a second attempt. The MV Alaed, carrying air defence systems and... |
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Monday, 25 June 2012 14:17 |
The Fitch ratings agency has lowered Cyprus's rating by one notch to BB+ from BBB- and kept a negative outlook, which means more downgrades are possible in the coming months due to a possible worsening situation in Greece. With the downgrade, Fitch is now in line with other major ratings agencies – Moody's and Standard & Poor's – in pushing Cypr... |
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Monday, 25 June 2012 14:06 |
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Russia's Bulava ICBM is of great interest to the investigations of the leading countries of the world. China is the first in the queue. Since 2005, the press has been leaking information about the start of China's ambitious program to develop its own missiles. They will be able to fly eight thousand miles, and after the modernization - 12,000... |
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Monday, 25 June 2012 13:57 |
Front View of Porsche 911 Turbo Porsche Automobil Holding has announced plans to complete the sale of the 50.1% stake in the sports car business to Volkswagen AG as quickly as possible to decrease its tax liability. Volkswagen currently owns a 49.9% stake in Porsche and wants to purchase the remaining 50.1%. Volkswagen plans to purchase the rest of... |
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Monday, 25 June 2012 13:17 |
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Talks will focus on halting Tehran's nuclear programme but will also cover Syria and Egyptian election The Russian president, Vladimir Putin, arrived in Israel on Monday with an entourage of about 400 ministers, advisers, security personnel and journalists on a state visit for talks focusing on sanctions against Iran. A fleet of planes from Moscow... |
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