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Emirates turns back flight to Kiev after Malaysian 777 shot down

Emirates Airline turned a plane bound for Kiev last night back to Dubai and suspended all flights to the Ukraine after a Malaysian 777 was shot down over territory held by separatist rebels with the…
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Posted on 18 July 2014 Categories: Bond Markets, Business Travel, Gold & Silver, Oil & Gas, US Stocks

Is the Russian war in Ukraine going to be a black swan for financial markets?

When Reuters reported a column of around 100 armored vehicles moving across the Russian border with Ukraine this weekend you could be forgiven as a humble reader for thinking that the invasion had already begun.…
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30,000 Saudi troops to Iraq border as Islamic State takes key Syrian oil field

Saudi Arabia has sent 30,000 troops to its border with Iraq after the removal of Iraqi forces from their posts leaving the Saudi and Syrian borders unguarded, while the Islamic State announced the capture of…
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Ukraine resumes military offensive calling Mr. Putin’s bluff

The Ukraine has resumed its military operation to clear the separatists out of the eastern region after deciding against a continued ceasefire for talks.
Russian President Vladimir Putin issued a statement claiming that this was…
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Kurdistan plans independence referendum to leave Iraq

Iraq is moving closer and closer to a three-way split with the Sunni rebels declaring an Islamic Caliphate and Kurds requesting a far more orderly break up like when Czechoslovakia split up.
Bloomberg reports that…
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Posted on 01 July 2014 Categories: GCC Economics, Oil & Gas, US Stocks

Spiking oil and food prices begin to hit US consumers

US consumer price inflation at the gas pump and food store are running at five to six per cent this summer, according to CNBC. Blame the geopolitics of Iraq and Ukraine for the surging cost…
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Posted on 01 July 2014 Categories: Global Economics, Oil & Gas, US Stocks, Video Channel

Gold spikes to $1,332 as Ukraine ends cease fire and orders rebels out

Gold spiked to $1,332 an ounce, its highest level in many months, as a cease fire in the Ukraine came to an end yesterday without any progress in resolving the breakaway and insurrection in the…
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Posted on 01 July 2014 Categories: Gold & Silver, Oil & Gas, US Dollar, US Stocks

Start of Ramadan and ending of Ukrainian ceasefire to spike oil prices

Oil prices will spike higher next week as the Holy Month of Ramadan started today and militants are expected to strike at Baghdad while the fragile Ukrainian ceasefire ends on Monday with the Russian side…
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VIX fear indicator jumps as Dubai sell-off and Iraq violence rattle US stocks and traders say market feels different

The VIX fear indicator has its biggest gain on Wall Street in two months, up 10 per cent on concerns that the Dubai sell-off might be the start of a wider move lower in global…
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Posted on 25 June 2014 Categories: GCC Stock Markets, Oil & Gas, US Stocks, Video Channel

Russian mobilizes 65,000 troops with 5,500 pieces of heavy equipment as ceasefire fails to hold in the Ukraine and Iraq falls

Judge a politician by what he does rather than what he or she says. Russia has put 65,000 troops on combat alert over the weekend with 5,500 pieces of heavy equipment while voicing support for…
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