Russia showed no signs of yielding in the Crimea standoff as Ukraine’s prime minister prepared to meet U.S. President Barack Obama and western nations threatened further repercussions if Russia failed to defuse tensions.
Mikhail Khodorkovsky, the Russian ex-billionaire who spent a decade in prison after opposing President Vladimir Putin, in his most public criticism since being released in December backed the anti-Kremlin uprising in Ukraine and called for Western support against Russia.
Ukraine began military drills as Russian forces tightened their hold on the Crimean peninsula and the Foreign Ministry in Moscow warned of “lawlessness” in the former Soviet republic’s eastern provinces.
Mikhail Khodorkovsky, the former Yukos Oil Co. owner who was released after 10 years in prison by Vladimir Putin, said Ukraine’s “revolution” is legitimate and not an unconstitutional coup as characterized by Russia.
Employers are squeezing their workers’ retirement savings, holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules. Taken together, these measures are making it more difficult to save for old age.
At their White House meeting last week, U.S. President Barack Obama assured Greek Prime Minister Antonis Samaras of his support as Greece prepares for talks with creditors on additional debt relief amid record-high unemployment.
Nouriel Roubini , the economist who predicted the global financial crisis, said a new Marshall Plan- style fund should be set up for North Africa and the Middle East to stabilize regional economies, according to an article he wrote in Handelsblatt .
Europe needs a new Marshall Plan to help economic “reconstruction” in debt-crisis battered states just as the original plan helped rebuild the continent after World War II, German Social Democrat leader Sigmar Gabriel said.
Chancellor Angela Merkel will meet with leaders of the opposition Social Democrats today in a bid to lay the ground for a new German government, 12 days after she won her party’s best election victory since 1990.