Germany: Putin Accepts Merkel Contact Group Idea

The German government says Russian President Vladimir Putin accepted a proposal by Chancellor Angela Merkel for a fact-finding mission and a “contact group” on Ukraine that could be led by the Organization for Security and Cooperation in Europe.

Government spokesman Georg Streiter said the proposal came in a telephone conversation Sunday in which Merkel accused Putin of breaking international law with the “unacceptable Russian intervention in Crimea.”

The “contact group,” which Merkel’s foreign minister floated earlier Sunday, would be aimed at getting dialogue going between Russia and Ukraine.

 

http://abcnews.go.com/Politics/wireStory/germany-putin-accepts-merkel-contact-group-idea-22740153

Related Posts

  • 77
    A Russian occupation of Crimea raises the specter of the Cold War, in which the nuclear stalemate between the United States and the Soviet Union devolved into regional disputes around the world. While military and political frictions made the biggest headlines, the Cold War couldn’t be well understood without using…
    Tags: crimea, russian, ukraine, russia
  • 74
    The following article will appear in The New York Review’s November 20 issue. Europe is facing a challenge from Russia to its very existence. Neither the European leaders nor their citizens are fully aware of this challenge or know how best to deal with it. I attribute this mainly to…
    Tags: russia, europe, ukraine, putin, president, law
  • 74
    It’s never a good day when almost 10% of the value of the world’s largest country - Russia - is wiped out. Do you remember UK in 1997 ?
    Tags: russia
  • 74
    Crimea's parliament voted to join Russia on Thursday and its Moscow-backed government set a referendum within 10 days on the decision in a dramatic escalation of the crisis over the Ukrainian Black Sea peninsula. The sudden acceleration of moves to bring Crimea, which has an ethnic Russian majority and has…
    Tags: russia, crimea, russian, ukraine, president, government
  • 70
    When it comes to explaining Russia’s Ukrainian adventurism, the West has attempted to hide behind a wall of myths and hope its problems will just go away. There are all sorts of reasons to be stunned and perplexed today. Stunned by the reintroduction of the fears and phobias of the…
    Tags: international, ukraine, putin, russia

@Pimco wake up Twitter

Gross: So to keep the Chinese Yuan strong, the PBOC buys Treasuries. When they want the #Yuan to be weaker, wouldn’t they sell #Treasuries?

https://twitter.com/PIMCO/status/440212071125635072

https://twitter.com/TheStalwart/status/440211455015538688/photo/1

Related Posts

  • 61
    The yuan will be able to trade as much as 2% on either side of a daily central bank reference rate, compared with the current 1%  
    Tags: yuan, china
  • 54
    Last week, Forbes released its annual score card of top-earning hedge fund managers. The usual gang was there: Soros, Tepper, Cohen, Paulson, Icahn, Simons, Dalio, Griffin, et. al. That clickbait scorecard -- it worked on me -- and led to a strident column from Gawker, bizarrely titled "Fund Managers Are…
    Tags: hedge
  • 54
    This morning, the Wall Street Journal reported on funds that choose to tie their fates to the performance of companies led by women. Barclays’ Women in Leadership Total Return Index, which consists of American companies with a female CEO or whose proportion of female board members is at least 25 percent, is one…
    Tags: hedge
  • 54
    The global financial crisis did not start in 2008 but in 2007 when BNP Paribas and UBS AG suspended withdrawals from some of their funds. If the world is once again buffeted by a similar crisis thanks to the enormous splurge in Chinese lending and fears about the quality of…
    Tags: china, chinese, hedge

Russia invades Ukraine: beware of a risk off weekly opening

Russia invades Ukraine: beware of a risk off weekly opening

Related Posts

  • 88
    Currency traders are having their worst start to a year since 2010 as a dearth of trends in major foreign-exchange markets crushes their investment strategies. Deutsche Bank AG’s Currency Returns Index has dropped 0.3 percent since Dec. 31, dragged down by momentum trading, where investors looks for consistent moves in…
    Tags: currency, trading
  • 84
    Software AG  today unveiled the latest addition to its Apama market surveillance solution with alerts to identify FX (foreign exchange) market manipulation and benchmark fixing. Developed in partnership with tier one banks, these new alerts provide compliance and market monitoring personnel with in-depth monitoring of FX trading, to identify benchmark…
    Tags: trading, currency
  • 81
    In less than three weeks, the most important election of the year will take place in Switzerland, and you haven’t heard of it. While the U.S. focuses on the recent Republican victory, the financial markets are facing an earth-shaking event on November 30th. This Swiss election seeks to challenge the…
    Tags: currency, trading
  • 77
      With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic highs. But the…
    Tags: currency, trading
  • 77
    Citigroup's head of European spot foreign exchange trading, Rohan Ramchandani, has left the global bank, a spokesperson told Reuters on Friday. "He is no longer with Citi," bank spokeswoman Danielle Romero-Apsilos told Reuters. Asked if Ramchandani, who has been based in London, had been fired amid a global investigation into…
    Tags: currency, trading