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West must tell Ukraine how long support will last – security chief

Kiev’s backers been unable to define what their ‘as long as it takes’ pledges mean, according to Aleksey Danilov The West does not have a clear picture of how the Ukraine conflict will end, Secretary of the Ukrainian National Security and Defense Council Aleksey Danilov lamented in a TV interview on Friday.

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Billionaire issues dire warning for US economy

A US debt crisis is looming as the American economy is facing a “risky” fiscal situation, according to the founder of the world’s largest hedge fund, Bridgewater Associates, Ray Dalio. Dalio’s warning comes as the country’s national debt topped $33 trillion this month. US lawmakers are currently negotiating a spending bill before the October 1…

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Time to ‘kill’ SWIFT – top banker

Moscow and its trade partners should switch to transactions in national currencies, Andrey Kostin believes Russia should abandon the use of the Western-controlled global financial messaging system SWIFT, the head of Russia’s second-largest bank has argued.

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