Austria ready to host de-escalation talks with Russia – media

Austria has not reached out to Russia with an offer of mediation in the ongoing Ukraine conflict, Kremlin spokesperson Dmitry Peskov said on Wednesday. His comment came in response to a media report that the Alpine nation had signaled its readiness to host de-escalation talks.

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Why Fed rate hikes used to cause the classic emerging-market crisis but now seem to boomerang on the US

Once at the mercy of Fed policy, much of the world is now resistant to the interest-rate turmoil that always starts in Washington For decades, the prospect of higher US interest rates struck terror in the hearts of anyone whose fortune or fate was tied to emerging markets. As certain as night follows day, tightening…

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Russian army announces new Donbass gains

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