Current U.S.-Russia tensions are dangerous -- but not ‘Cold War Two’
Since Russian-American relations spiraled downwards after Russia’s annexation of Crimea, analysts and politicians have begun to raise the once unthinkable: the advent of Cold War Two. Both American and Russian commentators have declared “Welcome to Cold War Two,” while NATO’s retiring supreme allied commander, Europe stated that “trying to prevent a Cold War” was now his successor’s responsibility. Russian Prime Minister Dmitry Medvedev went one step further, arguing “one could go so far as to say we have slid back to a new Cold War.”
Global PE firms find sweet spot in Japan's food sector
From sushi to bean sprouts to mushrooms, global private equity firms are dining on Japan's thriving restaurant scene as they wait for the country's notoriously slow conglomerates to restructure and reverse a slump in major deals.
China's Geely cars think big with Volvo makeover
The Briton who smoothed out Volvo's boxy lines and put signature radiator grilles on Lincolns for Ford is aiming to give China's Geely range global appeal by ditching its utilitarian image.
Eurovision win lifts spirits in Ukraine, raises eyebrows in Russia
Ukrainian politicians hailed their country's surprise weekend victory in the European Song Contest as a continent-wide endorsement in their smoldering conflict with Russia, while Moscow said the competition had been hijacked by politics.
Greek parliament to vote on bailout reforms on Sunday
Greece's parliament will vote on a new package of tax hikes and reforms demanded by its international lenders on Sunday, two days before euro zone finance ministers assess whether Athens qualifies for much-needed bailout loans.
Asked about aid, China says Venezuela crisis is domestic matter
An economic crisis in Venezuela is a domestic matter, a spokesman for China's Foreign Ministry said on Monday, when asked if the country planned to give aid to the Latin American nation.
Armenian, Azeri leaders to meet to break Nagorno-Karabakh impasse
The presidents of Armenia and Azerbaijan will meet in Vienna on Monday in an attempt by the United States, Russia and France to try to end violence in the breakaway Nagorno-Karabakh region and push for peace talks.
Kerry meets Saudi king to discuss Syria before Vienna talks
U.S. Secretary of State John Kerry met Saudi Arabia's King Salman in Jeddah on Sunday to discuss the fragile truce in Syria, before broader talks with Russia, Iran and other countries in Vienna on Tuesday.
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