Russia-Ukraine gas crisis
MOSCOW - RUSSIA'S natural gas supplies bound for a freezing Europe were halted again on Tuesday only a few hours after a truce had been announced in its 'gas war' with Ukraine.
The Gazprom energy giant accused Ukraine of blocking gas bound for Europe, while Ukraine blamed 'unacceptable' technical conditions imposed by Russia.
LONDON - THE US Federal Reserve still has 'powerful tools' at its disposal to tackle the economic crisis even if its main interest rate has been lowered to near zero, chairman Ben Bernanke said on Tuesday.
'The global economy will recover, but the timing and strength of the recovery are highly uncertain,' he said in a speech at the London School of Economics.
NEW YORK - CHIEF executive officers (CEOs) at six major United States companies have lost their jobs in the last eight days, in a sign of more turmoil to come, The Wall Street Journal reported.
Mr William Watkins, who was ousted on Monday at hard-drive maker Seagate Technology, is the sixth CEO of a publicly held company to be replaced in eight days, the newspaper noted in a report on its website on Tuesday.
