Tensions between Russia and the UK were heightened on Saturday when Moscow ordered the British Council and British Consulate General in St. Petersburg closed. UK Ambassador to Russia Laurie Bristow was summoned to the Foreign Ministry in Moscow and told of the closures as well as the expulsion of 23 UK diplomats in a retaliatory … Continue reading Russia Closes UK Consulate-General
Europeans defy US to join China-led bank: The finance ministries of France and Germany have confirmed they’ll join China’s new Asian Infrastructure Investment Bank (AIIB), and Italy is expected to soon. Joining the rival to the US-led World Bank is seen as a setback for the Obama administration. "The Ministry of Finance confirmed that France … Continue reading France & Germany Confirm Joining China’s (AIIB) Bank ~ A Rival To US-led Rothschild World Bank.