New Ceasefire Agreement Reached In Ukraine

New Ceasefire Agreement Reached In Ukraine

The leaders of Ukraine, Russia, Germany, and France have reached an agreement to end the fighting in war torn Ukraine. The nation has been engulfed in conflict for nearly a year as Russian backed separatists have fought the central government for control of the eastern portion of the country that borders Russia. Western powers believe…


King Of Saudi Arabia Dead At 90

Saudi Arabia

King Abdullah bin Abdulaziz of Saudi Arabia has passed away at the age of 90. The Saudi king had been in bad health for months, with pneumonia being the latest scourge to afflict him. Crown Prince Salman bin Abdulaziz is Abdullah’s successor. King Abdullah was born in either 1923 or 1924. His father, King Abdulaziz…


Oil Prices Tumble

Oil Prices

The price of oil tumbled today after OPEC decided against production cuts. Saudi Arabia rejected calls from poorer members of the group to cut production by up to 2 million barrels per day. Brent crude fell more than $6 a barrel to $71.25. The oil cartel has previously defended higher oil prices vigorously. The gulf…


Standoff In Ukraine Continues

Russian troops near Sevastopol, Crimea, Ukraine

The situation in Ukraine continues to deteriorate, as Russia has essentially taken control of the Crimea peninsula. The US has taken action after issuing stern warnings for days. The Obama administration has announced an aid package to the new Ukrainian government, and is also preparing economic sanctions against Russia that will be unveiled in a…