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Drones over U.S. may pose security risks
MOSCOW, Dec. 26 (UPI) -- The Russian ruble fell to a new low against the euro Friday with former Soviet leader Mikhail Gorbachev warning Russia faces a dangerous time.
The ruble slid fell to 40.81 against the euro and 29 against the dollar after the fourth currency devaluation by Moscow in a week, The Financial Times reported Friday.
The devaluation was designed to offset the impact of the world economic crisis and plunging oil prices, the Times reported, noting Russian oil exports are at their lowest level in four years.
Gorbachev told the Times Russia faces "unprecedentedly difficult and dangerous circumstances" and could be "heading into a black hole" as workers face non-payment of wages and loss of jobs.
Residents of Vladivostok staged a major protest earlier this month against car import duties designed to prop up domestic car makers, the Times reported, noting the bailout makes foreign cars prohibitively expensive for ordinary Russians.
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TEGUCIGALPA, Honduras, Feb. 9 (UPI) --
Honduras is inching back toward economic recovery and sees more international tourism as a way out of the crisis triggered by its June 2010 coup.
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HILLSBORO, Ore., Feb. 9 (UPI) --
Solar panels generating a total of 1.3 megawatts of power are installed at a U.S. Navy facility and ready to begin their first full year of operation.
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With rental vacancy rates at their lowest levels in 10 years, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011....
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Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
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