Angela Merkel's conservatives and the Social Democrats (SPD) have struck a deal on the contours of a European banking union under which a body attached to the Ecofin council - not the European Commission - would decide when to close failing banks.

• November 9, 2013

Negotiations between Iran and six world powers will resume on Saturday morning after top diplomats from the United States, Iran and European Union made progress during talks on Tehran's nuclear program, a senior U.S. State Department official said.

• November 9, 2013

The United States and Russia want Syria to ship its deadly chemical agents out of the country by the end of the year but expect a mid-2014 target for their final destruction to be missed, according to a draft document.

• November 8, 2013

Six world powers and Iran could agree on a "road map" for ending the dispute over Tehran's nuclear program at talks in Geneva on Friday, Russian Foreign Minister Sergei Lavrov said.

• November 8, 2013

World powers and Iran are working intensively to advance talks in Geneva over Iran's disputed nuclear program, a spokesman for European Union foreign policy chief Catherine Ashton said on Friday.

• November 8, 2013

A Snapshot of Key Developments in the External Relations of the Russian Gas Sector
By Jack Sharples, EGF Associate Researcher on the external dimensions of Russian gas

Key points:

• Special In-Depth Report: Gazprom loses export monopoly as Novatek and Rosneft win the right to export LNG
• Gazprom’s exports to Europe in October jump 17% y-o-y as year-to-date exports increase 16% y-o-y; European Commission Antitrust Regulators prepare charges against Gazprom
• Gazprom demands that Naftogaz pay overdue $900m gas bill for August gas supplies a month ahead of the Ukrainian government’s planned signing of a Free Trade and Association Agreement with the European Union
• South Stream construction begins in Bulgaria with aim of December 2015 launch
• Gazprom and CNPC to finalise deal by year end: Russian Energy Minister
• Gazprom launches its first solo offshore gas production project

• November 8, 2013

Insights into Turkish Domestic and International Politics during October 16-31st 2013
By John VanPool, EGF Turkey and Black Sea Regional Analyst

Key Points:

• Turkey slowly changes tactics in Syria, pulling back support for Islamist fighters who have begun to turn on other opposition forces in the Free Syrian Army and Kurdish militias.
• The Syrian offshoot of the PKK, the PYD, continues to push back groups like Jabhat al Nusra and Islamic State of Iraq and Al Sham. Its leader has called on Turkey to halt its complicity in helping these groups.
• A ceasefire continues to hold between the PKK and Turkish Security Forces, but time is running out for the government to offer substantive next steps at reconciliation. Complicating Turkey’s relations with its own Kurdish minority is the multiple breaks between Kurdish leaders throughout the region.
• Europe and Asia are now connected by rail via the Marmaray Tunnel, though the long term financial sustainability of the economy could be harmed by such projects. Turkey’s economy has slowed considerably, and with the U.S. Federal Reserve set to raise interest rates in 2014, financing the growing budget deficit could be a problem.

• November 8, 2013

Iran and six world powers are making progress in talks aimed at ending a decade-long nuclear stand-off between Tehran and the West, but the discussions are "tough", Iran's foreign minister said on Thursday.

• November 7, 2013