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IMF predicts world's highest deflation for Latvia in 2010 – 3.7%
Consumer prices in Latvia will be on average 3.7% lower in 2010 than previous year, the largest drop among 183 countries worldwide, according to the International Monetary Fund's (IMF) new "World Economic Outlook" report. Deflation in Lithuania will make 1.2%, and inflation in Estonia will be 0.8%
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Gulf oil spill roils energy bill prospects
The explosion of an offshore oil rig in the Gulf of Mexico has raised enough concern among congressional Democrats to jeopardize the prospects for passage of an energy and climate change overhaul.
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Kyrgyzstan Opens an Inquiry Into Fuel Sales to a U.S. Base
Prosecutors in Kyrgyzstan have opened a criminal investigation into whether, for the second time in a decade, a son of a president of this small Central Asian country illegally profited from contracts supplying jet fuel to an American air base.
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Mongolian activists pressure gov't to fulfill election promises
A primary cause of upheaval in Central Asia over the past five years has been the inability of governments in the region to respond to popular concerns and complaints.
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Putin Proposes Merging Russian, Ukrainian State Gas Firms
Russian Prime Minister Vladimir Putin has proposed merging Gazprom, the world's largest gas firm, with Ukraine's state gas company, Naftogaz.
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Court orders Eesti Energia to pay private energy company 3.1 mln kroons
Viru County Court ordered Estonia-based state power company Eesti Energia (Estonian Energy) to pay an energy enterprise Baltic Energy Partners (BEP) 3.1 million kroons in compensation of damages, BBN/LETA reports, referring to Aripaev.
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Putin orders Arctic cleaning mission
Russian Prime Minister Vladimir Putin has ordered that a million abandoned barrels of Soviet-era fuel be removed from the Arctic because they are polluting the environment
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EU China talks over how, not if, to sanction Iran
European talks with Chinese leaders over Iran have moved to the issue of how to target sanctions and away from whether sanctions should be applied at all, the European Union's foreign affairs chief said on Friday.
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