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News
Ukraine signs $10 billion shale gas deal with Chevron
Ukraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron (CVX.N) on Tuesday, another step in a drive for more energy independence from Russia.
News
Tensions with allies rise, but U.S. sees improved China ties
With ties between Washington and many close allies strained because of eavesdropping revelations and differences over U.S. policies in the Middle East, the Obama administration can take some comfort from an improvement in ties with China.
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Britain must stay in EU but reforms needed
Britain must remain part of the European Union, British business leaders said on Monday, but they called on Prime Minister David Cameron to oppose the "creeping extension of EU authority".
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Japan, Russia agree to cooperate on security as China rises
Japan and Russia held their first joint defense and foreign ministers' meeting on Saturday and agreed to boost security cooperation in the Asia-Pacific as they both warily watch neighboring China's rising influence.
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EU, IMF coordinate on Ukraine as Russia threat looms
The European Union is in advanced discussions with the International Monetary Fund on providing standby financing to Ukraine should the country come under economic pressure from Russia later this year, senior EU officials have told Reuters.
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NATO stages exercise as rearming Russia worries some allies
When NATO forces start a major exercise in Latvia and Poland this weekend, they will be rehearsing how to oust an anonymous invading enemy from a fictional region.
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China demands U.S. explain spying allegations linked to Australian missions
China is demanding an explanation from the United States after a report in an Australian newspaper said Australian embassies, including the one in Beijing, were being used as part of a U.S.-led spying operation.
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EU makes new bid for deal on Ukraine's jailed Tymoshenko
European Union mediators resumed a push on Tuesday to secure the release of jailed Ukrainian opposition leader Yulia Tymoshenko, with EU politicians warning time was running out before the signing of a landmark trade agreement next month.
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