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Nabucco Gas Pipeline: Joint Declaration on Southern Gas Corridor provides basis for Azerbaijani gas supplies
A Joint Declaration on Southern Gas Corridor signed by the European Commission and Azerbaijan provides a firm political basis for gas supply from Azerbaijan, the official statement of Nabucco Gas Pipeline International says.
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Washington To Rearm Georgia For New Conflicts
Recent reports in the Russian news media have detailed plans by the U.S. to provide the Mikheil Saakashvili government in Georgia with tens of millions of dollars worth of anti-aircraft and anti-tank weapons.
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Estonia in $1.3 bln deal to build power plants
Estonia strengthened its energy independence for decades to come by signing on Friday a euro950 million ($1.3 billion) contract to build power stations, the largest investment in the Baltic state's 20-year history.
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China's military leaps forward to catch up with US
By quietly building up its stash of high-tech weaponry, China is threatening US military supremacy in the Pacific, worrying its neighbours and contributing to a renewed arms race in Asia, analysts say.
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Construction of pipeline via Caspian Sea is most attractive way to deliver Turkmen gas to Europe
At a meeting with the European Commission President Jose Manuel Barroso in Ashgabat, Turkmen President Gurbanguly Berdimuhamedov described the construction of a pipeline under the Caspian Sea as the "most attractive" way to deliver Turkmen gas to Europe.
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S. Korea, Japan Improve Military Ties in Face of North Korean Threat
South Korea and Japan have held their first talks on creating unprecedented agreements to share military intelligence and equipment. It is something the United States has encouraged because of recent attacks blamed on North Korea and Pyongyang’s continuing nuclear threat. But both Seoul and Tokyo may find it necessary to move cautiously because of historical legacies and concern about how Beijing will react.
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Ukrainian coal mines show new promise with investors
Ukraine’s vast coal sector has long been characterized by too much state ownership, too little development and some deadly mine disasters.
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