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Nabucco’s chances to transport Azerbaijani gas are very high
Nabucco project is optimistic about the speedy decision by the consortium developing the Azerbaijani Shah Deniz gas condensate field on the pipeline selection, Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said in his interview.
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What do Turkey and Saudi Arabia hope to accomplish?
Fast moving events in the Middle Eastern landscape in recent years have gravitated Saudi Arabia and Turkey, two regional heavyweights in this region, towards each other
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Opposition leaders skeptical on Medvedev reform plans
The head of the liberal Yabloko party is skeptical about prospects for implementing the political reforms proposed by Russian President Dmitry Medvedev on Thursday, saying that the outgoing president would not have enough time to follow through on them.
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Oil could hit a new record in 2012
Crude oil may rise for a fourth year to a record average price in 2012 as demand in emerging markets increases and the U.S. avoids a recession.
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North Korea's new era can't be any worse
In situations as dire as that of North Korea, any change is a harbinger of hope. As much is true of the death of the reclusive nation's leader, Kim Jong Il, and the ascension of his youngest son, 20-something Kim Jong Un. Even though this has triggered immediate fears of instability throughout northeast Asia, the longer-term outlook is surely one of enhanced optimism, for the Korean people and the rest of the world.
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Russia joins WTO after long wait
Russia has finally joined the World Trade Organization (WTO) at a ceremony in Switzerland on Friday, after 18 years negotiating its membership.
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India, Russia against unilateral sanctions on Iran
India and Russia Friday warned against unilateral sanctions on Iran, in an apparent reference to actions taken by US and other Western nations, and advocated the use of political and diplomatic means to resolve the tensions arising out of Tehran's nuclear programme.
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Latvia, Lithuania to join eurozone budget treaty
It is likely that the European Union will experience greater economic stratification: there will be member states with stronger economies, and some countries will then attempt to agree with each other and ignore the others, Finance Minister Andris Vilks (Unity) said in an interview with the newspaper Diena.
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