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News
China resource demand to falter if yuan fails to jump
It may be too early to bet on China's continued role as premier resource buyer, even though Beijing's weekend decision to revisit its pre-crisis currency policy promises to bolster the yuan's purchasing power over time.
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Medvedevs U.S. Trip Aids Push to Reset Economic...
Dmitry Medvedev and Barack Obama will try to jump-start economic links this week as Russia’s president travels to Silicon Valley and Washington, building on improved political ties after the U.S. “reset” relations
News
Belarus turns off flow of Russian gas to Europe
The president of Belarus, Alexander Lukashenko, today halted the flow of Russian gas across his territory to Europe and lambasted Moscow for suggesting that he had tried to pay his country's gas bill using "pies, butter and cheese".
News
Kiev to take up gas slack from Belarus?
Ukraine can transport more Russian natural gas bound for European costumers if a gas row with Belarus causes supply disruptions, the state energy company said.
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Russia may replace Bulgaria with Romania in South Stream project
RIA Novosti reported that Russia gas monopoly Gazprom is likely to replace Bulgaria with Romania in the South Stream pipeline network since Bulgaria halted the other two joint energy projects with Russia.
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Kyrgyz violence hurting business
Violence in Kyrgyzstan has dealt a blow to the nation's trade with China, and international analysts say the crisis could pose a threat to northwestern China's security.
News
Japan sets targets to tackle debt
Japan sets ambitious new targets to rein in its national debt, the largest in the industrialised world, and avoid a "Greek-style" crisis.
News
Russia unveils ski resorts plan for troubled north Caucasus
Russia aims to build a £10bn constellation of five ski resorts in its mainly Muslim north Caucasus region, where an Islamist insurgency claimed the lives of almost 1,000 people last year.
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