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World Bank approves $1 bln loan for Kazakhstan
The World Bank said on Tuesday it had approved $1 billion in budget support for Kazakhstan to help the government implement its economic program.
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Poland battles rising flood waters
In Poland, rescue workers and citizens are scrambling to slow the rising tide of flood waters that have already killed 15 people. In Germany, authorities in Brandenburg are preparing for flooding along the Oder River.
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Euro fall spells trouble for the Balkan EU perspective
The Euro crisis is far from over despite – or perhaps because of – the decision by the European Central Bank to set up a 750 billion euro emergency fund to protect the eurozone countries from going bankrupt. The economic outlook is grim, which is likely to have some profound political consequences, not least on the EU’s enlargement policy.
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A New Era for the Balkans?
There are signs of hope regarding recent developments in the Balkans. Various new trends point to a more optimistic scenario for the future of the region.
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S Korea, China, Japan Agree To Work For Free-Trade Bloc
Ahead of a three-nation summit this week-end involving South Korea, China and Japan, their trade ministers have agreed to work for creating a free-trade bloc as a part of efforts to spur economic partnership among the three Northeast Asian nations, said a joint statement Sunday.
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British Airways crew begin strike
British Airways cabin crew begin a five-day strike in their long-running dispute over jobs and pay.
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S Korea freezes trade with North
South Korea's president suspends trade with the North, after a report blamed Pyongyang for sinking a southern warship.
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Russia Ready to Invest $1 Billion in Namibian Uranium
Russia is ready to invest about $1 billion to develop uranium deposits in Namibia, the world’s fourth-biggest producer of the metal, said Sergei Kiriyenko, chief executive officer of Rosatom Corp.
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