CYPRUS’S finance minister pleaded with Russia for help on Wednesday to avert a financial meltdown after the island's parliament rejected the terms of a European bailout, raising the spectre of a looming default and bank crash.

• March 20, 2013

In the past year, tensions surrounding Iran’s nuclear ambitions reached unprecedented levels, verging on war. With Israel assigning a “red line” for Iran’s proliferation efforts, the world nervously awaited for a likely Israeli air strike on suspected Iran’s nuclear sites—with all of its enormous political and economic consequences.

• March 20, 2013

ISSUE # 09
03/18/2013
On 13 March 2013, European Commissioner for Enlargement and European Neighbourhood Policy Stefan Fuele said in a speech to the European Parliament that the matter of selective justice in Ukraine is critical to the relations between Brussels and Kiev. READ MORE

• March 20, 2013

Chairman of the Riga Shipyard of the Latvian Republic, Director of the Eiroholdings Company, Vasilijs Melniks, will hold meetings at the State Service of Maritime and River Transport of Turkmenistan and other agencies, State News Agency Turkmen Dovlet Khabarlary (TDH) reported on Tuesday.

• March 19, 2013

Ukraine intends to obtain observer status in the Customs Union of Russia, Belarus, and Kazakhstan, the country's premier has announced.

• March 19, 2013

In all the noise of tomorrow’s Budget, many may not spot a small tweak to the fiscal regime for UK oil and gas. Those of us with a close interest in unconventional oil and gas, however, will be watching closely. Last year the Chancellor announced a consultation on a specific tax regime for onshore shale gas development, the results of which are expected on Wednesday.

• March 19, 2013

Kazakhstan could divert its natural gas supplies from the largest deposit in Karachaganak to China if it fails to sign a contract with Russia.

• March 18, 2013

Putin warns proposed levy on bank deposits in Cyprus, a favoured offshore haven for Russian big business, would be dangerous

• March 18, 2013