Cyprus Bank Collapse Hits Ukrainian Investors
The little island of Cyprus was the largest foreign investor in both Russia and Ukraine before the collapse and restructuring of its banks.
BRICS Nations Need More Time for New Bank
The five BRICS emerging-market nations will need more time to set up a new development bank as they work out details on funding and operations, Russia’s finance minister said.
Gazprom eyes power plants in Europe
Gazprom has confirmed its interest in buying a combined cycle generation plants in Europe despite competition from cheap coal.
Gazprom eyes power plants in Europe
Gazprom has confirmed its interest in buying a combined cycle generation plants in Europe despite competition from cheap coal.
Cyprus reaches ‘painful’ solution to secure rescue
Cyprus clinched a last-minute solution to avert imminent financial meltdown early Monday after it agreed to slash its oversized banking sector and inflict hefty losses on wealthy depositors in troubled banks to secure a 10 billion euro ($13 billion) bailout.
‘Foreign Ideas’ as Extremism in Central Asia
In former Soviet Central Asia there is little debate that the root problem [of extremist beliefs] is “foreign ideas,” defined so broadly as to become a target of opportunity for both every political purpose and every local policeman or official’s ambition. Any sign of dissent from state policies or ideology can be enough to bring the wrath of the state, sometimes with great violence.
Rosneft Finalizes Acquisition Of TNK-BP
Russia's state-controlled Rosneft has announced it has finalized deals to gain control of TNK-BP and become the world's largest publicly traded oil producer.
Cyprus Announces New Bailout Plan, Drops Proposed Tax
President Nikos Anastasiades has announced an agreement between political parties in Cyprus to establish an "investment solidarity fund" as part of a new bailout plan.
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