Oil slides but bets on ECB action lift Europe shares
Oil prices slid on Tuesday to their lowest in almost six years, but European shares rose as investors focused on expectations that policymakers would soon take action to prevent the euro zone slipping into deflation.
NATO looking at beefing up Baltic exercises
NATO's top military commander, General Philip Breedlove, said on Tuesday the defense alliance was looking at beefing up its exercises in the Baltic Sea region in response to a surge in Russian military maneuvers there late last year.
China slams Philippines for criticizing island project in South China Sea
China on Monday hit back at the Philippines for criticizing Beijing's ongoing reclamation project in the disputed South China Sea, saying that its actions were within the scope of Chinese sovereignty.
Venezuela, Iran plea for oil cut hits Gulf OPEC brick wall
A diplomatic push by Venezuela and Iran for an OPEC oil output cut has failed to soften the refusal of the group's Gulf members to do so for now, delegates said on Monday.
EU sanctions on Russia depend on Ukraine truce
The European Union will consider lifting sanctions on Russia over the Ukraine crisis only if there is "real progress" in implementing a four-month-old ceasefire deal, Latvia's foreign minister said on Monday.
Riga's new missionaries look east, again
European Union meetings in Riga last week were heavy with the historical symbolism EU leaders turn to for relief from economic malaise, terrorism or fears of Russia
China central bank to maintain 'prudent' monetary policy in 2015
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.
No Ukraine summit without progress on peace plan, Merkel tells Putin
German Chancellor Angela Merkel told Russian President Vladimir Putin on the phone on Saturday that a four-way summit to discuss the situation in eastern Ukraine would not take place until there was real progress on the Minsk peace plan.
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