Sweden intercepts Russian planes over Baltic amid regional tensions
Swedish fighters intercepted four Russian planes flying in international air space over the Baltic sea with their transponders turned off, the country's military said on Tuesday.
British defense plans fail to meet new threats: lawmakers
Britain's defense plans are inadequate to address a dramatic rise in global security threats and a challenge from Russia on Europe's doorstep, a committee of lawmakers said on Tuesday, warning the country risked retreating into isolation.
Obama to host Japan's Abe to discuss security
U.S. President Barack Obama will host Japanese Prime Minister Shinzo Abe at the White House next month for talks expected to focus on their joint response to China's rising power and efforts to finalize a major Asia-Pacific trade pact.
Australia signals approval of China-based AIIB; Japan divided
Australia said on Friday there was a lot of merit in the China-led Asian Infrastructure Investment Bank (AIIB) while Japan's finance minister signalled cautious approval of the institution that the United States has warned against.
Merkel sees progress with Greece, no date for fresh funds
Greece promised on Friday to speed up implementation of its extended bailout agreement and send a full list of detailed reform proposals to its euro zone partners in the coming days, German Chancellor Angela Merkel said.
Ex-Soviet states battle challenge of low oil prices
The three main members of the Russian-led Eurasian Economic Union face a big economic challenge from the fall in global oil prices, Kazakh President Nursultan Nazarbayev said on Friday.
EU likely to keep Russia sanctions after Merkel weighs in
European Union leaders look likely to keep economic sanctions on Russia in place until a Ukraine ceasefire deal is fully working, after German Chancellor Angela Merkel said on Thursday it would be wrong to ease pressure on Moscow prematurely.
Iran nuclear deal may open oil taps in months, not weeks
A possible deal over Iran's nuclear program that would phase out economic sanctions against Tehran is unlikely to flood world markets with more oil any time soon, despite Iran's declared intention to claw back market share lost because of the curbs.
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