Japan sets targets to tackle debt
Japan sets ambitious new targets to rein in its national debt, the largest in the industrialised world, and avoid a "Greek-style" crisis.
Israel asks UN to shelve inquiry
Israel asks the UN to suspend plans for an international inquiry into an Israeli raid on a ship trying to break the Gaza blockade.
Russia unveils ski resorts plan for troubled north Caucasus
Russia aims to build a £10bn constellation of five ski resorts in its mainly Muslim north Caucasus region, where an Islamist insurgency claimed the lives of almost 1,000 people last year.
EBRD and Russia’s Federal Grid in energy efficiency drive
The EBRD and Russia’s Federal Grid Company, the country’s high-voltage transmission operator, today laid the groundwork for a strategic partnership to promote energy efficiency in the Russian power sector.
Russia invites Indian investment
Russia wants “strong Indian presence” in the energy, pharmaceutical and IT sectors, Prime Minister Vladimir Putin told Commerce and Industry Minister Anand Sharma.
EU-Russia Energy Relations: A Pause or Fast Forward?
At the end of the last EU–Russia Summit in Rostov-on-Don, European Council President Herman Van Rompuy uttered an ambitious statement. Announcing Europe’s readiness to be a partner in Russia’s modernization, he noted “With Russia we don’t need a reset. We want a fast-forward.”
Turkey hardens resolve against Kurdish rebels
Turkish Prime Minister Erdogan has vowed to crush Kurdish rebels after attacks killed 11 Turkish soldiers. Clashes between the two sides have escalated sharply.
Komorowski leads Polish presidential race, but run-off likely
Exit polls show interim president and parliament speaker Bronislaw Komorowski has won the most votes in Poland's presidential election but not enough to avoid a run-off in two weeks.
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