Putin Woos Former Republics as Russia Competes With BRIC Peers
Russia is exploiting U.S. and European inattention to reassert its influence in the former Soviet republics, spending more than $50 billion to turn the “near abroad” into an engine of economic and political power.
Kyrgyzstan elections shelved as further violence hits southern city
Kyrgyzstan's interim leader, Roza Otunbayeva, will likely remain president of the Central Asian nation until December 2011 after the government cancelled plans for presidential elections to be held in October.
Investing in Energy After Yukos
The Kremlin rarely approaches EU-Russia summits with much enthusiasm, but there are signs that this may change in anticipation of the next summit in Rostov-on-Don on May 31.
Russia urges Japan to invest in oil, gas developments
Russia’s Deputy Premier Igor Sechin, taking direct aim at Middle Eastern oil producers, has urged Japan to increase its imports of Russian oil in addition to cooperating with his country on the development of its natural resources.
Stroytransgaz begins work on Taweelah Fujairah gas pipeline
It is reported that Stroytransgaz has begun welding the linear part of the Taweelah-Fujairah gas pipeline a 244 kilometer, 48 inch facility in the United Arab Emirates
Euro plummets to new dollar low
The eurozone's single currency plummets against the US dollar, falling below $1.22 for the first time since April 2006.
New Iran sanctions being tabled
Sanctions against Iran which include cargo ship inspections are being tabled at the UN Security Council.
TPAO gets 2nd oil agreement in Iraq
TPAO's winning of a second oil-producing tender will have a positive impact on the relations between Iraq and Turkey, Iraq's minister of oil has said.
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