Azerbaijan doubles gas sales to Russia
Azerbaijan has more than doubled its natural-gas exports to Russia, shipping up to 3 million cubic meters of gas per day to its northern neighbor.
India to sign nuclear, Gorshkov deals with Russia
India and Russia will on Friday tighten their ties by signing a slew of agreements, including an umbrella civil nuclear pact and another accord fixing the cost of the refurbished aircraft carrier Admiral Gorshkov at $2.35 billion
IMF says property taxes much too low
RIGA - The International Monetary Fund is advising Latvia to increase its assessed property valuations, after the group’s technical mission determined that the assessed property values in maj...
Gazprom demands $140 million from Lithuania
VILNIUS - Russian state-owned energy giant Gazprom has sent a letter to the Lithuanian government demanding $140 million in payouts for a unprofitable power plant. The gas company bought the po...
Council blasts Estonian citizenship laws
TALLINN - The European Commission against Racism and Intolerance (ECRI), an arm of the Council of Europe, has lambasted Estonia for the large number of non-citizens in the country. The ECRI sa...
Yanukovych tightens grip on power in Ukraine
Ukrainian President Viktor Yanukovych has formed a new coalition government after rival Yulia Tymoshenko was ousted in no-confidence vote. Former Finance Minister Mykola Azarov is the new Prime Minister.
German bankers hit out at monetary fund plan
German finance minister backs proposals, but central bank chief disagrees.
A bright new future for agriculture? (I)
The European Commission has just approved a genetically modified crop for cultivation in the EU, its first such decision in 12 years. Magda Stoczkiewicz says the decision flouts the public will, while Willy De Greef argues it is an important step forward.
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