Nabucco Plans Georgian, Iraqi Gas Feeder Pipelines; Avoids Iran
Nabucco Gas Pipeline International GmbH plans to supply the natural-gas transmission route to Europe with links to Turkey’s borders with Georgia and Iraq and has decided against a link to the country’s border with Iran.
Ukrainian president says wants more powers
Ukrainian President Viktor Yanukovich called on Tuesday for constitutional reform that would strengthen his powers and enable him to push through tough economic reform.
China to Invest Billions in Electric and Hybrid Cars
The Chinese government, determined to become a world leader in green technology, says it plans to invest billions of dollars over the next few years to develop electric and hybrid vehicles.
Russia faces $1 bln crop losses from drought
Russia's agriculture industry faces losses of over one billion dollars after a record drought destroyed over a quarter of its crops, an official said Monday.
Eurozone recovery loses momentum in August
A survey released on Monday shows that 16 members of the Eurozone are struggling to maintain the momentum of economic growth.
Split views about Iran’s nuclear reactor
Iran has crossed a new nuclear threshold, but it’s one the Obama administration isn’t worried about.
Ukraine is failing the democracy test
A new election law that protects the ruling elite is undemocratic and raises fresh doubts about Ukraine's suitability to join the EU
Business world under ‘yes-no’ stress
The world is following a showdown between Prime Minister Recep Tayyip Erdoğan and the Turkish Industrialists’ and Businessmen’s Association, or TÜSİAD, over the constitutional amendment package referendum.
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