Serbia Considers Investing in Bulgarian Nuclear Plant Project
EU applicant Serbia is considering acquisition of a still undetermined stake in a new EUR 4 B nuclear power plant project of its eastern neighbour Bulgaria. The latter, a new EU member, is facing difficulties raising the needed money or attracting an investor, media reported at the weekend.
Israeli President to Discuss Cooperation with Bulgaria’s Energy Minister
The President of Israel Shimon Peres will discuss bilateral cooperation between his country and Bulgaria in technology, industry and tourism fields with Bulgaria’s PM and Energy Minister.
The Koreas: Time for China to reassert itself
TWO recent developments in East Asia -- one in Northeast Asia and the other in Southeast Asia -- have brought to the fore some of the latent tensions in the region.
Reset the Russian Reset Policy
Russian President Dmitry Medvedev recently proclaimed Eurasia a Russian "sphere of exclusive interests."
GDF Suez to Take Control of International Power
Updated GDF Suez, the giant Franco-Belgian utility, said Tuesday that it had agreed to take over its smaller British rival International Power in a deal where the target’s shareholders will receive £1.4 billion ($2.2 billion) in cash in a special dividend.
Heatwave could cost Russia almost one percent of GDP
The worst heatwave in Russian history is likely to cost the economy almost one percent of GDP, according to economists. The summer's drought, forest fires and smog will be significant factors in eroding economic growth.
Kyrgyzstan economy devastated by year of unrest
Battered by bloody ethnic clashes and its second coup in five years, Kyrgyzstan is facing economic disaster, with experts warning that not even a recent pledge of international aid may be able to stave off collapse.
Iran 2010: Enriching Uranium, Saudi Arabia Buying Fighters
The Obama Administration plans to sell 84 F-15 Eagle jet fighters to the Kingdom of Saudi Arabia over the next ten years for a total of $30 billion.
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