Russian Industrial Output Surges More Than Forecast
Russian industrial output surged in April as the manufacture of cars, steel pipes and freight cars increased, signaling a rebound from the country's worst recession may be picking up pace.
Price of power from gas-based plants to go up
The selling price of power generated by gas-based plants will go up by up to Rs 1.20 per unit on account of the hike in the price of natural gas, government said today.
Turkey in bid to rally support for Iran nuclear deal
Prime Minister Recep Tayyip Erdoğan has phoned world leaders to seek support for a deal Iran agreed to earlier this week to ease tensions over its nuclear program as a US-led coalition pushes for sanctions against Tehran to force it to stop enriching uranium.
An uneasy calm in Thailand
The Thai government has said it has mostly quelled violent protests in the capital Bangkok. But troops have continued their hunt for those protesters who they say set blaze to some of the capital's main buildings.
Pakistan blocks YouTube
Pakistan blocks YouTube, a day after barring access to Facebook in a row over caricatures of the Prophet Muhammad.
Merkel urges tough finance rules
German Chancellor Angela Merkel calls for stricter financial regulation, having warned the euro was "in danger".
China signs up to develop Saskatchewan energy assets
Already wielding its economic might to become a major source of capital for Canada’s oil sands, China has struck a deal to help the province of Saskatchewan develop its burgeoning natural gas and crude assets.
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.
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