Volcanic ash grounds flights across much of Europe
Air traffic across Europe remained suspended Saturday as a huge cloud of volcanic ash from Iceland turned most of the continent into a no-fly zone. More than 15 countries have imposed flight bans, causing travel chaos.
Lithuania’s government: we are more energy-dependent than 20 years ago
The liquidation of LEO LT, the returning of the VST to the state, the structural transformation of the electricity sector – the Government names core energy activities. The annual report prepared by the Government of Prime Minister Andrius Kubilius points out that the previous Government was implementing the energy strategy that did not comply with the situation.
Russia may lend Ukraine up to $6 billion for nuclear reactors
Government source said a reduction in the price of Russian gas depended on Ukraine ending cooperation on nuclear energy with a U.S. company.
Ukraine gives up uranium, but needs assistance in return
U.S. help is needed to dispose of the remaining solid-rocket engines used in Soviet-era intercontinental ballistic missles.
Russia says needs time to develop political system
Russian President Dmitry Medvedev said on Tuesday that he and Barack Obama have "changed the atmosphere" in Russian-U.S. ties, but demanded more American support on issues from the economy to Afghan drugs.
Russia country profile
Russia emerged from a decade of post-Soviet economic and political turmoil to reassert itself as a world power.
Bakiyev says he will resign if security guaranteed
Ousted Kyrgyzstan President Kurmanbek Bakiyev says that he is ready to resign as long as his security is guaranteed. Meanwhile, the head of the security services agrees to guarantee safe passage. The statements may point to a resolution of the tensions that have gripped the country after a bloody uprising
Turkey hires banks for 10-year euro-denominated bond
Turkey is planning to sell bonds on international markets for the second time in a month as it takes advantage of lower interest costs for emerging markets as economies recover.
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