Russia to empty one of its sovereign funds next year - ministry proposal
Russia will exhaust one of its two sovereign funds next year, according to a finance ministry proposal seen by Reuters, having by that point run through $87 billion since the beginning of 2014 to fill holes in the budget left by a slump in oil prices.
Commodity trade in UK may have some position limit leeway after Brexit
Britain-based commodity exchanges may have some leeway in the way they manage large positions after the UK exits the European Union, but they will still have to comply with EU rules from 2018, experts say.
Turkey proposes cooperation with Russia in fighting Islamic State
Turkey said on Monday it wanted to cooperate with Moscow in combating Islamic State in Syria but denied having suggested it might allow Russia to use its Incirlik Air Base, near the Syrian frontier.
Oil eases as weak demand tempers bullish Saudi energy minister comments
Oil prices eased on Monday after comments by Saudi Energy Minister Khaled Al-Faleh that the market was heading towards balance were tempered by signs of slowing demand in Asia.
We should give Britain the time it needs on Brexit
Britain should be dealt with patiently given the political upheaval there since it decided in a June 23 referendum to leave the European Union, Chancellor Angela Merkel's chief of staff said on Monday.
We need to sell Britain to the world, Osborne says, eyeing China
British finance minister George Osborne will put more effort into Britain's relationship with China and lead another trade visit later this year, following Britain's decision to leave the European Union, the Financial Times reported.
With Russia as an ally, Serbia edges toward NATO
Serbia is performing a delicate balancing act between its European aspirations, partnership with NATO and its centuries-old religious, ethnic and political alliance with Russia.
German politicians call for improvements to EU after Brexit vote
Senior German politicians called for improvements to the European Union's processes to speed up decision making and boost its appeal among citizens, just a week after Britons stunned the world with a vote to leave the bloc.
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