Saudi Arabia plans new sovereign wealth fund
Saudi Arabia plans to create a new sovereign fund to manage part of its oil wealth and diversify its investments, and has asked investment banks and consultancies to submit proposals for the project, according to people familiar with the matter
Philippines urges patrols with U.S. amid sea dispute with China
The Philippines has asked the United States to hold joint naval patrols, a defense ministry spokesman said on Thursday, amid a territorial dispute with China in the South China Sea.
Vladimir Putin is the closest thing to a friend Israel has ever had in Moscow
Love him or hate him, Russian President Vladimir Putin’s military intervention in Syria unquestionably upended Middle Eastern politics. Putin supported Syrian President Bashar al-Assad, established several military bases in Syria, created a de-facto Russian-Shi’ite axis, confronted Turkey and forced the West to re-engage with him.
Ukraine To Ship Goods To Kazakhstan, Bypassing Russia
Ukraine says it will for the first time ship goods to Kazakhstan along a route bypassing Russia, due to the Kremlin’s trade embargo on Kyiv.
Obama’s Puzzling Ukraine Comment Referred To Kremlin Ally Yanukovych
The White House has clarified U.S. President Barack Obama’s puzzling reference to Ukraine in his final State of the Union address, in which he said Russia is “pouring resources in to prop up” its ex-Soviet neighbor.
Sides In Ukraine Conflict Vow To Abide By Truce
Negotiators at the Ukraine peace talks have vowed to make fresh efforts to enforce a shaky cease-fire in eastern Ukraine.
Iran says Arak reactor not yet decommissioned, work ongoing
Iran has not yet decommissioned the Arak heavy water reactor, one of its obligations under the nuclear deal with world powers to win a reprieve from sanctions, but expects to do so in the coming days, a senior Iranian official said.
Sanctions impact on Russia to be longer term, U.S. says
Western sanctions on Moscow are intended to exert long-term pressure on Russia and not to push it "over the economic cliff," a U.S. State Department official said on Tuesday.
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