EU sanctions on Russia depend on Ukraine truce
The European Union will consider lifting sanctions on Russia over the Ukraine crisis only if there is "real progress" in implementing a four-month-old ceasefire deal, Latvia's foreign minister said on Monday.
Riga's new missionaries look east, again
European Union meetings in Riga last week were heavy with the historical symbolism EU leaders turn to for relief from economic malaise, terrorism or fears of Russia
China central bank to maintain 'prudent' monetary policy in 2015
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.
No Ukraine summit without progress on peace plan, Merkel tells Putin
German Chancellor Angela Merkel told Russian President Vladimir Putin on the phone on Saturday that a four-way summit to discuss the situation in eastern Ukraine would not take place until there was real progress on the Minsk peace plan.
China central bank to maintain 'prudent' monetary policy in 2015
The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday.
ECB risks undermining QE if it opts for compromise plan
The ECB is considering three main options for pumping money into the struggling euro zone economy but two of them could hurt confidence in the bloc's most indebted states, defeating the object of the exercise.
Leader of Latvia's Russian-speakers fears sanctions backfiring
It's not so much the risk of conflict with Russia that worries the mayor of the Latvian capital Riga; it's the threat to jobs and investment as EU sanctions on Moscow rebound on the economy of the Baltic state.
No chance of OPEC output cut, even after oil dips below $50: Gulf delegates
Saudi Arabia and its Gulf OPEC allies are showing no sign of considering cutting output to boost oil prices, even though they dipped below $50 a barrel this week.
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