Philippines, U.S. to hold naval drills near disputed shoal in South China Sea
Philippine and American troops are set to hold naval exercises this month near a disputed shoal, which will almost certainly anger China with tension already high in the South China Sea.
Ukraine's Poroshenko sets out ceasefire plan after call with Putin
After a late-night telephone call with Russian President Vladimir Putin, Ukrainian President Petro Poroshenko on Wednesday set out proposals for a peace plan for eastern Ukraine involving a unilateral ceasefire by government forces.
Premier Li says China's economy won't suffer hard landing
Chinese Premier Li Keqiang said on Wednesday that China's economy would not suffer a hard landing and would continue to grow at a medium to high pace in the long term without strong stimulus.
Finnish reasons for joining NATO 'stronger than ever': defense minister
Finland should seriously consider joining NATO because of Russia's aggressive actions in Ukraine and could hold a referendum on the issue some time after its 2015 election, its defense minister told Reuters.
Philippines calls for construction freeze in South China Sea
The Philippines said on Monday that China's "expansion agenda" in the disputed South China Sea threatened security and stability in the region, calling on all claimant states to halt construction activities that may raise tensions.
Euro zone price inflation hits trough in May
A further slowdown in euro zone inflation in May was confirmed on Monday, as the cost of telecommunication and food kept prices low, confirming a problem that the European Central Bank recently sought to stem.
Russia cuts off gas to Ukraine as Kiev orders border secured
Russia cut off gas to Ukraine on Monday in a dispute over unpaid bills that could disrupt supplies to the rest of Europe and set back hopes for peace between the former Soviet neighbours.
Ukraine vows firm response after rebels shoot down military plane
Ukraine's president promised a tough response on Saturday to pro-Russian separatists who shot down an army transport plane, killing 49 servicemen and dealing a blow to a military campaign to crush their uprising.
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