Cyprus Bank Collapse Hits Ukrainian Investors
The little island of Cyprus was the largest foreign investor in both Russia and Ukraine before the collapse and restructuring of its banks.
Russia and China to agree gas price via Eastern route in June
Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV interview with Rossiya 24 broadcast on Wednesday.
BRICS Summit Makes Little Progress On New Bank
Leaders from the BRICS group of emerging economies have made little progress on establishing a new development bank to counterbalance Western-dominated institutions such as the World Bank.
US B-2 stealth bombers in South Korea drill
The US has flown two B-2 stealth bombers over South Korea as part of an ongoing military exercise.
BRICS Nations Need More Time for New Bank
The five BRICS emerging-market nations will need more time to set up a new development bank as they work out details on funding and operations, Russia’s finance minister said.
Kyiv wants guaranteed volume of gas shipments from Moscow for gas consortium establishment
Ukraine and Russia will continue to search for a mutually acceptable solution for the establishment of a consortium to manage the Ukrainian gas transportation system (GTS), Ukraine’s Ambassador to Russia Volodymyr Yelchenko has said.
Kazakh Defence Minister meets with NATO Special Representative for Caucasus and Central Asia
Today in Astana, Kazakhstan's Defence Minister Adilbek Dzhaksybekov met with the Special Representative of the Secretary General of the NATO for the Caucasus and Central Asia James Appathurai and a new NATO officer on interaction with Central Asia Alexander Vinnikov, the Ministry of Defence of the Republic of Kazakhstan informed Trend.
Shell says China approves shale deal, plans more drilling
China has approved a production-sharing contract with Royal Dutch Shell (RDSa.L) for the Fushun shale gas block in the southwestern province of Sichuan, with the global oil firm preparing to step up drilling activities in the country.
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