Georgian President recalled ambassadors from several countries
						 
					Georgian President Mikheil Saakashvili recalled ambassadors from several countries, presidential administration reported. 
 
						Russia: Logistics key to retail expansion
						 
					Thanks to relative political stability and strong oil and gas prices, Russia's retail turnover more than quintupled from 2001 to 2011 and now exceeds US$600 billion annually. Data suggest that this sector is entering the steepest part of its growth curve. How will Russia's retailers face the challenges of this critical period of expansion? Will foreign retailers manage to get a slice of this growing pie? 
 
						Feasibility Study for Bulgaria-Serbia Gas Interconnection Completed
						 
					Bulgaria's Deputy Economy Minister noted that the existence of gas grid interconnections would give Bulgaria the opportunity to develop the gas market and to persuade the European Commission that it took the problem seriously. 
 
						Power pricing reform is necessary
						 
					The guidelines will abolish electricity and coal contracts from 2013. Coal companies and power plants will be able to settle coal prices through negotiations, says an article in 21st Century Business Herald. 
 
						Chinese companies helping Iran?
						 
					A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard (HP) computer equipment to Iran’s largest mobile phone operator in late 2010, documents show. 
 
						How strong are the ties that bind Russia and India?
						 
					Russian leaders come to India for a few hours and go back with defence deals worth billions. Much like last year, the Russian president, Vladimir Putin, was in India on Monday for less than 24 hours and the two nations ended up signing deals worth $4 billion. 
 
						Georgian government to focuse more on EU integration
						 
					Ministry of Foreign Affairs of Georgia and the government will be more oriented towards integration into the European Union. Euro-Atlantic course of Georgia will be unchanged in the next year, Minister of Foreign Affairs Maya Panjikidze in an interview to "Rustavi-2". 
 
						India, Russia sign defence deals during Putin's visit
						 
Russia has concluded a challenging 2012 in India with three deals involving additional fighter aircraft and helicopters. 
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