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Oil could hit a new record in 2012
Crude oil may rise for a fourth year to a record average price in 2012 as demand in emerging markets increases and the U.S. avoids a recession.
Opposition leaders skeptical on Medvedev reform plans
The head of the liberal Yabloko party is skeptical about prospects for implementing the political reforms proposed by Russian President Dmitry Medvedev on Thursday, saying that the outgoing president would not have enough time to follow through on them.
Ukraine wants Russian gas at $250/tcm
Ukraine wants to pay its sole gas supplier Russia no more than $250 per thousand cubic metres, Ukrainian President Viktor Yanukovich said on Wednesday.
Saudi oil weakens Iran's hand in ChinaFrance, Turkey appear set to clash over new Armenian genocide law
France and Turkey are heading toward a showdown this Thursday, as France moved to make denial of the Armenian genocide a crime punishable by a 45,000-euro fine and a year in jail – and an apoplexic Turkey threatened to retaliate if the sensitive matter was dealt with in this fashion.
Saudi oil weakens Iran's hand in China
Saudi crude exports to China have surged, strengthening the Asian country's hand in a price dispute with Iran.
Kyrgyzgaz’s privatization by Gazprom discussed in Moscow
Kyrgyz President Almazbek Atambayev discussed the possibility of Kyrgyzgaz's privatization by Gazprom with the company's head Aleksey Miller in Moscow on Monday, RIA-Novosti reports.
France, Turkey in war of words over Armenian genocide bill
France's foreign ministry on Tuesday warned Turkey against economic reprisals over draft French legislation that would make it a crime to deny that Armenians had suffered a 'genocide' at the hands of Ottoman Turks during World War I.
US Needs China in Korea Crisis
Truth be told, the worst thing in the world that could happen – next to a nuclear war between Pakistan and India – would be a nuclear conflict in northeast Asia and the Korean peninsula. In both cases, millions, or tens of millions, could die. And it’s possible to envision a disoriented, paranoid North Korean leadership triggering a war with South Korea and its allies, with the ever-present danger that such a war could escalate if North Korea used its stockpile of nuclear bombs. In addition, the flow of countless refugees across the border into China would likely involve Beijing in the crisis instantly.
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