Russia redrawing Europe energy map
Things couldn't have been better for Russia's energy giant Gazprom even before news came in over the weekend that curtains could be coming down on one of the keenest battles of the Caspian great game, and Moscow is on a winning streak.
EU stability plan to bring poverty, inflation to Bulgaria
Bulgaria’s entry into the European Union will inevitably bring increased unemployment, cuts in social spending and inflation to the country’s population. The EU is currently using Bulgaria, which has the lowest wages in all of Europe, to set standards that could become a model for all of Europe.
Japan to Cancel Plan to Build More Nuclear Plants
Prime Minister Naoto Kan said Tuesday that Japan would abandon plans to build more nuclear reactors, saying his country needed to "start from scratch" in creating a new energy policy
Russia tests Iran nuclear power reactor
Russia has successfully completed a vital pre-launch test at the Bushehr nuclear power plant in Iran, the country's nuclear export agency said on Tuesday.
Asia stocks post muted gains amid Greece debt woes
Oil prices fell below $101 a barrel after a big jump the day before as traders anticipated a further rise in weekly U.S. crude inventories in a sign of weakening demand. The dollar strengthened against the euro but was steady against the yen.
Russia and Africa: vying for mineral resources
Russia is a vast country that is exceptionally rich in mineral resources. Therefore, a fairly commonly held view is that prospecting for minerals outside Russia, for example, in Africa, is not a sensible proposition. Does this viewpoint reflect the way things really stand?
Medvedev promises better arms for Russian military
President Dmitry Medvedev marked the anniversary on Monday of victory over Nazi Germany with a promise to arm Russian troops with the latest weapons and push reform of a military plagued by low morale and poor equipment.
Japan Reaffirms Nuclear Energy Use
Japan remains committed to nuclear power despite the crisis at the Fukushima Daiichi Nuclear Power Station, Prime Minister Naoto Kan indicated Sunday, as workers moved closer to repairing the crippled plant by opening the doors of a damaged reactor building.
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