Intraday electricity market to be launched in Estonia in October
Nord Pool Spot, the Estonian transmission system operator Elering and the Finnish system operator Fingrid are finishing their preparations for Estonia to join the intraday market Elbas. Target date for the launch is October 19, 2010.
Japanese Stocks Rise on Hopes Bank of Japan Will Boost Economy
Japanese stocks rose on speculation the Bank of Japan will act to boost the economy after a report this morning showed the country’s largest manufacturers forecast business will deteriorate.
UN warns of rising terrorism in Central Asia
Governments in Central Asia and the Sahel-Maghreb region should build up capacity to fight growing Al Qaeda-led terrorism, UN Secretary General Ban Ki-moon said Monday.
Can Russia be China's gas supplier?
Russia has massive stores of natural gas and its economy needs a cash infusion from sales to get it through the economic downturn that has crimped oil sales.
Medvedev proposes national Russian investigative agency
Russian President Dmitry Medvedev has called for the creation of a national law-enforcement agency that would be under the president's direct control, the Kremlin announced on Monday.
Energy deals strengthen China-Russia 'blood' ties
China and Russia celebrated the expansion of their economic and political ties with more energy deals on Monday, one day after Russian President Medvedev said the two nations had forged an "indestructible" friendship that was "sealed by blood" in their wartime alliance.
Russia prepares to open oil pipeline to China
Russia and China broke the ice in their long-cool energy relationship on Monday as they prepared to open a pipeline that will bring Siberian crude oil to China, but a similar agreement on gas proved a bridge too far.
EU preparing to renew Belarus sanctions as election looms
Belarus' hardy autocratic ruler, Aleksander Lukashenko, is set to suffer a small blow to his image ahead of upcoming elections when the EU renews its travel ban on the President and 35 of his officials next month.
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