Pimco chief says public finance shock may deepen
Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, says deteriorating public finances may seriously hurt the global economy.
Russia's Putin in India to sign arms deals worth crores
Putin will sign more than a dozen pacts amounting to 10 billion dollars, including an accord to resolve the troubled sale of a refitted Soviet-era aircraft carrier, the Admiral Gorshkov.
Greece and Afghanistan set agenda for Merkel's Netherlands visit
Afghanistan and Greece were on the agenda for Chancellor Angela Merkel's visit to the Netherlands. Merkel, who met Queen Beatrix and Prime Minister Jan Peter Balkenende, praised relations between Berlin and The Hague.
Azerbaijan doubles gas sales to Russia
Azerbaijan has more than doubled its natural-gas exports to Russia, shipping up to 3 million cubic meters of gas per day to its northern neighbor.
India to sign nuclear, Gorshkov deals with Russia
India and Russia will on Friday tighten their ties by signing a slew of agreements, including an umbrella civil nuclear pact and another accord fixing the cost of the refurbished aircraft carrier Admiral Gorshkov at $2.35 billion
IMF says property taxes much too low
RIGA - The International Monetary Fund is advising Latvia to increase its assessed property valuations, after the group’s technical mission determined that the assessed property values in maj...
Gazprom demands $140 million from Lithuania
VILNIUS - Russian state-owned energy giant Gazprom has sent a letter to the Lithuanian government demanding $140 million in payouts for a unprofitable power plant. The gas company bought the po...
Council blasts Estonian citizenship laws
TALLINN - The European Commission against Racism and Intolerance (ECRI), an arm of the Council of Europe, has lambasted Estonia for the large number of non-citizens in the country. The ECRI sa...
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