IEA head: Turkey should reform energy market to attract investment
Turkey needs large investments in its energy infrastructure to avoid bottlenecks in supply, International Energy Agency (IEA) Executive Director Nobuo Tanaka said yesterday, adding that the government should accelerate efforts to reform its energy market to attract these investments.
Belarus and Georgia get together for a few potshots at Russia
Alexander Lukashenko, the hardline president of Belarus, and Mikhail Saakashvili, the leader of Georgia, have forged an unlikely political alliance in a "media war" with the Kremlin.
West wastes energy by lecturing China
A media report earlier this week said China had overtaken the US as the world's biggest energy consumer. The report was based on an interview with Fatih Birol, chief economist of International Energy Agency (IEA). Although a day later Chinese officials refuted the claim, the Western media were quick to shed crocodile tears over an "energy-hungry dragon".
India ignoring Washington as it woos Iran
India and Iran have decided to give new direction to their bilateral ties that have been dormant for some time now.
Russia's Medvedev in Finland To Discuss 'Family Affairs'
Russian President Dmitry Medvedev arrived with a visit to Finland. He will discuss a wide range of issues with Tarja Halonen, from big politics to economics and visas. They may also discuss numerous family scandals involving mixed Russian-Finnish families.
Losing the resources game
While Washington sleeps, China is winning the great new game in Central Asia, locking up its rich natural resources.
Azerbaijan's rail traffic suffers from blasts in Russia
Due to frequent blast incidents on the railway in Russia's Dagestan republic demand for tickets for trains leaving Azerbaijan in that direction has fallen by up to 30 percent, Azerbaijan Railways chief engineer Gurban Nazirov said.
Putin Lures $1 Billion Less Than Planned as Investors Seek Higher Yields
Russia raised 34 billion rubles ($1.1 billion) less than offered at two bond auctions yesterday as investors demanded higher yields than the government was willing to pay.
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