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Wednesday, 24 October 2012 16:21 |
AFP Photo / Daniel Roland The total debt of the 17 eurozone member countries reached 90% of the value of the union's economy at the end of the second quarter of 2012, according to the data provided by Eurostat. Europe’s public debt rose from 88.2% in the previous quarter to the highest level since the euro was launched in 1999, as reported by the E... |
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Wednesday, 24 October 2012 15:44 |
Russia’s President Putin urged the country’s gas monopoly Gazprom to revise its export policy, as the “shale revolution” and the development of liquefied natural gas will seriously eat into the country’s export revenues.
Experts agree that ‘alternative commodities’ have already started to reshape the market, with the US posing tough com... |
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Wednesday, 24 October 2012 15:05 |
Justin Sullivan / Getty Images / AFP The European Commission suspects Microsoft is breaching the antitrust agreement to give customers a choice of internet browser on its Windows 7 operation system. Microsoft was sent an official complaint a few days before it starts selling its new Windows 8 system. The world’s leading software producer may be f... |
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Wednesday, 24 October 2012 13:40 |
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In Russia, there are two companies that design airships. The firm Augur has produced 12 airships of five different types since 1999. Nowadays, one of the company's latest models, Au-30, prepares to fly to the North Pole. The Defense Ministry buys the majority of airships to conduct patrol, technical monitoring, aerial, geophysical and other... |
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Wednesday, 24 October 2012 13:21 |
RIA Novosti / GrigorySyisoev US-based Moody's rating agency has placed ratings of Russia’s oil major Rosneft and Anglo-Russian JV TNK-BP on review for downgrade as Rosneft announced plan to buy 100% of TNK-BP for as much as $45 billion in cash. Moody's pointed out that its decision “reflects the considerable scale of the proposed transactions” asso... |
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Wednesday, 24 October 2012 11:38 |
John Moore / Getty Images / AFP Swedish furniture retailer IKEA plans to completely shift to renewable energy by 2020 and will invest up to 1.5 billion euro in wind and solar energy as part of new safeguard nature strategy. In terms of its greener program "People & Planet Positive" IKEA aims to meet 70% of its energy demand "from renewable... |
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Tuesday, 23 October 2012 23:29 |
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The story we like to tell is that the cold war was, indeed, cool and that rational liberal democracy saved the day. Neither is true The 50th anniversary of the Cuban missile crisis falls at a time of election; of uncertain political transition in North Korea; of rising geostrategic ambitions in Putin's Russia and during a heightened standoff between... |
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Tuesday, 23 October 2012 21:30 |
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Ukraine's still-Stalinist judiciary was used to destroy the former prime minister. Now the United Nations will hear of her plight Yulia Tymoshenko, heroine of the "orange revolution" and one of the few women ever to achieve prime ministerial office in the former Soviet republics, is not allowed to stand in Ukraine's current national election. For... |
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Tuesday, 23 October 2012 16:01 |
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The third presidential debate made it clear: from Israeli-Palestinian affairs to the eurozone crisis, foreign politics will have precious little part to play in this US election Israel and the PalestiniansFor decades a focal point of US foreign policy, the Israeli-Palestinian conflict was a notable absence in Monday's presidential debate. The only... |
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Tuesday, 23 October 2012 15:15 |
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Vekselberg is one of five oligarchs who control AAR, which has sold its 50% stake in TNK-BP to Rosneft for $28bn He may not be the most famous businessman in Russia, but Viktor Vekselberg is now the richest. That is the status the natural resources investor has been accorded by the Bloomberg Billionaires Index, following AAR's sale of its 50% stake... |
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