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Saturday, 09 June 2012 23:40 |
Eurozone finance ministers have agreed to lend Spain up to 100 billion euro to save its faltering banking sector, which has been beset by bad debt borne out of the property bubble. Spain said it would accept the generous offer, but refrained from providing an exact sum of its needs until after two independent consultancies – Oliver Wyman and Ro... |
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Saturday, 09 June 2012 18:40 |
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Foreign minister's comments suggest that Moscow's backing for Syrian president is weakening Russia has indicated that it will no longer stand in the way of the departure of Syria's President Bashar al-Assad if that is what Syrians want. The comments by Russian foreign minister Sergey Lavrov come despite Russia's insistence that there should be no... |
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Saturday, 09 June 2012 16:27 |
RIA Novosti/Aleksey Kudenko The EU wants airlines to pay for exceeding their carbon allowances. The tax coupled with high fuel costs affecting air carriers profits, would risk finally hitting passengers in the wallet. The world's air carriers are meeting in Beijing for the International Air Transport Association (IATA) annual conference, with talks... |
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Saturday, 09 June 2012 15:59 |
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Putin said that he signed the law and analyzed the materials, which the State Duma had sent him. "Comparing the law to similar laws of other European countries and judging upon those materials, I can say that our law does not have a regulation that would be tougher than the measures stipulated by similar laws in the countries that I mentioned"... |
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Saturday, 09 June 2012 07:36 |
Trading in Russian floors is expected to be sluggish on Saturday, as all other major exchanges will be closed for a normal weekend. Investors in the country will be largely reflecting the news of the past week, which was the best so far this year. Russian floors will have a full trading session on Saturday to compensate for the following 3 – day h... |
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Friday, 08 June 2012 23:45 |
If the eurozone is to survive, monetary union is not sufficient insists in an exclusive interview to RT American economist Nouriel Roubini, who anticipated the collapse of the US housing market and and the global recession in 2008. RT: In 2006 you predicted the crisis, 6 years later we are still in it. Did you expect it to be so deep? Where we are... |
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Friday, 08 June 2012 20:16 |
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The UN and Nato must heed the lessons of Kosovo and Bosnia: that diplomacy and force are effective only in alliance Kofi Annan, the UN special envoy to Syria, did not mince his words when the security council met yesterday. "If things do not change, the future is likely to be one of brutal repression, massacres, sectarian violence and even all-out... |
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Friday, 08 June 2012 14:38 |
Ships are seen in the Strait of Hormuz off Oman (AFP Photo/Karim Sahib) Fears Iran may close the strategically vital oil route through the Strait of Hormuz has prompted the United Arab Emirates to seek an alternate route to export its product. OPEC's third largest exporter of oil has almost finished constructing a pipeline that will allow it to... |
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Friday, 08 June 2012 10:52 |
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In June of 1950 the Soviet government sent out to all interested parties a statement of non-recognition of any decisions with respect to Antarctica taken without the participation of the Soviet Union. This once again reminded of the priority of Russian discoveries in the Antarctic. In fact, this continent could have been Russian as once was Alaska... |
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Friday, 08 June 2012 02:33 |
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New letter to Tehran calls for a 'political commitment' at this month's Moscow talks Tensions have spilled into the open in the run-up to the critical next round of negotiations over Iran's nuclear programme in Moscow due to start on June 17. Nerves are on edge after the disappointment in Baghdad last month, where there was no real progress,... |
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