Section: Africa&ME
Putin Drops South Stream Pipeline to EU, Courts Turkey Instead
ANKARA—Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts. The EU, at loggerheads with Moscow over Ukraine, and keen to reduce its energy...
Pro-European parties narrowly win Moldova polls
CHISINAU — Pro-European parties edged out those backing closer ties with Russia in weekend parliamentary elections in ex-Soviet Moldova, which took place against the backdrop of the bloody conflict in neighbouring Ukraine. …read more Source: Saudi...
Turkey strikes gas deal with Russia
Russia will reduce the cost of gas it supplies to Turkey by 6% beginning next year, President Vladimir Putin has said. Turkish daily ‘Zaman’ reports that Turkey would be buying an additional 3 billion cubic meters of gas from Russia. Last year, 13.7 bcm of gas was pumped to Turkey via Blue Stream. Addressing a joint press conference with...
Russia drops South Stream pipeline, Putin blames Europe
By Darya Korsunskaya RUSSIA’S Gazprom on Monday cancelled a project to construct the South Stream pipeline to supply gas to southern Europe – an apparent casualty of the dispute between Moscow and the West over Ukraine. The announcement was made after Russian President Vladimir Putin said during a state visit to Turkey earlier in the day...
Putin, Erdogan meet to strengthen ties – Strongmen set aside differences
ANKARA: Turkish President Recep Tayyip Erdogan yesterday held talks in Ankara with his Russian counterpart Vladimir Putin aimed at boosting trade and strengthening relations, despite sharp differences over the crises in Syria and Ukraine. Erdogan personally welcomed Putin for the one-day state visit at the gates of his controversial new...
Turkey says Russia ready to improve rights of Crimean Tatars
Turkish and Russian leaders hold joint press conference on bilateral relations and Ukraine crisis …read more Source: Anadolu...
Moldova pro-European parties eye coalition
Pro-European parties in Moldova pledged to pull together a coalition to steer the ex-Soviet country on a path towards EU integration. ||| Chisinau – Pro-European parties in Moldova pledged on Monday to pull together a coalition to steer the ex-Soviet country on a path towards EU integration after securing a narrow win in a weekend...
Russian rouble suffers worst fall since 1998
The rouble has depreciated about 40% against the dollar this year, due to collapsing oil prices and sanctions imposed against Russia’s support for a separatist uprising in eastern Ukraine …read more Source: Business...
The bank where women rule
How about a central bank where women outnumber men? This is the Bank of Thailand… ||| Bangkok – Janet Yellen’s appointment as Federal Reserve chair this year was hailed as another step toward gender equality. How about a central bank where women outnumber men?This is the Bank of Thailand, which runs monetary policy in Southeast...
NATO Chief: Russia Violating Ukraine Cease-fire
NATO says Russia is violating a truce in eastern Ukraine by sending in convoys with advanced weapons and personnel reinforcements for pro-Russia separatists fighting Ukrainian government troops.“We see a significant military buildup in and around Ukraine… large transfers of Russian advanced weapons, equipment and military personnel to violent...
