Section: Dunya TV (Pakistan)
Juncker’s new EU Commission takes office
Brussels (AFP) – The new European Commission led by EU veteran Jean-Claude Juncker formally took office Saturday, promising to get down to work as Europe faces a host of political and economic challenges.The agenda is heavy, with Juncker making it his first task to launch a 300 billion euro ($380 billion) investment plan by Christmas to...
Russia has met obligations on Ukraine gas deal: Gazprom
Moscow (AFP) – Russia has fulfilled its obligations outlined in a gas deal reached with Ukraine by signing a decree setting a lower price for the commodity, energy giant Gazprom said on Saturday.The Russian government has just signed a decree on lower prices for exports (gas) to the Ukraine, Sergey Kupriyanov, the spokesman for Gazprom,...
Ukraine fighting intensifies ahead of separatist vote
Donetsk (Ukraine) (AFP) – Seven Ukrainian soldiers were killed and heavy shelling erupted Saturday across the countrys south-east on the eve of separatist elections backed by Russia, but condemned by Kiev and Western governments.Losses in the last 24 hours as a result of fighting were six servicemen killed and 10 wounded, Volodymyr Polyovy,...
Canada’s new human rights museum shares oral histories
innipeg (Canada) (AFP) – A new museum in Canadas western prairies has amassed a unique collection of personal stories from genocide survivors, human rights defenders and others, and wants to share them.Dedicated to the 60-year-old notion of human rights, a singular but intricate ideal, the Canadian Museum for Human Rights in Winnipeg,...
Russia central bank in surprisingly big rate hike
MOSCOW (AP) – Russias central bank has raised its main interest rate by more than anticipated as it tries to stem the rubles fall.The bank on Friday lifted its main rate from 8 percent to 9.5 percent in a move reflecting the banks concern over the plummeting currency. The ruble fell to an all-time dollar low of 43.4 earlier this week, but...
Russia: Natural gas will flow after Ukraine pays
MOSCOW (AP) – Russia will resume shipping natural gas to Ukraine after Kiev pays off its first debt installment for past supplies of gas next week, officials said Friday.Alexei Miller, chief of Russias state-controlled Gazprom natural gas giant, made the statement hours after Russia, Ukraine and the European Union thrashed out a $4.6...
Total’s new boss promises stability after CEO death
London (AFP) – French energy major Totals new chief executive promised continuity at his first public appearance on Thursday as Russia charged a second person over the plane crash that killed his predecessor.My objective is mainly continuity and stability, Patrick Pouyanne said at the Oil and Money conference in London after being nominated...
Ukraine, Russia, EU agree gas supply deal: EU source
Brussels (AFP) – Russia agreed to resume gas deliveries to Ukraine through the winter in an EU-brokered deal reached by the three parties in Brussels on Thursday, an EU source said.The details will be outlined by European Commission head Jose Manuel Barroso as well as the Russian and Ukrainian energy ministers during a press conference...
WhatsApp founders own nearly $9B in Facebook stock
SAN FRANCISCO (AP) -WhatsApp founders Jan Koum and Brian Acton received 116 million shares of Facebook stock currently worth nearly $9 billion when they sold their unprofitable messaging service to the social networking leader earlier this month.The breakdown of the big winners in Facebook Inc.s $22 billion acquisition emerged Wednesday in a...
Rocket failure casts spotlight on risks of space flight
Washington (AFP) – The explosion of a privately owned rocket on its way toward the International Space Station cast a spotlight on the risks involved with NASAs reliance on the fledgling commercial space industry, experts said Wednesday.The accident was the first major setback since private companies stepped in to replace US access to space...
