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News

10.01.2008Kosovo vote foreshadows independence declaration
Kosovo's parliament has approved a coalition government led by former guerilla leader Hashim Thachi. Deputies voted by 85 to 22 to back his Democratic Party in a coalition with the Democratic League of Kosovo.

10.01.2008Polish PM visits Prague for missile shield talks
Poland's prime minister will arrive in the Czech Republic on Thursday to discuss the controversial issue of U.S. plans to deploy missile defense elements in the two Central European countries.

10.01.2008Georgian human rights chief says presidential election rigged
Georgia's human rights commissioner said on Wednesday that Saturday's presidential polls, at which Mikheil Saakashvili was re-elected, were marred by large-scale ballot fraud.

10.01.2008Putin appoints 'nationalist' Rogozin as Russia's NATO envoy
President Vladimir Putin signed a decree appointing Dmitry Rogozin, an outspoken nationalist ex-lawmaker, as Russia's permanent envoy to NATO, the Kremlin press service said on Thursday

21.12.2007Murmansk Shipping Co. to build 12 ice class ships in China
The Murmansk Shipping Company is set to sign contracts with Chinese shipbuilders on the construction of 12 ice-class bulker ships, the company's general director said on Thursday.

21.12.2007Toyota opens new car plant in St. Petersburg
Japanese auto giant Toyota will open a $160 million factory in St. Petersburg producing 20,000 cars per year on Friday, the city administration announced.

21.12.2007Russia, Belarus sign agreement on $1.5 billion stabilization loan
Russia and Belarus signed on Thursday an intergovernmental agreement to grant Minsk a $1.5 billion stabilization loan.

19.12.2007This year Belarus has increased exported by $1.7 billion
A trade deficit in 2008 is expected to amount to $1.4 billion, Prime Minister of Belarus Sergei Sidorsky said during a session of the Council of Ministers.

19.12.2007In 2008, investments in Belarus projected to grow by 25%
In 2008 investments in Belarus are projected to grow by 25%, Prime Minister of Belarus Sergei Sidorsky said at a session of the Council of Ministers. Attracting investments is the main issue of the Belarusian economy. This especially pertains to direct foreign investments, Sergei Sidorsky said. Capital investments account for 24.6% of GDP. This is a good showing but we need to build it up, the Prime Minister said. By the end of 2007 the growth of investment has slowed down since the beginning of the year (20-25% early in the year, 15% - at the end of 2007).

19.12.2007Belarus needs to reach all social targets in 2007, Sergei Sidorsky says
This year Belarus needs to reach all the social targets, Belarusian Prime Minister Sergei Sidorskiy told a session of the Council of Ministers of December 18.

19.12.2007Israeli PM vows to continue 'war' against Palestinian radicals
Israel's premier has pledged to continue "hunting" Palestinian radicals and praised air strikes which left at least ten Gaza militants dead in the past two days.

19.12.2007Ukraine's new Cabinet to start work on Wednesday
Ukraine's new Prime Minister Yulia Tymoshenko said on Tuesday her government would hold its first session on Wednesday, focusing on the national budget.

17.12.2007Belarus to buy Russian gas at $119 per 1,000 cu m in 1Q08
Russia's natural gas will be supplied to Belarus in the first quarter of 2008 at the price of $119 per 1,000 cubic meters, a high-placed source in the Russian energy giant Gazprom said Saturday.

17.12.2007Russia starts delivering nuclear fuel to Iran
The first shipment of nuclear fuel has been delivered to Iran's Bushehr nuclear power plant, Russia's state nuclear agency said on Monday. "Containers with fuel sealed by IAEA [International Atomic Energy Agency] inspectors have been delivered to the site and placed in a special storage facility subject to international safety monitoring," Rosatom said.

14.12.2007Upbeat over treaty, EU leaders jittery over Kosovo
Kosovo looms large on the agenda at today's European Council summit in Brussels. Current EU president Portugal launched the get-together in a jovial atmosphere, as the 27 heads of state and government are fresh from their success at signing a new reform treaty in Lisbon.


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