Iraq’s oil minister has repudiated a Saddam Hussein-era contract with LUKOIL on grounds that it was “totally unfair.” Conversely, Iraq is reportedly on the verge of reviving an 11-year-old contract with China worth $1.2 billion, which ...
The Bank of Moscow has raised $333.7 million through an issue of additional shares. Russia’s richest woman, Yelena Baturina, among other shareholders, is selling her shares in Sberbank, Russia’s largest state-owned bank, after they lost almo...
TODAY: US and Poland sign missile agreement; Abkhazia to request recognition of independence; Russian troops to be out of Georgia by Friday; Georgia to reinstate monarchy?; all eyes on Ukraine; Nato freezes Russian relations; Russian Democrats com...
Here are some collected opinions on the war, which hopefully exhibit clear connections. Anne Applebaum: But if this becomes a long-term conflict, if the Russian military remains in Georgia proper, if this turns out to be only the first of several ...
David Lee Smith at Motley Fool wonders when Western investment in Russia will grind to halt. Given my experience, I have yet to see the limit to investor’s risk threshold … the institutions seem bent on reaching a total collapse before...
This past weekend, we reported on the spate of robberies and looting by Russian troops and groups of South Ossetian bandits following a phone call with a Georgian official. Today the New York Times corroborates these reports with some of the first...
This one comes from The Moscow Times. Sarah E. Mendelson suggests that the United States only has two options when it comes to dealing with Russia these days – Cold War containment, or post-Soviet integration. But, she says, Russia’s current...
Venezuela has been strongly supportive of Russia for some time now, with the two sharing an arms trade worth $4 billion and a mutual dislike of the US. President Hugo Chávez has been using the Georgian war as a good excuse to weigh in on Russia’s ...
Is oil production falling at all of the major Western oil companies because of a loss of influence? Oil prices have fallen as Tropical Storm Fay avoided oil-producing infrastructure in the Gulf of Mexico. The Czech Republic and Poland have signed ...
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