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EU looks to toughen up defenses against cyber warfare
The EU is preparing to strengthen defenses against large-scale online cyber attacks that could be used as a weapon. Meanwhile, a newspaper says NATO is planning to make online assaults a military alliance matter.
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India to get Russian nuclear submarine in March
India's undersea warfare will receive a major boost after Russia transfers its nuclear-powered K-152 Nerpa attack submarine on a 10-year lease in March next year.
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Russia's season for summits
chancellor Angela Merkel at the luxury French beach resort of Deauville from October 18-19. Both invitations concerned joint security concerns of the West and Russia. Western media reported that the NATO invitation was a "bid to enhance security
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New spat over bill increases stress on US-Chinese relations
A new US lawmakers' bill aimed at exerting pressure on China's currency policy has stirred up fresh tension between the two economic superpowers, but commentators believe the effect on the wider conflict will be minimal.
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IMF chief says sees no need to help Ireland
IMF chief Dominique Strauss-Kahn said in a newspaper interview on Friday that he did not expect Ireland to call on a European rescue fund to help the country cope with its financial crisis.
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Arctic Grab Is Mad Fight for Last Oil Frontier: Matthew Lynn
have the phrase Cold War, wed have to invent it to describe the power struggle taking place for Arctic Ocean resources. Companies such as BP Plc and OAO Gazprom are readying themselves for the last great energy frontier. Russia, the U.S., Canada and
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Russia's Putin says he wants peaceful division of Arctic
Russia is staking its economic future on its controversial territorial claim to a huge slice of the fast-melting Arctic, which holds up to a quarter of the world's untapped energy resources, and is set to launch an unprecedented diplomatic campaign to
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EBRD to focus on Turkish energy sector, bank president says
The European Bank of Reconstruction and Development could be investing a billion euros annnually in Turkey by 2012, the bank's president said.
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