Russia may replace Bulgaria with Romania in South Stream project
RIA Novosti reported that Russia gas monopoly Gazprom is likely to replace Bulgaria with Romania in the South Stream pipeline network since Bulgaria halted the other two joint energy projects with Russia.
Kyrgyz violence hurting business
Violence in Kyrgyzstan has dealt a blow to the nation's trade with China, and international analysts say the crisis could pose a threat to northwestern China's security.
Japan sets targets to tackle debt
Japan sets ambitious new targets to rein in its national debt, the largest in the industrialised world, and avoid a "Greek-style" crisis.
Russia unveils ski resorts plan for troubled north Caucasus
Russia aims to build a £10bn constellation of five ski resorts in its mainly Muslim north Caucasus region, where an Islamist insurgency claimed the lives of almost 1,000 people last year.
Russia invites Indian investment
Russia wants “strong Indian presence” in the energy, pharmaceutical and IT sectors, Prime Minister Vladimir Putin told Commerce and Industry Minister Anand Sharma.
Komorowski leads Polish presidential race, but run-off likely
Exit polls show interim president and parliament speaker Bronislaw Komorowski has won the most votes in Poland's presidential election but not enough to avoid a run-off in two weeks.
Turkey's agricultural exports on the rise
Turkey’s fresh fruit, vegetable and citrus exports increased by 15 percent in value while deceasing 1 percent in amount in the first five months of the year in comparison to the figures of the last year, according to a report released by the general secretary of the Mediterranean Exporter Unions.
Medvedev Sees Risk to Euro
Russian President Dmitry Medvedev expressed doubts about the future of Europe's common currency and said the Gulf of Mexico oil spill could threaten the survival of BP PLC.
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