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Ukraine aims to increase energy production
Ukraine aims to increase the production of its own natural resources by exploring alternative resources and expanding coal production, the president said.
Russia urges quick missile defense deal with U.S.
A deal with Washington to assuage Moscow's concerns about U.S. missile defense plans in Europe is still possible, but time is running out, Russia's foreign minister said Wednesday.
Ukrainians and Russians vie for control of key Czech foundry
Ukrainian tycoon Konstantin Zhevago, an MP with imprisoned former PM Yulia Tymoshenko’s party, reportedly needs the ČKD foundry and engineering works in Kutná Hora to save his rolling stock business and is offering Kč 485 million for the bankrupt firm. However, the Russian rolling stock manufacturer Rail Group has put forward an offer of Kč 691 million and a promise to invest Kč 1.8 billion in it.
Ukraine to start buying natural gas on spot market
Ukraine plans to start compensating for reductions in the import of increasingly expensive Russian natural gas by buying the commodity this summer on the spot market, Ukrainian Energy and Coal Industry Minister Yuriy Boiko told reporters in Kyiv
PM Azarov: No "gas war" between Ukraine and Russia
Ukrainian Prime Minister Mykola Azarov declares there would be no new "gas war" between Russia and Ukraine.
Ukraine to cut Russian gas imports as talks stall
Ukraine is trying to ease pressure on state finances by reducing gas import volumes, government officials indicated on Wednesday, as it becomes increasingly pessimistic about getting Russia to cut the price of its gas supplies.
Russia's 'democracy package' for Syria
Given carte blanch by America and Europe to deal with Syria, Moscow is pressing Damascus to accept a deal that ends the bloody stalemate and safeguards Russia's interests in the region.
Iran backs Russian stance on nuclear dispute
Iranian President Mahmoud Ahmadinejad told his Russian counterpart Dmitry Medvedev on Thursday that he backs Moscow's efforts to resolve the dispute over Tehran's nuclear drive diplomatically, the Kremlin said.
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