S Korea, China, Japan Agree To Work For Free-Trade Bloc
Ahead of a three-nation summit this week-end involving South Korea, China and Japan, their trade ministers have agreed to work for creating a free-trade bloc as a part of efforts to spur economic partnership among the three Northeast Asian nations, said a joint statement Sunday.
A New Era for the Balkans?
There are signs of hope regarding recent developments in the Balkans. Various new trends point to a more optimistic scenario for the future of the region.
Euro fall spells trouble for the Balkan EU perspective
The Euro crisis is far from over despite – or perhaps because of – the decision by the European Central Bank to set up a 750 billion euro emergency fund to protect the eurozone countries from going bankrupt. The economic outlook is grim, which is likely to have some profound political consequences, not least on the EU’s enlargement policy.
British Airways crew begin strike
British Airways cabin crew begin a five-day strike in their long-running dispute over jobs and pay.
S Korea freezes trade with North
South Korea's president suspends trade with the North, after a report blamed Pyongyang for sinking a southern warship.
Russia Ready to Invest $1 Billion in Namibian Uranium
Russia is ready to invest about $1 billion to develop uranium deposits in Namibia, the world’s fourth-biggest producer of the metal, said Sergei Kiriyenko, chief executive officer of Rosatom Corp.
Russian Industrial Output Surges More Than Forecast
Russian industrial output surged in April as the manufacture of cars, steel pipes and freight cars increased, signaling a rebound from the country's worst recession may be picking up pace.
Price of power from gas-based plants to go up
The selling price of power generated by gas-based plants will go up by up to Rs 1.20 per unit on account of the hike in the price of natural gas, government said today.
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