Russia and Norway strike deal over oil-rich Barents Sea region
Moscow and Oslo have struck a deal that equally divides the long-contested Barents Sea between them. The agreement ends decades of negotiation over the inhospitable area believed to be rich in oil and gas deposits.
ROAR: Medvedev reaches maritime border agreement with Norway’s leadership
Moscow and Oslo have reached an agreement on the demarcation of maritime borders after almost 40 years of talks.
Parliamentary chaos as Ukraine ratifies fleet deal
Chaos has erupted in the Ukrainian parliament during a debate over the extension of the lease on a Russian naval base in Ukraine.
Merkel offers Greece support
Germany's Chancellor pledges conditional support for a European aid package to Greece, as Athens's borrowing costs hit record levels.
New Arctic needs new rules
A new, warmer Arctic cannot continue to operate under rules that assume it is ice-covered and essentially closed to fishing, resource exploration and development and shipping, WWF said today as it launched a group of reports on protecting a newly accessible, highly vulnerable environment with profound significance for global climate, the global economy and global security.
In China, real estate fever is rising
The country is treading dangerously close to a full-blown property bubble, economists say, and the industrial outpost of Hefei represents China’s embrace of housing to fuel economic growth.
EU puts plan to share bank data with US agencies back on track
The European Union is set to resume talks on the sharing of citizens' financial information with counter-terrorism agencies in the United States. The plans had been put on hold due to privacy concerns.
India, China growth helping developing nations: World Bank
But for the rapid progress made by India and China, the pace of poverty reduction in developing countries would have been still slower after the global economic crisis, according to World Bank's lead economist.
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