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Russia delays Belarus rescue loan until June
Russia said Thursday its cash-strapped neighbour Belarus will have to wait at least until next month before it receives a bailout loan to help fill its cash-starved state coffers.
GE Gas Turbines to Provide Power for Sochi, Russia
Abundance of Natural Gas, Favorable Gas Pricing Help Drive Demand for Gas Turbines --Power Producers Seeking Flexible, Efficient Methods to Meet Electricity Demand --GE Gas Turbines Surpass 300 Million Hours of Operation GE (NYSE: GE) today announced it will supply two advanced technology aeroderivative gas turbines that will help to power the 2014 Winter Olympic Games in Sochi, Russia. The latest in a series of gas turbine orders received by GE in recent months, the project underscores a strong global demand for flexible, cost-effective and efficient electricity generation.
Belarus 'Accepts' $3 Billion Loan
Finance Minister Alexei Kudrin said Tuesday that Belarus appeared to have accepted the terms of a $3 billion loan offered by a Russia-led group of former Soviet republics to save the teetering Belarussian economy from a disastrous collapse.
Ukraine to buy less Russian gas in H2 2011
Ukraine will cut the volume of natural gas purchase from Russia in the second half of this year, Ukrainian Prime Minister Mykola Azarov has said.
Russia blocks UN report on Iran arms
Russia is attempting to suppress a United Nations report that says Iran has been breaking a U.N. arms embargo by shipping weapons to Syria, Western diplomats said Thursday.
Belarus says Europe destabilizes its situation
Approaches of the European Parliament to Belarus are unacceptable and contrary to the principles of good neighborliness, which destabilizes situation in the country, Belarusian Foreign Ministry official said
Russia, Pakistan for joint fight against terror
Russia and Pakistan have agreed to give top priority to their joint fight against terrorism and drug trafficking and to expand economic ties between the two countries.
Russia sends second consignment of fuel for Iran's nuclear power plant
The second consignment of fuel for Iran's nuclear power plant was delivered from Russia to the southern Iranian city of Bushehr, the local satellite Press TV reported on Wednesday.
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