Austria determined to keep EU's Syria arms embargo
Austria will resist British-led efforts to lift or dilute a European Union arms embargo on Syrian rebels, Chancellor Werner Faymann said on Tuesday, arguing that more weapons would only fan the fighting and may snuff out chances for peace talks.
G7 to press on with bank reforms, Japan escapes censure
Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan's drive to galvanize its economy.
U.S. government threatens the end of the oil shale business
The oil-shale oil production business plans of Estonian state-owned energy company Eesti Energia in the USA might come to an end if the amendments to the oil shale mining industry that were revealed at the end of March by the U.S. government come in force, LETA/Eesti Päevaleht writes.
Israel asks Russia not to sell Syria advanced S-300 air shield
Israel has asked Russia not to sell Syria an advanced air defense system which would help President Bashar al-Assad fend off foreign military intervention as he battles a more than two-year-old rebellion, Israeli officials said on Thursday.
China calls U.S. the "real hacking empire" after Pentagon report
China on Wednesday accused the United States of sowing discord between China and its neighbors after the Pentagon said Beijing is using espionage to fuel its military modernization, branding Washington the "real hacking empire".
Saakashvili Opposes Gas Imports From Russia
Georgian President Mikheil Saakashvili harshly criticized Georgian government's statements on possible resumption of natural-gas imports from Russia.
Russia, U.S. Back Syria Diplomatic Solution
Russia and the United States have announced they will encourage the rebels in Syria and Damascus government to hold talks on a political transition to end more than two years of bloodshed that has left some 70,000 dead.
Turkey to become a ‘net energy exporter’
Turkey may become a net energy exporter in the Middle East in the medium term, specifically in light of failures to provide energy in the region due to security concerns.
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