Cyprus reaches ‘painful’ solution to secure rescue
Cyprus clinched a last-minute solution to avert imminent financial meltdown early Monday after it agreed to slash its oversized banking sector and inflict hefty losses on wealthy depositors in troubled banks to secure a 10 billion euro ($13 billion) bailout.
‘Foreign Ideas’ as Extremism in Central Asia
In former Soviet Central Asia there is little debate that the root problem [of extremist beliefs] is “foreign ideas,” defined so broadly as to become a target of opportunity for both every political purpose and every local policeman or official’s ambition. Any sign of dissent from state policies or ideology can be enough to bring the wrath of the state, sometimes with great violence.
Kazakhstan Blackmails Russia over Gas Supplies
Kazakhstan could divert its natural gas supplies from the largest deposit in Karachaganak to China if it fails to sign a contract with Russia.
Turkmenistan plans production at big gas field
Turkmenistan aims to start production by July at the Galkynysh natural gas field, the world's second largest, said its minister of oil and gas as the country seeks to boost exports of the fuel and diversify its markets.
Ukraine gives its gas transport system to Azerbaijan in exchange for Azeri oil in 2016 and construction of hydroelectric plant
The Ministry of Energy & Coal Industry of Ukraine informs that Stavitsky was received by First Deputy Prime Minister of Azerbaijan Yagub Eyubov, met with Industry & Energy Minister Natig Aliev, participated in a meeting with involvement of representatives of the State Oil Company of Azerbaijan (SOCAR) and Azerenerji OJSC.
Kazakhstan may transport oil through Turkmenistan and Iran
Kazakhstan does not exclude the possibility of transporting its oil through the new Kazakhstan-Turkmenistan-Iran railway to the Persian Gulf, the general director of KazTransOil JSC Kairgeldy Kabyldin told Trend.
UK to step up support for Syrian opposition
The UK is to provide armoured vehicles and body armour to opposition forces in Syria "to help save lives", Foreign Secretary William Hague has said.
U.S. warns Iran of more "isolation" in nuclear dispute
The United States warned Iran on Wednesday that it faces further international isolation if it fails to address U.N. nuclear watchdog concerns about its atomic activities.
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