Iran's Oil Exports Down 40 Percent Due To Sanctions
A top Iranian official says the country's oil exports have been slashed 40 percent in the past nine months by Western sanctions.
Tehran Posits Itself as Provider of Energy Security
Seeking closer economic ties, Iran posited itself as an attractive transit destination to other countries and a net provider of energy security at a press conference by top official Saeed Jalili, who is being spoken as a presidential candidate to replace Mahmoud Ahmadinejad on his completion of two terms in office
Israel disarmament key to resolve Iran nuclear issue
Turkish President Abdullah Gul has stressed the importance of eradicating nuclear weapons in the region, saying the atomic disarmament of Israel would be the key to resolving outstanding issues pertaining to Iran’s nuclear energy program.
Japan likely to increase defense spending due to isles row
Japan's government is likely to increase defense spending for the first time in 11 years, Japanese media reported on Saturday, as newly elected Prime Minister Shinzo Abe pledges a sterner response to a territorial dispute with China.
Iran Agrees To Fresh Nuclear Talks
Iran says it agrees in principle to resume international talks on its controversial nuclear program later this month.
Ukraine wants trade agreements with EU and Russia
Ukrainian President Viktor Yanukovich said his country planned to sign an Association Agreement with the EU in the course of 2013. But he also stressed that the country would develop its relations with Russia’s Custom’s Union in areas which do not contradict other “international obligations”.
Georgian President recalled ambassadors from several countries
Georgian President Mikheil Saakashvili recalled ambassadors from several countries, presidential administration reported.
Russia: Logistics key to retail expansion
Thanks to relative political stability and strong oil and gas prices, Russia's retail turnover more than quintupled from 2001 to 2011 and now exceeds US$600 billion annually. Data suggest that this sector is entering the steepest part of its growth curve. How will Russia's retailers face the challenges of this critical period of expansion? Will foreign retailers manage to get a slice of this growing pie?
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