Ukraine wants to revise gas deal with Russia: PM
The base price for Russian natural gas is still disadvantageous for Ukraine despite a new deal reached last April and the Kiev government will press Moscow to bring it down, Ukraine's prime minister said on Wednesday.
Nabucco Plans Georgian, Iraqi Gas Feeder Pipelines; Avoids Iran
Nabucco Gas Pipeline International GmbH plans to supply the natural-gas transmission route to Europe with links to Turkey’s borders with Georgia and Iraq and has decided against a link to the country’s border with Iran.
Ukrainian president says wants more powers
Ukrainian President Viktor Yanukovich called on Tuesday for constitutional reform that would strengthen his powers and enable him to push through tough economic reform.
Russia faces $1 bln crop losses from drought
Russia's agriculture industry faces losses of over one billion dollars after a record drought destroyed over a quarter of its crops, an official said Monday.
Ukraine is failing the democracy test
A new election law that protects the ruling elite is undemocratic and raises fresh doubts about Ukraine's suitability to join the EU
Reputed Russian arms merchant could face US courts
If Viktor Bout starts talking to U.S. prosecutors, the man accused of supplying the weapons for civil wars on three continents could raise the roof in both Moscow and Washington.
News from the banana republic of Ukraine
While the International Monetary Fund unveils a new lending program for Ukraine, the government considers structural reforms in the energy sector.
Russia Faces Long March to Energy Efficiency
Residents of the Veshnyaki neighborhood in southeast Moscow were in for a surprise last month when the radiators in their apartments started heating at full blast while it was nearly 40 degrees Celsius outside.
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