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28 January 2015
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17:49 28 January 2015 / updated: 17:53
No More US Chicken Legs: India Protests WTO Ruling to Lift Import Ban
Russian Banks Cancel US Contracts Over Demands to Reveal Taxpayers' Data
Russian banks have canceled contracts with their US clients because of the Foreign Account Tax Compliance Act (FATCA), the law that requires foreign banks to share information on US citizen's banking activities. If a bank does not comply, it may be subject to a fine.
Total Vice President Says Demand for Natural Gas to Grow After 2020
European gas is challenged, but should rebound up from 2020, the vice president of strategy and market analysis of French company Total said.
Greece to Suggest New Deal to European Creditors
The finance minister of Greece is going to enter into negotiations with the Eurogroup president, who is arriving in Athens on Friday. The new Greek government is planning to negotiate the country's $270 billion bailout debt with international creditors.
Syriza Party Wins Greek Snap Parliamentary Elections
Russia Imposes Restrictions on Pig Import From Ukraine's Kiev Region
An outbreak of African swine fever in Ukraine forced Russia to impose temporary restrictions on pork and breeder pigs import from the Kiev Region.
Ukraine, China Sign $8-Mln Economic, Technical Cooperation Deal
Under the agreement China is to provide non-repayable aid worth 50 million yuan to Ukraine to support its health care and education.
New Russian Made 3D Pen Makes DIY Easy and Safe
CreoPop cool ink 3D printing pen allows the creator to design by hand various objects including action figures or sculptures. In contrast to other 3D pens, it has no hot parts, no melting plastic and no unpleasant smell.
Russian Finance Ministry Expects Considerable Stabilization of Ruble
The stabilization on the currency market will contribute to considerable strengthening of the ruble, Russian Deputy Finance Minister Alexei Moiseyev said.
Central Bank Says Profits of Russian Banks to Be Lower Than $15 Bln in 2015
According to Russia's Central Bank's official, the profits of Russian banking system will be lower than $15 billion this year.
Russia to Review State Investment, Postpone New Projects This Year
Russian finance minister said that the financing of future projects would be reconsidered in the following years and in most cases cut by half.
China’s Yuan Joins Top Five Payment Currencies
China's currency has been outrunning both the Canadian and Australian dollars since November, according to a SWIFT statement. Some experts say the yuan could eventually overtake the American dollar share in international markets.
US, Ukraine Sign $2 Bln Loan Guarantee Declaration
The US provided Ukraine a loan guarantee of $2 billion, Ukrainian Finance Minister Natalya Jaresko said.
Former US Official Gives Positive Outlook for Russia's Energy Sector
The US energy expert cited Russia's 30-year gas export contract with China as a significant factor providing revenue for the Russian economy in the years to come.
Former US Official Says OPEC Can No Longer Control Oil Price
The Organization of the Petroleum Exporting Countries can no longer control the oil price, Charles McConnell, a former Obama administration energy official, said in an interview with RIA Novosti.
Former US Official Says Middle East Against Fracking to Control Oil Supply
Middle Eastern countries oppose fracking in oil extraction because they want to retain control over global oil supply, Chuck McConnell, a former Obama administration energy official said in an interview with RIA Novosti.
Russia to Cut Budget Costs by 10% in 2015, Defense Expenses Unchanged
The Russian government plans to cut expenses by 10 percent in most categories of the 2015 budget, according to the anti-crisis plan released on Wednesday.
Brazil Hopes BRICS Members to Ratify Bank Agreement Soon
The Brazilian Ambassador to Russia underscores that the New Development Bank agreement will come into force only when all BRICS countries ratify it.
Athens Stock Exchange Plummets on Bailout Repayment Concerns
On Tuesday, the benchmark Athex General Composite Share Price Index opened down 6.39 percent, reaching a low of 761 points. By 14:00 GMT it recovered to 776 points, or 4.59 percent lower than Monday’s close.
Twitter Rolls Out Video Sharing, Private Group Messaging
Both features have been extremely popular on other services including Facebook and have been frequently requested by Twitter users.
Moscow Promises 'Unlimited' Response if SWIFT Limits Operations in Russia
Russian Prime Minister Medvedev said Tuesday that Russian reaction would be 'unlimited' if the SWIFT payment system's operations were limited in the country.
Russia, Turkey to Sign Gas Pipeline Agreement by Mid-2015
First gas deliveries via the new pipeline are slated for late 2016.
Anti-Russia Sanctions Lift to Show Japan Can Lead Independent Policy
UK Officials Spent $150Mln on First Class Travel Over Past 4 Years
PACE Deprives Russia of Voting Rights Until April, Russia Quits for 1 Year
PACE Calls for Immediate Release of Ukrainian Pilot Savchenko
PACE Refuses to Recognize Donetsk, Luhansk As Terrorist Organizations
Decapitation Marks the Beginning of Saudi King Salman Reign
Greek F-16 Jet Explodes at Spanish Air Base: 10 Dead, 13 Injured (VIDEO)
IDF Vehicle Comes Under Fire on Lebanon Border, 15 Israeli Soldiers Killed
Putin Calls Ukrainian Army 'NATO Legion'
American Soldiers Caught on Tape in Mariupol? (VIDEO)
The Kingdom of Ice: Antarctica in Pictures
Lavrov on the Normandy Four Decision: This is Exactly What Russia's President Proposed
What US Residents Think About Racial, Ethnic Tensions in American Society
Do you think Russia and the US are heading back towards Cold War?
Yes, I think it is a matter of balance of power.
No, I believe the countries will return to a constructive dialogue.
I don’t think the situation should be viewed in that context.
I think the new Cold War is already on.