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Medvedev: Russia must tap Arctic resources
By Sandra KalnieteWhile Russia has always played a significant role in Europe, relations took a new dimension after European Union expansion. Not only because the EU's border extended substantially eastward, but also because the 10 new member states have
Nord Stream gas pipeline raises bank funds
It's no secret that Eastern European crime syndicates operate throughout the West. Deutsche Welle asked one of Germany's leading mafia experts, Juergen Roth, how big the problem is and what, if anything, can be done.
Turkish firms flock Iraq
The share of Turkish companies in the Iraqi market is increasing thanks to an increase in commercial and investment relations.
Shell predicts surge in output
Royal Dutch Shell expects production to rise to 3.5 million barrels of oil equivalent a day in 2012.
Chinese PM rejects yuan criticism
Chinese Premier Wen Jiabao rejects criticism that Beijing keeps the yuan undervalued in order to boost exports.
S&P raises Ukraine rating
By Polya Lesova, MarketWatch FRANKFURT (MarketWatch) -- Ukraine's credit spreads rallied on Friday, indicating a declining probability of default, after the formation of a new governing coalition brought much-needed political stability and prompted a
China oil demand is 'astonishing'
Oil demand in China rose by an "astonishing" 28% in January compared with a year ago, the International Energy Agency says.
Pimco chief says public finance shock may deepen
Mohamed A. El-Erian, whose company runs the world’s biggest mutual fund, says deteriorating public finances may seriously hurt the global economy.
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