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Russia warns of high risk to gas deliveries to Europe this winter MOSCOW: Energy minister Alexander Novak warned Friday of high risks of disruptions to supplies of Russian gas to Europe as international tensions over Ukraine mounted."There is a high risk that Gazprom for Europe will be illegally taken by Ukraine for its own use," Novak said at a joint press conference with the EU's Energy Commissioner Guenther Oettinger.Copyright AFP (Agence France-Presse), 2014 ...

Obama leads condemnation as West rounds on Russia KIEV: Ukraine and the West said Thursday that Russian troops were actively involved in the fighting tearing apart the east of the country, raising fears of a direct military confrontation between Kiev and its former Soviet master.US President Barack Obama led a chorus of growing international condemnation over the escalating crisis, saying it was "plain for the world to see" that Russian forces were fighting in Ukraine, despite more repeated denials by Moscow.Obama and German ...
Italy's Renzi calls Putin to denounce 'intolerable escalation' in Ukraine ROME: Italy's Prime Minister Matteo Renzi, whose country currently holds the rotating presidency of the EU, called Russian President Vladimir Putin on Thursday to warn of "very serious consequences" after reports that Moscow had sent troops into Ukraine.The premier said the "entry of Russian troops into Ukraine" is "an intolerable escalation which will lead to very serious consequences".Renzi also expressed his "major concern" over the Ukraine crisis and "called for a swift return to the ...
Russian defence ministry denies sending troops into Ukraine MOSCOW: Russia's defence ministry on Thursday denied US and Kiev claims of its troops' direct involvement in the escalating fighting between Ukrainian forces and pro-Kremlin insurgents in the separatist east.Ministry spokesman Igor Konashenkov told Russian news agencies that the "information has no relation to reality" and that army units believed by Washington to have crossed into Ukraine were conducting "tactical training exercises on their own and outlying ranges."Copyright Reuters, 2014 ...
British PM Cameron warns Russia of 'further consequences' over tanks entering Ukraine LONDON: Russia must stop its tanks from entering Ukraine, British Prime Minister David Cameron said on Thursday, warning Moscow it would face further consequences if a political solution to the crisis was not found.Ukraine accused Russia on Thursday of bringing troops into the southeast of the country in support of pro-Moscow separatist rebels, two days after the presidents of the two countries held their first talks in more than two months and agreed to work ...
Turkey's Erdogan says EU, Kurdish peace, democracy top priorities ANKARA: Newly inaugurated Turkish President Tayyip Erdogan said on Thursday that European Union accession, democratic reforms and the Kurdish peace process would be priorities, in his first speech as head of state."Turkey's path to the EU, which is a strategic target, will continue more decisively," Erdogan said of the country's decades old bid to join the union, addressing leaders and dignitaries from dozens of countries at the presidential palace.Copyright Reuters, 2014 ...
OSCE to meet on 'Russia violations' in Ukraine VIENNA: The European security body OSCE will hold a special meeting Thursday to discuss developments in conflict-torn Ukraine, following reports that Russian troops were on the ground."Russia violations in Ukraine to top agenda at extraordinary meet of OSCE delegations at 11:00 CET (0900 GMT) today in Vienna," the US mission to the organisation said in a tweet. The Organisation for Security and Cooperation in Europe confirmed the special session, which "will focus on latest developments ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln