Monday 29 December 2014
 
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Russia

After turbulent 2014, next year may be no calmer

From financial crisis in Russia to cyber warfare with North Korea, 2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. Almost all of the major confrontations, such as the battle w

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Russia forecasts economic slump as oil falls

Slumping oil prices have put Russia's economy on course for a sharp recession and double-digit inflation next year, government ministers said, as authorities scaled up a bailout for the first bank to succumb to this month's rouble crisis

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Ukraine, pro-Russian rebels swap prisoners

Ukraine's government and pro-Russian separatists on Friday exchanged hundreds of prisoners of war while Kiev said it would suspend all train and bus service to Crimea, effectively creating a transportation blockade to and from the region.

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Nissan suspends Russia car orders

Japan's Nissan Motor and French partner Renault have stopped taking orders for some cars in Russia and could raise prices on others if the rouble's plunge continues, alliance chief executive Carlos Ghosn said yesterday. &#

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Bahrain may start importing Russian gas from 2017

Bahrain could start importing gas from Russia in 2017, Russia's ambassador to the Gulf Arab kingdom told a local newspaper according to Bahraini state news agency BNA.  

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Aluminium-agriculture to spur Bahrain-Russia ties

Aluminium, aircraft, chemicals, biotechnology, agriculture and pharmaceuticals have been identified as key areas of bilateral trade and investment between Bahrain and Russia, a top Russian minister said. Russia's Minister of I

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Key GCC-Russia forum to focus on trade ties

A key high-powered forum on economic co-operation between Russia and the GCC will be held in Bahrain next week. ‘Trade and Industrial Dialogue: Russia-Gulf Co-operation Council,' will be held at the Ritz-Carlton Bahrain,

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Saudi, Russia pre-Opec talks yield no oil output cut

Impromptu talks between Saudi Arabia, fellow Opec member Venezuela and oil powers Russia and Mexico yielded no agreement on how to address a growing oil glut, ending without any plan to cut output despite a collapse in prices. &nb

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Saudi Arabia sees oil market 'stabilising itself'

Opec leader Saudi Arabia signalled on Wednesday it was unlikely to push for a major change in oil output at the producer group's meeting this week, a day after Russia refused to cooperate in any production cut and threatened to unleash an oi

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Sechin to meet Opec as Saudis keep market guessing

Russia's most powerful oil official, Igor Sechin, was due in Vienna for talks with Opec members as the group's leader Saudi Arabia kept the market guessing about its response to flagging oil prices.  

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