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  • The Latest: Turkey wants to help Greece recover Tuesday, 30 Jun 2015 | 3:23 AM ET

    Turkish prime minister says his country is ready to help Greece overcome its economic crisis and is offering to expand cooperation in areas such as tourism, energy and trade. Ahmet Davutoglu said Turkey wants to live "in peace," and has no interest in seeing Greece "languish." Turkey and Greece have been long-time foes but the two countries have sought to build...

  • YEREVAN, Armenia— Thousands of demonstrators continued flooding a central avenue in the Armenian capital Monday, refusing to end their protest against a hike in electricity prices even after the president suspended the measure. The most serious unrest the impoverished ex-Soviet nation has seen in years casts a tough challenge to the leadership of Armenia, a...

  • Armenia police order protesters to disperse Sunday, 28 Jun 2015 | 9:17 AM ET

    YEREVAN, Armenia— Police in Armenia's capital on Sunday ordered thousands of demonstrators to disperse, moving to end a protest against higher electricity rates that has blocked a main avenue in Yerevan for nearly a week. The unrest is the most serious that the impoverished former Soviet nation has seen in years, posing a challenge to President Serzh Sargsyan...

  • YEREVAN, Armenia— The president of Armenia on Saturday suspended hikes in household electricity rates in an effort to end the protests that have blocked the capital's main avenue for six straight days. President Serzh Sargsyan said the government would bear the burden of the higher electricity costs until an audit of the Russian-owned power company could be...

  • LONDON, June 26- Bond sales from emerging markets in the first half of 2015 are running more than a fifth below year-ago levels due to the continued slump in issuance from Russia, Brazil and oil producers across the developing world. Governments and companies from the developing world had sold hard currency bonds worth $195 billion as of June 19, Thomson Reuters...

  • Armenia standoff continues peacefully Friday, 26 Jun 2015 | 7:02 AM ET

    YEREVAN, Armenia— Dancing and singing demonstrators protesting a hike in electricity prices blocked the Armenian capital's main avenue Friday for a fifth straight day, in a tough challenge to the ex-Soviet nation's government. The numbers swelled from several hundred in the daytime to thousands in the evening, as they have all week, in the worst unrest Armenia...

  • Russia economy still on the downhill slope: Pro Friday, 26 Jun 2015 | 12:33 AM ET
    Russia economy still on the downhill slope: Pro

    As the consumer and construction sectors continue to weigh on Russia, its economy could shrink 5 percent this quarter, says Chris Weafer, senior partner at Macro Advisory.

  • Is the worst over for Russia's economy? Thursday, 25 Jun 2015 | 11:46 PM ET
    Is the worst over for Russia's economy?

    Marcus Svedberg, chief economist at East Capital, expects Russia's gross domestic product to hit rock bottom in the April-June period, but says the economy will likely recover in the third quarter.

  • BRUSSELS, June 26- European Union leaders meeting in Brussels have a daunting list of long-running crises on their plates-- notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. One quipped it was no longer Britain for dinner but " Greece for dinner." Plunged into crisis by the...

  • UNITED NATIONS— The five countries investigating last year's shooting down of a Malaysia Airlines plane over Ukraine are calling for an international tribunal to prosecute those responsible. Australia's Foreign Minister Julie Bishop said Thursday that her government is committed to working with Malaysia, Ukraine, Netherlands, Belgium, "and the broader...

  • From menu of crises, Greece risks eating Europe's dinner Thursday, 25 Jun 2015 | 12:15 PM ET

    *Euro zone showdown with Greece could eat up time at summit. BRUSSELS, June 25- European Union leaders faced a daunting list of crises as they began their summit on Thursday, notably migrants crowding in at their southern borders, Russia growling in the east, Britain's threat to quit and a desperate need to create jobs. But a battle of wills between Greece and its...

  • Putin vows to further strengthen Russian military Thursday, 25 Jun 2015 | 7:57 AM ET

    MOSCOW— Russia needs a mighty military to fend off threats near its borders, President Vladimir Putin said Thursday, in a stance that reflects soaring tensions with the West over the crisis in Ukraine. Relations between Russia and the West have sunk to post-Cold War lows after Moscow's 2014 annexation of Ukraine's Crimean Peninsula and its support for a...

  • MOSCOW, June 25- Russian Prime Minister Dmitry Medvedev said on Thursday a list of banned products from Western countries could be changed according to the state of relations with the European Union and other countries. Medvedev told a government meeting he had approved an order by President Vladimir Putin to extend a ban on food imports from the West by one...

  • SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from Kozmino near...

  • *Nigeria overtook Saudi Arabia as India's top oil supplier last month, the first time Saudi Arabia has lost the crown in more than four years, Reuters ship tracking data showed. *Russia is considering more import curbs on Western goods, including confectionery, canned fish products and flowers, after the European Union extended sanctions against Moscow over the...

  • Russia extends ban on Western food imports for a year Wednesday, 24 Jun 2015 | 10:12 AM ET

    MOSCOW— President Vladimir Putin has extended Russia's ban on the import of many agricultural products for another year. The ban was Russia's response to Western sanctions imposed last year over the Ukraine conflict. Putin said Wednesday that Russia's ban on dairy products, meat, seafood, vegetables and fruit would remain in effect until June 24, 2016.

  • MOSCOW, June 24- Russia is considering more import curbs on Western goods, including confectionery, canned fish products and flowers, a minister said on Wednesday, part of Moscow's response to EU sanctions over Ukraine. The ban, which prohibits food imports worth $9 billion from the United States, European Union, Australia, Canada and Norway, was imposed for a year...

  • The unrest is raising concerns about political stability in Armenia, which has relied on close ties with Russia and joined a Moscow- dominated economic alliance. Russia has a military base in Armenia, and Russian companies control some of the most prized economic assets, including the power grid. Some politicians in Russia have suggested that the West or...

  • U.S. West Coast refiners snap up Russian crude cargoes Wednesday, 24 Jun 2015 | 2:57 AM ET

    SINGAPORE, June 24- Refiners on the U.S. West Coast and Hawaii have stepped up purchases of Russian crude, taking advantage of a narrow gap between U.S. and global prices as they look to guard against a seasonal shortage of Alaskan supply, trade and industry sources said. Up to four tankers were expected to carry nearly 3 million barrels of Russia's ESPO crude from...

  • Saudi cables suggest money links with media Tuesday, 23 Jun 2015 | 5:06 PM ET

    BEIRUT— A financially troubled Lebanese TV network received a $2 million Saudi bailout in return for adopting a pro- Riyadh editorial policy. Many of the cables were linked to the growing rivalry between Sunni Saudi Arabia and mostly Shiite Iran over influence in the region and point to Lebanon, an ethnically and religiously diverse nation with a vibrant press,...