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  • President Barack Obama dropped his opposition on Tuesday to a bill giving Congress a voice on a nuclear deal with Iran after members of his Democratic Party negotiated changes to the bill that had won strong support from both parties. White House spokesman Josh Earnest said Obama, who had said he would veto the proposed bill because it could scuttle the...

  • revisions to a bipartisan bill that would allow Congress to vote on an international agreement to rein in Iran's nuclear program. The revisions would shorten the time in which Congress can review any final nuclear agreement and soften a requirement that Obama certify that Iran is not supporting acts of terrorism against the United States or its citizens...

  • UK scrambles jets as Russian bombers near airspace Tuesday, 14 Apr 2015 | 11:55 AM ET
    A Royal Air Force Eurofighter Typhoon jet

    Britain scrambled Typhoon fighter jets to intercept two Russian long-range bombers near UK airspace, the Ministry of Defense said.

  • MOSCOW— Russia said Tuesday that it would be at least six months before it could deliver the S-300 air defense missile system to Iran, but the Kremlin confirmed that a barter deal to supply Russian goods in exchange for Iranian oil was already being implemented. On Tuesday, Putin's spokesman, Dmitry Peskov, confirmed statements by a Russian diplomat that Russia...

  • Why Russia's missile deliveries to Iran is a concern

    Malcolm Jorgensen, lecturer at University of Sydney, says Russia's move to supply a missile defense system could disrupt the "fine balance" achieved two weeks ago over Iran's nuclear program.

  • *Iran urged the formation of a new Yemeni government on Monday and offered to assist in a political transition, comments likely to anger Saudi Arabia, which is backing Yemen's president against a rebel force allied with Iran. *Russia ended a self-imposed ban on supplying Iran with a defensive missile system on Monday, while launching an oil-for-goods barter...

  • MOSCOW, April 13- Russia paved the way on Monday for missile system deliveries to Iran and started an oil-for-goods swap, signalling that Moscow may have a head-start in the race to benefit from an eventual lifting of sanctions on Tehran. The moves come after world powers, including Russia, reached an interim deal with Iran this month on curbing its nuclear...

  • *Lukoil involved in Empty Quarter gas search. KHOBAR, Saudi Arabia/ MOSCOW, April 13- Lukoil will likely pull out from Saudi Arabia where the economics of its search for gas have been crushed by the collapse of the oil price, three industry sources said. Lukoil was the last company left active in the consortia of international oil firms Saudi Arabia invited in...

  • *Russia eyes energy deals with Iran after sanctions lifted. MOSCOW, April 13- Russian President Vladimir Putin on Monday paved the way for long-overdue missile system deliveries to Iran and Moscow started an oil-for-goods swap with Tehran, showing the Kremlin's determination to boost economic ties with the Islamic Republic. The moves come after world powers,...

  • SABETTA, Russia, April 13- Russian gas producer Novatek hopes to secure $5 billion from global export credit agencies for its Arctic liquefied natural gas project Yamal LNG by mid-year, chief executive Leonid Mikhelson said. Speaking in a northern port where the facilities for Yamal LNG are being built, Mikhelson and the head of French partner Total were upbeat...

  • MOSCOW, April 13- Russia has started supplying grains, equipment and construction materials to Iran in exchange for crude oil under a barter deal, Russian Deputy Foreign Minister Sergei Ryabkov said on Monday. Russia has been an ally of Iran in international talks over Tehran's nuclear programme that have led to an interim deal under which Iran would curb the...

  • TOKYO/ NEW DELHI, April 13- China could have outsized influence over a new Beijing- backed international development bank under a proposed shareholding structure likely to be discussed at a meeting of member nations in Washington this week, sources say. China has proposed that Asian nations own three-quarters of the Asian Infrastructure Investment Bank, a...

  • Turkey, Russia are undervalued: Pro   Monday, 13 Apr 2015 | 3:00 AM ET
    Turkey, Russia are undervalued: Pro

    Alan Miller, CIO of SCM Direct.com, says Russia and Turkey have been undervalued in emerging market trades, adding that recent ruble strength is boosting valuations for Russian firms.

  • SAO PAULO, April 10- Russian state company Rostec could use equipment from Brazilian defense contractor Mectron in the YAK-130 jet trainer, a senior executive told Reuters, as Russia turns to Latin America to offset sanctions imposed by the West over the crisis in Ukraine. The statement by Sergei Goreslavsky, deputy head of Rostec unit Rosoboronexport, is the...

  • MOSCOW, April 10- It was when her nine-year-old son said he wanted to be ill to keep her home that Ekaterina Chatskaya knew the cuts at her Moscow clinic had gone too far and she was working too many hours. But despite feeling the squeeze more than most, Russia's nascent middle class is reluctant to blame President Vladimir Putin and his policies, scared of what they...

  • MOSCOW, April 10- A fire broke out at the Angarsk refinery of Russia's biggest oil firm Rosneft in east Siberia on Friday, killing one worker, Rosneft said. "At 0955 the fire was put out... The work of the enterprise has not been suspended, output has been carried out as planned, "Rosneft said in a statement.

  • MOSCOW, April 10- A fire broke out at the Angarsk refinery of Russia's biggest oil firm Rosneft in east Siberia on Friday, killing one, Rosneft said. "At 0955 the fire was put out... The work of the enterprise has not been suspended, output has been carried out as planned, "Rosneft said in a statement.

  • LONDON, April 9- Three years after facing off over Greece's debt workout, the two giants of debt restructuring- Lazard and Blackstone- are again preparing to do battle, one for Ukraine and the latter on behalf of its creditors. Another prominent player is Franklin Templeton, one of the world's biggest asset managers, whose star investor, Michael Hasenstab, has...

  • *Creditors want Greece to make economic reforms before funds. BRUSSELS/ ATHENS, April 9- Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks on Thursday but it remained unclear whether Athens can satisfy sceptical creditors on economic reforms before it runs out of money. Euro zone partners gave Greece...

  • Putin to back nationalist McDonald's replacement? Thursday, 9 Apr 2015 | 10:23 AM ET
    Russian film directors Andron Konchalovskiy (R) and his brother Nikita Mikhalkov attend the opening ceremony of a memorial board to their mother Natalya Konchalovskaya, January 18, 2015 in Moscow.

    Two Russian directors have requested $18.5 million from president Vladimir Putin to roll out "an alternative to McDonald's."