Russia’s incursion in Ukraine and worsening relations with the West have caught neighboring countries in the cross-fire.» Read More
Russia has received official notification that Belarus has imposed a transit duty on its oil exports, but does not expect an escalating trade row to disrupt crude oil supplies to Europe, the Kremlin said on Thursday.
U.S. acquirers spent $109.6 billion buying European companies in 2006 over a total of 740 transactions. That marks almost a 15% increase over the number of deals in 2005.
Slovakia's central bank on Thursday began buying up euros in a bid to stem appreciation of its own currency, the koruna, a bank spokesman said.
Royal Dutch Shell has made a new offer to Gazprom on terms for the state-controlled Russian natural gas giant to join a Shell-controlled energy project off the Pacific island of Sakhalin, a company official said Monday.
Russian water protection authorities have suspended licenses from a subcontractor of the Shell-led liquefied natural gas project Sakhalin-2.
Poland's jobless rate fell to a five-year low of 14.8% in November, edging down from 14.9% in October, the labor minister said Wednesday.