Obama urges G20 for EU crisis solution

07:31 | 0 | MIA

US President Barack Obama said Thursday that the most important task facing G20 leaders meeting in Cannes was to find a solution for the European debt crisis, AFP news agency reported.

Dates set for Russian election campaigns

07:27 | 0 | Tanjug

Pre-election campaigns on TV, radio and in the printed media ahead of the elections to the State Duma, lower house of the Russian parliament, will be held from November 5 till December 3, an official with the Central Election Commission said Thursday.

Putin world’s second most powerful person - Forbes

07:25 | 0 | Voice of Russia

Russia`s Prime Minister Vladimir Putin has been ranked second in the Forbes magazine’s list of the world’s most powerful people. US President Barack Obama tops the list, while last year`s winner, Chinese leader Hu Jintao, slipped down to third place.

Medvedev says Europe itself should achieve econ rehabilitation

07:24 | 0 | Itar-Tass

Speaking at the G-20 business summit on Thursday, Medvedev said, “Europe itself should achieve economic rehabilitation. Russia is ready to help, including through the IMF [International Monetary Fund].”

ECB reduces key interest rates by 25 basis points

07:22 | 0 | Emg.rs

The interest rate on the main refinancing operations of the Eurosystem will be decreased by 25 basis points to 1.25%, starting from the operation to be settled on 9 November 2011.

European markets lower weighed by uncertainty about Greece

10:53 | 0 | FXstreet.com

 European markets are trading lower on Thursday with banking shares leading losses, with the sector on focus on increasing uncertainty about Greece, and the potential consequences for the financial sector if Greece ends up leaving the Eurozone.

Euro flat as traders watch Greece, ECB

10:52 | 0 | MarketWatch

The euro was little changed versus the U.S. dollar on Thursday, the morning after European leaders suspended Greece’s next round of aid pending a referendum on the country’s latest rescue package and as traders awaited the European Central Bank’s first interest-rate

G20 to focus on eurozone

10:49 | 0 | Voice of Russia

The deepening crisis in the eurozone may dominate over all other issues on the Cannes G20 summit’s agenda, Director of the French Institute of Political Sciences Caroline Postel-Vinay said during the Moscow-Paris video conference held on the eve of the summit.

Asian markets slide over Greek vote

07:39 | 0 | Newsnow/Moneymorning.com

Asian markets fell as a European deal to bail Greece out of a massive financial mess appeared to be on the verge of unravelling.

Eurozone unemployment rises to record 10.2% in Sept.

10:36 | 0 | AMNA

The number of unemployed people totaled 16,198,000 in September, up 188,000 in a month, while unemployment in the EU-27 rose to 9.7 pct, or 23,264,000 unemployed.

Palestine enters UNESCO

10:17 | 0 | Voice of Russia

The general conference of UNESCO has adopted Palestine as its member by an overwhelming majority of votes. 107 delegations, including Russia, voted for this decision. 14 delegations voted against it.

G20 — barrier to the second wave of crisis

10:13 | 0 | Voice of Russia

Russia may join the WTO already on December 15th. Its membership is now being boosted by the Swiss President Micheline Calmy-Rey who mediates Russia-Georgia talks on the remaining controversies.

Joint letter of Barroso, Van Rompuy to their G20 partners ahead of the G20 Summit in Cannes

10:09 | 0 | Emg.rs

Last night, on 29 October, European Commission President José Manuel Barroso and European Council President Herman Van Rompuy have sent a letter to their G20 partners in order to summarise and explain Europe's comprehensive crisis response ahead of the upcoming G20 summit in

Process of Russia WTO accession may be finished December 15

10:04 | 0 | Itar-Tass

The process of Russia’s accession to the World Trade Organisation may be finished at a WTO ministerial session on December 15, and only ratification will be needed after that, Russian president’s aide Arkady Dvorkovich told reporters on Monday.

Interpol`s general assembly session kicks off

10:01 | 0 | Azertac

 For the first time, Hanoi will host the 80th General Assembly of the International Criminal Police Organization (INTERPOL) from October 31 to November 4, attended by 1,200 delegates, including senior police officials from 188 INTERPOL member countries.

Azerbaijan and Turkey to build new gas pipeline

08:19 | 0 | Itar-Tass

Azerbaijan and Turkey will build a new pipeline for transporting growing volumes of Azerbaijani gas to European markets, president of the State Oil Company of Azerbaijan (SOC) Rovnag Abdullayev said in an interview with the Baku TV channel ANS .

Islam anf the Arab Spring

08:17 | 0 | Voice of Russia

The Arab Spring exposed both the hypocrisy of the established religious authorities, who issued fatwas against the pro-democracy protests in Egypt, Libya, Syria, and Yemen, and the bankruptcy of the radical militants’ ideology. Arabs who protested in the streets were motivated

Libya:"alliance of friends" instead of United Defender

08:16 | 0 | Voice of Russia

This week, the UN Security Council unanimously adopted a resolution on lifting the no-fly zone over Libya. The resolution, which had been put forward by Russia, stipulates that NATO’s operation should come to an end at 23:59 Libyan time on October 31st .

Olli Rehn appointed Commission Vice President, with additional instruments

14:26 | 0 | Emg.rs

The Vice President – Olli Rehn – will assist the President on all matters relating to the work of the European Council, Euro Area summits and economic governance.

Expo 2015: Milan hosts "International Participants Meeting"

12:58 | 0 | ANSAmed

Over 700 delegates from around 90 countries have attended the first International Participants Meeting, the event with which Milan's global exhibition is announcing itself to the world from October 25-27.

Two European banks' Q3 results reflect economic crisis

12:55 | 0 | VoA

Two of Europe's largest banks released third quarter earnings statements Tuesday that reflect the ongoing worldwide economic crisis.

Full Text: Euro Summit Statement

06:42 | 0 | Emg.rs

Main results of Euro Summit

06:38 | 0 | Emg.rs

We agreed today on a comprehensive set of measures to restore confidence and address the current tensions in financial markets. These measures reflect our unwavering determination to overcome together the current difficulties and to take all the necessary steps toward a deeper

EU Heads to do their utmost to overcome the crisis

22:11 22:59 | 0 | Emg.rs

At today's meeting, in line with paragraph 7 of the European Council conclusions of 23 October concerning relations between the EU and the Euro area, the members of the European Council were informed by President Van Rompuy about the state of preparations of the Euro Summit

Central Europe's largest solar station opened in Ukraine

10:36 | 0 | Ukrinform

Austria-based Activ Solar has completed the construction in the Crimea, southern Ukraine, of the fourth and final phase of the Ohotnikovo Solar Power Station in Ukraine - the largest solar photovoltaic (PV) installation ever built in Central and Eastern Europe, the company said

Russia, Armenia rely on South Stream to boost regional ties

10:35 | 0 | Voice of Russia

Russia is going to provide further assistance in the negotiation process on the Nagorno-Karabakh conflict, the country`s President Dmitry Medvedev told journalists following his talks with Armenia`s leader Serge Sargsian.

Russia wants UN to address Libyan issue

10:33 | 0 | Voice of Russia

Russia is seeking to involve the United Nations in dealing with the Libyan problem after the death of its ousted leader Muammar Gaddafi. Moscow submitted a draft resolution to the UN Security Council concerning the abolishment of the no-fly zone over that North African country.

The death toll from the earthquake in Turkey exceeded 200 people

10:30 10:31 | 0 | Ukrinform

Turkish authorities confirmed the death of more than 200 people due to the strong earthquake in the south-east on Monday. Searches are continuing under the rubble and the number of victims could be higher, reports Reuters.

EU and Russia agree terms for Moscow's eventual WTO accession

09:25 | 0 | Emg.rs

The EU’s Trade Commissioner Karel De Gucht today announced that the last remaining bilateral issues for the EU in Russia's accession to the World Trade Organisation have been resolved.

Turkey tries to reduce imports via higher taxes

09:16 | 0 | BNR

Turkey has raised the special consumer tax on a number of goods such as alcohol, cigarettes, mobile phones and automobiles with engines of more than 1.6 litres, with a view to slow down the rate of foreign imports.