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  • Swiss banks seek role in Russian oil funds
    The government of Russia is in talks with UBS and other Swiss banks on the management of its two oil wealth funds, which total $ 163 bn (EUR 105 bn), Deputy Finance Minister Dmitry Pankin said. 'Swiss banks would like to take part, first of all UBS,
  • Canada moves to solve Afghan helicopter shortage
    OTTAWA (Reuters) - Canada will overcome a critical shortage of military transport helicopters in Afghanistan by buying six used machines from the United States as well as leasing six Russian-made aircraft, Defence Minister Peter MacKay said on Thursday.
  • Etihad begins Belarus service
    Etihad Airways has launched twice-weekly flights between its home base of Abu Dhabi and Minsk, Belarus. The new air link is anticipated to boost significantly trade and investment ties between the UAE and Belarus with the volume of trade between the two
  • Worst floods in 200 years hit Ukraine -Red Cross
    The worst flooding in two centuries has devastated parts of Ukraine and Moldova, leaving more than 30 dead and dozens missing, according to the Red Cross. In Moldova, Europe's poorest country, homes with walls built of mud have 'dissolved and crumbled
  • NDC SIGNS RELATIONS WITH BELARUS
    - The National Depository Center (NDC) and the Republican Unitary Enterprise Republican Central Depository of Securities (Republic of Belarus) (RCDS) have signed a correspondent relations agreement. RCDS has opened a correspondent account for NDC which
  • Russiamay stop oil exports through Baltic states by 2015
    Russia may stop oil exports through Baltic states by 2015 05-07-08 Russia may completely stop by 2015 using ports in the Baltic states to transport energy supplies abroad via sea routes, the transportation minister said. Russia currently exports about
  • Ukraine chases 15 medals in Beijing
    BEIJING, Aug. 7 (Xinhua) -- Ukraine, the winner of 23 medals including nine golds in the Athens Olympics, decided to downsize its goal for the Beijing Games following the retirement of 'Medley Queen'. 'Our goal is 15 medals, which is set according to our
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Commonwealth of Independent States (CIS) is the international organization, or alliance, consisting of 11 former Soviet Republics: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Ukraine, and Uzbekistan. Turkmenistan discontinued permanent membership as of August 26, 2005 and is now an associate member.

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