Tuesday, January 27, 2015 10:07 PM
Mostly Cloudy -7°C
Oye! News from Europe
In light of the recent increase in interest rates to 17 percent by the Central Bank of Russia
(CBR)in a desperate effort to stem the plummeting value of the ruble, I thought that a brief look at several issues, particularly Russia's external debt, that will be impacted by higher
New oil projects are being scrapped in Norway amid falling production and low oil prices.
Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the problems that occur with other natural resource-based economies, such as corruption, slow economic growth,
While I am generally loathe to quote from media sources given their inaccuracy, I can only find references to this rather timely topic on Russian media websites.
According to several sites including TASS
(Russia Today), Russia's
During the spring of 2014, much of the world's attention was drawn to the crisis in Ukraine. While news of the conflict has been relegated to the back pages of the mainstream media, the situation over the past six months is far from "peaceful" and far from "routine".
Ukraine is on the brink of committing economic suicide after imposing a crippling 55 percent tax on private gas producers, while parliament prepares to vote on next year's budget, which aims for a continuation of the same.
The Oct. 14 budget vote—which is already a month late—is a major
Glass monument in Berlin honors 250,000 disabled euthanized by Nazis
By Stephen Pate – A 80 ft. blue glass wall has been opened in front of the Berlin Philharmonie on the site housing the Nazi euthanasia offices.
This completes a series of memorials to
While most people outside of the oil industry tend to think of the Middle East when they think of the world's oil producing nations, in fact, Scotland is a significant producer of both oil and natural gas. Scotland is the largest producer of oil in the European Union, producing 674 million
Do you have faith in your local police department?