Energy has pulled Russia out the economic doldrums. It's now has one the fastest growing economies in the world. But in a exclusive interview with Reuters Russia's President Dmitry Medvedev is urging caution. He says he wants to reduce the state's role in the economy and curb government spending to combat inflation. Prices are currently rising by 14 per cent - twice the government's target. SOUNDBITE (Russian) MEDVEDEV SAYING: " If we want to talk about economic threats, it's the threat of international financial instability, the crisis in production and all the related problems. If we're talking about other factors, they are also obvious, terrorism, rise in international crime - all are problems the Russian Federation has because we're an open society." Medvedev admits Russia's new riches have also failed to solve two main problems. SOUNDBITE (Russian) MEDVEDEV SAYING: "Firstly, poverty which we haven't yet defeated. Resolving this problem is the main task for the...
Representatives from more than 90 countries and international organizations pledged $7.4 billion over the next three years to help revive the Palestinian economy. At the Paris conference on...
Russia faced increased diplomatic isolation over its military action against Georgia on Thursday (August 28), as Russia and Georgia traded harsh words during an open United Nations Security Council...
The international community should impose more sanctions on Iran an Israeli spokesman said on Wednesday (September 24) after Israel called the Iranian president's speech to the United Nations as...
Israeli legislators dismissed on Wednesday (July 9) Iranian threats to target the Jewish state as Iran test-fired nine missiles and warned the United States and Israel it was ready to retaliate if...
North Korea handed over a long-delayed account of its nuclear activities on Thursday (June 26), the White House said, a step that will bring the North relief from U.S. sanctions but still leave...
SAN-EPISODE # 2784 DATED 15TH SEPTEMBER 2008 WELCOME TO SOUTH ASIA NEWS LINE. I AM SAKAL BHATT WITH THE DAY’S NEWS….. THE TOP STORIES AT THIS HOUR… HEADLINES PAKISTAN TROOPS FIRE AT U.S....
Yet another crisis is looming in the Horn of Africa. It’s already the scene of fighting in Somalia, age-old violence and rifts, clan battles, warlords, Islamists sweeping into the region and of...
Libya and South Africa, trying to block the International Criminal Court from indicting Sudan's leader for genocide, want the U.N. Security Council to prevent such a move in a resolution extending...
The Media Line: The Iranian government and the international community are embroiled in a game of cat and mouse – with no end in sight. Despite a new set of sanctions imposed on Iran, Tehran...
North Korea celebrates the 60th anniversary of its founding with what is expected to be the biggest parade of its military might just as the reclusive state appears to be backing away from a...
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