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Section: Asia

    EU leaders say Russia-Germany gas line could break EU rules
    Dec18

    EU leaders say Russia-Germany gas line could break EU rules

    European Union leaders raised objections to a massive new pipeline project that would pump natural gas directly from Russia to Germany, claiming that the scheme would break EU laws. The Nord Stream 2 project would expand the current Nord Stream pipeline under the Baltic Sea which directly links Germany to natural gas reserves in Siberia. The...

    Ukraine to halt payments to Russia
    Dec18

    Ukraine to halt payments to Russia

    Ukraine announced on Friday it would not make payment on its $3 billion debt to Russia due this weekend, deepening a row with Moscow. …read more Source: Global...

    6 Pinoy crew missing after Danish ship sinks near Indonesia
    Dec18

    6 Pinoy crew missing after Danish ship sinks near Indonesia

    Batam, Indonesia – Six Filipino crewmen were missing Thursday after their cargo ship collided with a chemical tanker and sank off western Indonesia, officials said. Six other people were rescued. The Danish cargo ship Thorco Cloud collided with the chemical tanker Stolt Commitment about 13 kilometers off Indonesia’s Batam island late...

    Russia says unsurprised by Ukraine's refusal to pay debts, will win court case
    Dec18

    Russia says unsurprised by Ukraine's refusal to pay debts, will win court case

    MOSCOW (Reuters) – Russian Deputy Finance Minister Sergei Storchak said on Friday that Ukraine’s decision to impose a moratorium on the payment of a $3 billion Eurobond held by Russia was not a surprise and that Moscow would win any future legal case on the matter. …read more Source: The...

    Russia says unsurprised by Ukraine’s refusal to pay debts, will win court case
    Dec18

    Russia says unsurprised by Ukraine’s refusal to pay debts, will win court case

    Russian Deputy Finance Minister Sergei Storchak said on Friday that Ukraine’s decision to impose a moratorium on the payment of a US$3 billion Eurobond held by Russia was not a surprise and that Moscow would win any future legal case on the matter. …read more Source: Channel...

    200,000 from Myanmar living in BD in refugee-like situation
    Dec18

    200,000 from Myanmar living in BD in refugee-like situation

    2015 likely to exceed all previous records for global forced displacement The number of people living in Bangladesh in a “refugee-like situation” now stands at 200,000, who are originating from Myanmar, said a new study of UNHCR released on Friday. However, the government of Bangladesh estimates the population to be between 300,000 and 500,000,...

    2 lakh people from Myanmar living in Bangladesh: UNHCR
    Dec18

    2 lakh people from Myanmar living in Bangladesh: UNHCR

    The number of people living in Bangladesh in a ‘refugee-like situation’ now stands at 200,000 who are originating from Myanmar, according to a new UNHCR report released on Friday. The government of Bangladesh, however, estimates the population to be between 300,000 and 500,000, said the UNHCR, the UN Refugee Agency, in its Mid-Year Trends...

    Prime Minister says Ukraine won't repay Russia's debt by weekend
    Dec18

    Prime Minister says Ukraine won't repay Russia's debt by weekend

    The “moratorium” on outstanding debt repayments to Russia effectively means that Ukraine is defaulting on the $3 billion debt. …read more Source:...

    Ukraine still committed to good faith debt talks with Russia – Finance Ministry
    Dec18

    Ukraine still committed to good faith debt talks with Russia – Finance Ministry

    The Ukrainian Finance Ministry said on Friday it was still committed to negotiating a good faith restructuring agreement with Russia on a US$3 billion Eurobond, as the government imposed a moratorium on its repayment next week. …read more Source: Channel...

    Ukraine says it won’t repay Russian debt due by weekend
    Dec18

    Ukraine says it won’t repay Russian debt due by weekend

    MOSCOW (AP) — Ukrainian Prime Minister Arseniy Yatsenyuk says his country won’t repay a $3 billion debt owed to Russia by this weekend.Yatsenyuk announced at …read more Source: Taiwan...

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