UKRAINE

Ukraine turmoil as defiant Tymoshenko clings on as PM

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Ukraine's Yulia Tymoshenko on Thursday defiantly refused to concede defeat to rival Viktor Yanukovich in a presidential election, throwing Ukraine into turmoil that threatened chances of a swift return to stability.
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EU welcomes Ukraine's Yanukovich

NATO and the European Union's new president joined U.S. President Barack Obama in congratulating Viktor Yanukovich on Friday on his election in Ukraine, as the West looked to extend a hand to the Moscow-leaning leader.
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Deadlock could drive World Cup online in Singapore

Singapore's telecommunications giants SingTel and Starhub could be cut out of broadcasting the soccer World Cup, forcing fans to view matches live on the internet unless a deadlock over rights fees can be resolved.
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Sovereign defaults head 2010 risk hitlist for WEF

The risk that deteriorating government finances could push economies into full-fledged debt crises tops a list of threats facing the world in 2010, according to a report by the World Economic Forum.
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At least 12,220 dead from H1N1 worldwide:WHO

At least 12,220 deaths from H1N1 flu have been formally confirmed around the globe but the pandemic appears to be declining, the World Health Organisation (WHO) said on Wednesday.
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Oil hits five-week high on U.S. cold, optimism

Oil rose on Monday to touch a five-week high over $79 a barrel as expectations of colder weather in the United States and signs of economic recovery boosted the outlook for fuel demand.
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Oil tops $79, highest since Nov, on cold snap

Oil rose to above $79 a barrel on Monday, the highest in more than a month, as colder weather across the United States and signs of economic recovery helped boost the fuel demand outlook.
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Russia blames Ukraine politicians for oil row

Russia's pipeline monopoly on Monday blamed Ukrainian politicians for setting new unacceptable terms for oil transit via the port of Yuzhny, saying it will cut supplies if no quick deal is reached.
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Demjanjuk trial hears of Nazi death camp horrors

A survivor of the Nazi death camp at which John Demjanjuk is accused of helping to kill 27,900 Jews recalled in court on Tuesday losing his wife after a three-day train journey to the extermination center.
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U.S. and Russia fail to clinch nuclear arms deal

U.S. President Barack Obama and Russian leader Dmitry Medvedev failed to clinch a landmark pact cutting Cold War stocks of nuclear arms on Friday but pledged to keep working for a deal in the New Year.
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FACTBOX-Global interest rates in 2009

Australia's central bank raised interest rates for a record third successive month earlier in December, pulling further back from emergency lows as the economy gallops ahead of its peers in the developed world.
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Russia sees no gas war with Ukraine at New Year

The head of Russia's natural gas giant Gazprom said on Tuesday he did not expect a new gas war with Ukraine to erupt over the New Year, echoing an earlier statement from the Russian Energy Ministry.
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Somali pirates free Greek ship after ransom paid

Somali pirates freed the Greek ship Ariana and its 24 Ukrainian crew on Thursday after a helicopter dropped a multi-million dollar ransom onto its deck and ended a more than six-month hostage ordeal.
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Medvedev: changing Ukraine gas deals irresponsible

Russian President Dmitry Medvedev said on Wednesday it would be irresponsible to amend gas supply contracts with Ukraine, in a sign that Moscow will offer no more concessions to its ex-Soviet neighbour on gas payments.
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Key political risks to watch for W.Europe markets

Contagion from emerging markets Ukraine and Dubai, debt in the eurozone's weakest economies, British politics, climate talks in Copenhagen and tensions with Tehran could all affect Western European markets in December.

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