RUSSIA

American Airlines-US Airways Merger

US Airline Group Drops Suit Against EU Carbon Tax, Looks to UN

A major U.S. airline lobbying group on Tuesday ditched a private lawsuit challenging the European Union's recently-implemented carbon tax for airlines using the trading bloc's airports, calling on the Obama administration and Congress to take up the charge.
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Kumtor mine in Kyrgyzstan mine

Centerra Gold Cuts Kumtor's '12 Forecast

Canadian miner Centerra Gold on Tuesday slashed its forecast for 2012 production at its flagship mine in Kyrgyzstan by about a third due to ice movement in the pit, a decline sure to weigh on the fragile economy of the Central Asian state.
Italy Wine

Italy Winemakers Seek Fashion Boost on Global Stage

Italy's top winemakers are joining forces with the country's luxury goods elite as the world's second-biggest wine producer tries to give itself an edge in the battle for U.S. and emerging market customers amid falling consumption at home.
Gold holds near $1,660/oz as weaker euro caps gains

Russian Gold Production To Slow This Year To 3%

Russian gold production growth could slow to 3 percent in 2012, comparing with last year's 3.6 percent increase, due to declining output from several mines, the Gold Industrialists' Union said in a statement on Monday.
Mahmoud Ahmadinejad

Ahmadinejad Says US Can No Longer Dictate Policy For All

Continuing his tirade against the West, Iranian President Mahmoud Ahmadinejad said the US and NATO can no longer dictate policy for the rest of the world and warned that the NATO policy in Afghanistan and other countries would make Western relations with Pakistan worse.
Medvedev and Putin

Russia Hardens Stand on Assad; Says Annan’s Offer Is Syria’s Last Chance

Russian President Dmitry Medvedev extended complete support to the UN-Arab League envoy in Syria, saying that Kofi Annan's resolution represented the last chance for preventing the violent insurgency from turning into a civil war. Medvedev's strong message to Syrian President Bashar al-Assad came close on the heels of US President Barack Obama announcing his plans to send non-lethal aid to the Syrian opposition.
Syria's President Assad and wife arrive at a dinner during a EU-Mediterranean summit in Paris in 2008.

EU Sanctions Syrian First Lady

The wife of Syria's leader, Asma al-Assad, will suffer sanctions from the EU, including a travel ban to Europe and an asset freeze.

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