RUSSIA

Russian Foreign Minister Lavrov gestures during a news conference in Moscow

Russia Calls For Syrian Ceasefire

Speaking before scheduled talks with Kofi Annan, Russian Foreign Minister Sergei Lavrov told reporters that only a simultaneous end to violence is possible, followed by a simultaneous pullout of troops closely monitored by U.N. observers.

Saudi Arabia Lashes Out At Russia Over Human Rights Comments

Protests In Saudi Arabia
Saudi Arabia Saturday slammed the comments by Russia's human rights envoy, who had expressed great concern about the situation in the Gulf Kingdom, and condemned an unjustified interference in the Kingdom's internal affairs, state media Saudi Press Agency reported.
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Logo of ASEAN

ASEAN Hammers Out Code Of Conduct In South China Sea, Seeks China's Nod

Seeking to resolve the territorial tensions in the South China Sea, the Association of South East Asian Nations (ASEAN) Monday hammered out the key elements of a code of conduct in the region which has been at the heart of recent maritime confrontations between China and the other nations in the Pacific.
Brazil

World Economies Slowed In May, Even White-Hot Brazil Disappoints: OECD

The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.
BRICs IMF

Emerging Markets Lose Their Sparkle, IMF Says

Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.

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