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The National Bank Issuing Memorable Coins

The National Bank of Belarus approved the plan of issuing memorable coins for 2004 more »

US Sends Envoy to Georgia to Help Defuse Political Standoff

The United States has dispatched an envoy to the republic of Georgia to try to defuse a stand off between President Eduard Shevardnadze and his opponents, who are demanding he step down more »

Kremlin offers Transdniestr settlement plan

Leaders of Moldova and the self-proclaimed Transdniestr Republic have welcomed the constitutional reform plan developed by Dmitry Kozak, the first deputy chief of the Russian Presidential Administration more »

Exports Increased by 8.1% in Nine Months

Lithuanian exports increased by 8.9% in the first eight months of the year compared to the same period of 2003, whereas the growth in imports was 3.8% more »

Serbia faces `tragedy' as elections fail again

Serbians failed for the third time in a year yesterday to elect a president because of low voter turnout, triggering a political crisis in the Balkan republic more »

Rumored MOL-PKN merger plans divide observers

Assertive comments last week by Polish oil company PKN Orlen SA concerning its planned merger with Hungary's MOL Rt left market observers puzzled more »

Russia seeks technology investment to diversify economy

Investors remain bullish about Russia's technology sector despite the perceived setback to democratic institutions with the government's recent arrest of an energy mogul on fraud and tax evasion charges more »

$60 Million Credit

The Board of the European Bank for Reconstruction and Development has approved on 11 November financing of up to $30 million for the $3.2 billion Azeri-Chirag-Deepwater Guneshli Phase 1 oilfield in the Caspian Sea offshore from Azerbaijan more »

First International Banking Conference in Azerbaijan

The first international banking conference "Bank System Development in Azerbaijan" opened in Gulistan Palace, Baku yesterday more »

EC Digs Deeper into Oracle-PeopleSoft Fight

After a month-long inquiry, the European Commission Monday said it has ruled in favor of moving to a second phase analysis of Oracle's hostile $7.5 billion takeover attempt of rival PeopleSoft more »

Parex Bank Japan representative office launches operations

Parex Bank’s Far Eastern representative office announced the launch of its operations in Japan’s capital city, Tokyo more »

Gazprom, partners to rehabilitate CAC pipeline

A consortium led by Russia's state-controlled gas group OAO Gazprom plans to rehabilitate and upgrade the Central Asia-Center (CAC) natural gas pipeline system from Turkmenistan to Russia and Ukraine more »

Al-Qaeda 'claims Turkey bombings'

Prime Minister Erdogan says justice will be done more »

Schröder warns against EU Expansion Failure

German Chancellor Gerhard Schröder on Sunday warned that the eastward expansion of the European Union could not be allow to fail more »

EU rookies eye Slovakia's flat tax plan

Taxpayers in the quickly growing former communist state say rates are too high, but the Government complains that too many people and firms pay too little tax more »

Controversial Belarus helicopter deal

Uganda recommends prosecution of senior public officials for alleged loss of US$7 million in controversial Belarus helicopter deal more »

The bonds for auction

Russian Finance Ministry to place 5 bln rubles in OFZ-AD 45001, 46001 bonds on Nov 19 more »

Ahold sells Polish hypermarkets to Carrefour Poland

The Netherlands Koninklijke Ahold N.V. announced today it has reached agreement to sell two Hypernova hypermarkets in Poland to Carrefour Poland for an undisclosed sum more »

Blood test spots 'asbestos cancer'

A simple blood test could detect early signs of deadly 'asbestos cancer', scientists have claimed more »

Georgia: Demonstrators Gather In Tbilisi

Thousands of demonstrators have gathered in the Georgian capital Tbilisi, demanding that President Eduard Shevardnadze resign more »