
Energy ministers from the world's two largest oil producers, Russia and Saudi Arabia said on Monday that their countries had agreed to act together to lift the price of oil out of its two-year slump, though they provided few details as to how they planned to achieve that goal.

Argentina's defense minister Julio Martinez is travelling to Russia and Italy with the purpose of strengthening bilateral cooperation in defense issues, including the possible supply of hardware for the equipment depleted Argentine armed forces. Last July the Russian Federation chief of Land Forces, General Oleg Salijukov visited Buenos Aires.

Brussels must do more to help producers ride out the slump in agricultural commodity prices, European farm leaders have warned. Immediate solutions were needed to tackle the “unprecedented” crisis that had hit agricultural markets, said European farm umbrella organization Copa-Cogeca.

Venezuelan Oil Minister Eulogio Del Pino will visit Russia, Qatar, Iran and Saudi Arabia on a tour of OPEC and non-OPEC countries intended to drum up support for action to stem the tumble in crude prices.

Business is business, so why not buy oil from ISIS. The Russians claim the Turks are doing it, and in all likelihood even Assad is buying it. No one can fight a war without oil, according to Robert Bensh, partner and managing director of Pelicourt LLC oil and gas company.

Russian President Vladimir Putin on Thursday described US Republican presidential hopeful Donald Trump as talented and outstanding, welcoming his stance on Russia.

Venezuela will allocate $480 million to upgrade its Sukhoi fighter jets from Russia. President Nicolas Maduro just authorized the payment of $480 million so that the service life of our Sukhoi planes and continue to fulfill their duty and give protection to the Venezuelan airspace, Venezuelan Defense Minister Vladimir Padrino Lopez was quoted, by Moscow's Sputnik news agency on Thursday.

Argentine president Cristina Fernandez and Russia's Vladimir Putin exchanged praise and compliments during a videoconference on Wednesday marking the 130th anniversary of the establishment of diplomatic relations between both nations.

France has agreed to sell two Mistral helicopter carriers to Egypt for 950 million Euros after their sale to Russia was canceled in August, French officials said on Wednesday.

Argentine Economy Minister Axel Kicillof speaking from Moscow said ties between Buenos Aires and Russia were “a fact, not a wish” praising the bilateral “natural understanding” and “complementation”, achieved by the two partners in economic, energy and trade affairs.