Global proven oil reserves rose by 0.5% in 2010, boosted by increases in Brazil, India and Russia, according to British Petroleum. Deposits advanced to 1.3832 trillion barrels at the end of last year from a revised 1.3766 trillion in 2009, BP said in its annual Statistical Review of World Energy.
Uruguayan president Jose Mujica warned that several abattoirs will run into deep trouble and might have to close down because of the lack of livestock ready for slaughtering. He also cautioned that “there is not much more the Executive can do”.
World Trade Organization Director General Pascal Lamy warned world leaders that adopting protectionist measures can have “devastating effects” on the global economy. Addressing the G 20 group Lamy called on the leaders to resist “the temptations of protectionism”.
Russia has raised 96 billion roubles (3.3 billion USD) from the sale of a 10% stake in the country's second biggest bank, VTB. The sale marks the start of the government's huge privatisation drive aimed at raising 1 trillion roubles over three years.
Argentina in this 2010/11 campaign has been supplying Antarctic bases and stations with support from a Russian polar vessel equipped with an icebreaking bow and its own Navy units.
A Russian team drilling toward Lake Vostok, a pristine freshwater lake buried 3,750 meters under the Antarctic ice had to conclude its task and will have to wait for the next season to finish off the job.
United States President Barrack Obama pledged on Tuesday to help Russia investigate the deadly terrorist attack on Moscow's Domodedovo Airport, the Kremlin said.
A suicide bomber killed at least 35 people and injured a further 60, many seriously, at Russia's biggest airport in an attack that bore the hallmarks of militants fighting for an Islamist state in the north Caucasus region.
It all began in 1955 with Indian Prime Minister Nehru’s maiden visit to the erstwhile Soviet Union and Khrushchev's reciprocal trip to India same year. Since then, Indo-Russian ties have withstood every test of time. During this period of over half a century, both nations ferried through turbulent waters. But the relationship between Moscow and New Delhi was never adversely affected per se.
Russia is interested in purchasing 3 million tons of Argentine animal feed corn to supply its domestic market following the catastrophic drought and fires suffered by the country during summer months in the northern hemisphere.