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13:20, 28 July 2014 Monday
Economy

15:18, 25 July 2014 Friday
Expert casts doubt over Turkey-Israel gas pipeline

Although the likely consumer is Europe, which would require pipelines to pass through Turkey, companies may decide instead to export gas from the Levant basin to Jordan, Egypt or the Asian continent.

09:37, 25 July 2014 Friday
EU targets state-owned Russia banks in sanctions plan

The ambassadors did agree to add more people and entities to the EU's asset freeze list, using expanded criteria including Russian companies that help to undermine Ukraine's sovereignty

09:22, 25 July 2014 Friday
Iraqi Kurdish oil nears US port despite concern in Washington

Washington has pressured companies and governments not to buy crude from the Kurdish Regional Government (KRG), but it has stopped short of banning U.S. firms from buying it outright.

09:16, 25 July 2014 Friday
Allegations of GSK corruption spread to Syria

The whistleblower's email said GSK used its own employees and Syrian distributor Maatouk Group to make illicit payments.

14:24, 24 July 2014 Thursday
ECB says website hacked no sensitive data affected

The hackers broke into a database storing details of people who had registered for ECB conferences, visits and other events, the bank said.

13:05, 24 July 2014 Thursday
Russia 68 percent of export revenues from gas oil

Russia generated $356 billion from oil, gas exports last year, data shows.

09:29, 24 July 2014 Thursday
EU could halt technology for Russia to develop Arctic oil

While stopping far short of targeting physical energy supplies, EU ministers for the first time this week raised the idea of restricting Russian access to oil and gas technology.

17:55, 23 July 2014 Wednesday
EU freezes assets of two firms accused of supplying oil

They were among nine organisations and three people added to the EU's Syria sanctions list, published in the bloc's Official Journal

17:50, 23 July 2014 Wednesday
South Africa seeks to limit foreign land ownership

Land reform remains a sensitive issue in South Africa, where 20 years after the end of apartheid the white minority still holds around 87 percent of commercial farm land.

09:22, 22 July 2014 Tuesday
Cuba hopes for more investment as Chinese president arrives

Talks are reportedly underway for a number of investment projects, including in pharmaceuticals and automotive assembly, but no final investment agreements are expected this week.

17:32, 21 July 2014 Monday
Chinese yuan to be world's third currency by 2020'

The yuan will be the world's third largest currency after the U.S. dollar and euro, a Chinese report predicts.

18:04, 20 July 2014 Sunday
Meeting discusses unemployment in African Great Lakes

Unemployment currently stands at 12.7 percent in Kenya and affects 30 percent of the country's population

09:27, 20 July 2014 Sunday
GM says it has no fix yet for some recalled

GM so far this year has recalled about 14.7 million vehicles worldwide with switch-related issues and has linked at least 16 deaths to those issues.

12:40, 19 July 2014 Saturday
China to fund infrastructure projects in Argentina

The deal includes hydropower and nuclear power plants in the South American country.

12:45, 18 July 2014 Friday
S Korea endorses development plan for home-built fighters

State-run think tank Korea Institute for Defense Analyses (KIDA) reported earlier this month that a twin-engine version of the fighter jet is expected to cost around 8.5 trillion won

09:16, 18 July 2014 Friday
U S allies use economic scare tactics in talks with

Western officials have repeatedly warned Iranian counterparts over the past six months that more economic pain is a risk for an OPEC member whose oil exports have already shrunk to a fraction of what they could have been

09:11, 18 July 2014 Friday
Microsoft to cut 18 000 jobs this year as it

The EU's employment commissioner said he has asked to meet with Microsoft to discuss the social impact of the layoffs.

09:06, 18 July 2014 Friday
China deepens ties to Brazil plans to build railways

Although China has promised to invest in Brazil for years and failed to deliver, the pace of deals is picking up with a focus on deficient infrastructure.



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