Kazakhstan is keen to strengthen the United Nations further and is willing to assist in expanding its presence in the country, including through the establishment of a UN regional diplomacy hub in Almaty, the country’s foreign minister said.
The existing system of global security is of little use to reflect current threats
Lithuania's new liquefied natural gas (LNG) terminal in Klaipėda will be able to cover around 90 percent of the gas needs of Lithuania, Latvia and Estonia, Lithuanian President Dalia Grybauskaitė said on Monday.
Iran and Nuclear Nonproliferation
Oil prices have been recently falling; many commentators wonder why. After all, this is quite a surprise, if we consider the current turbulences in oil-rich Middle East. One possible explanation is the global slowdown of the world economy; after all, China’s growth is by now in the region of 7-8%, clearly less than the 11-12% it recorded just few years ago; India, too, has slowed down; the two giants together represent more than 2.5 billion people and of course have a huge impact on the global demand. Another explanation points to USA investment in shale energy. While it is true that USA shale oil extraction has risen by 53% in the years 2008-13, and the States might become the world’s largest oil producer in 2014, it is also true that this boom might not last long. Drilling costs are high and in 2013 USA domestic production still covered only 55% of its overall consumption. In other words, the shale oil boom might remain a temporary phenomenon. Leaving aside American shale, what has surprised the markets has mainly been Saudi Arabia’s choice to cut oil prices, as announced on October 1 (Wall Street Journal, 1 October) and followed by further cuts in other Gulf countries.
French President François Hollande held talks with leaders from Armenia and Azerbaijan Monday over the disputed region of Nagorny Karabakh. The two visitnig presidents agreed to exchange information on people missing due to the long-running conflict.
The European Union suddenly and surprisingly changed its long and firmly held position that Russia has no right to interfere in its relations with Ukraine on Sept. 12. EU Trade Commissioner Karel De Gucht announced that an agreement had been reached between the EU, Russia and Ukraine to delay the implementation of a deep and comprehensive free-trade agreement (DCFTA) between the EU and Ukraine.
At a summit meeting in Brussels on Friday (24 October), EU leaders asked the European Commission to come up with a plan for better coordinating economic policies.
Former PM Donald Tusk says partitioning Ukraine was never mentioned at any meeting he had with President Putin, contradicting remarks Poland's former foreign minister made to Politico.
European Commission intends to hold talks with Turkmenistan, Azerbaijan on construction of Trans-Caspian gas pipeline
The European Commission intends to hold negotiations with Azerbaijan and Turkmenistan regarding the establishment of the Trans-Caspian gas pipeline, Azerbaijani Energy Minister Natik Aliyev said in Baku on October 21, the local media reported.