Russia has signed a $10 billion agreement with Jordan for the construction of the country’s first nuclear power plant. Jordan currently lacks local energy sources and struggles to meet its growing electricity demand.
A dot-com bust could soon take place all over again, as a number of tech companies in the West are valued higher than their earnings will ever justify, says a billionaire investor who got rich in the industry.
Russia’s Gazprom Global LNG has signed a deal with Egyptian Natural Gas Holding Company (EGAS) to supply 35 shipments of liquefied natural gas (LNG) by 2020, according to the company and Egypt’s Ministry of Petroleum.
The National Health Service (NHS) has agreed its largest ever deal to privatize services in an attempt to tackle the increasing backlog of patients awaiting surgery, scans and tests. Critics say the move is undemocratic and threatens care standards.
Russia has obtained exclusive rights to explore 3,000 square kilometers of the Pacific seabed for cobalt. The area is 5,000 kilometers down and is estimated to contain 30-35 million tons of the mineral, the deputy Russian national resources minister said.
British MPs are protesting the US-EU TTIP free trade deal that could enable multinational corporations to sue governments if newly introduced rules harm their businesses, thus weakening essential European health and food regulations.
Russia’s communications minister has reportedly called for sectoral sanctions against French-based communication companies in reply to the scuttled delivery of Mistral warships. Space-related entities are likely to suffer the most.
Russian oligarch Mikhail Fridman’s investment fund LetterOne has closed a €5.1 billion deal with Germany’s RWE to buy its oil and gas arm Dea, despite an attempt by the UK to block the British part of the purchase.
Israeli PM Netanyahu’s visit to the US for a controversial speech to Congress may further damage relations with Washington, but will also bring him points at the upcoming elections, Alon Liel, former Israeli Foreign Ministry Director General told RT.
The Russian State Duma has ratified the $100 billion BRICS bank that’ll serve as a pool of money for infrastructure projects in Russia, Brazil, India, China and South Africa, and challenge the dominance of the Western-led World Bank and the IMF.