India's largest bitcoin exchange service has suspended its operations, just when the most valuable currency in the world had begun to gain widespread recognition in the country. The central bank cautioned against the risks of using virtual currency.
Armenia is on course to join the Customs Union with Russia, Belarus, and Kyrgyzstan by January 2015, after signing a "roadmap" in Moscow. Despite declaring its interest only three months ago, it may join earlier than Kyrgyzstan, which applied in 2011.
The tug of war over Ukraine is an extension of the diplomatic spat over Syria, where EU and US plans were thwarted diplomatically by Russia. Now the West is taking the fight to Moscow’s doorstep, geopolitical analyst Patrick Henningsen told RT.
The agreement with Russia for cheaper gas and a promise to buy a large portion of Ukrainian debt saved the country from economic and social collapse, Ukrainian Prime Minister Mykola Azarov said on Wednesday.
Officials in China have indefinitely banned the import of certain shellfish from the United States over concerns that geoduck clams, oysters and other double-shell aquatic animals are contaminated to the point that human consumption is unsafe.
After stringing along Russia, the EU and the Ukrainian people, President Viktor Yanukovich has inked an agreement worth $15 billion in securities and from January 1, can start buying Russian gas for $268 instead of $400 per 1,000 cubic meters.
There has been no Russian blackmail against wannabe EU-member Ukraine, and existing agreements between the two countries clearly state that only certain trade privileges could be scrapped, Russian Foreign Minister Sergey Lavrov said.
The EU banking regulator has warned of a “possible risk” using virtual currency such as bitcoin, which is program code and isn't regulated by any country, as the virtual currency doesn't offer any protection to consumers or mechanism for compensation.