A "friends-of-Putin" consortium is about to acquire the German automobile manufacturer Opel, a subsidiary of the bankrupt U.S. company General Motors. The move is seen as the largest industrial acquisition in Europe by Russian interests since 1991. It marks an advance in the expansion of... MORE

On May 24 in Tehran, Iran's President Mahmoud Ahmadinejad and his counterpart in Pakistan Asif Ali Zardari signed an intergovernmental framework declaration on gas pipeline construction and gas deliveries from Iran to Pakistan. The declaration pledges support for the agreements of intent, signed by the... MORE

Russia no longer needs to veto the U.N. Security Council's (UNSC) resolution on the mandate of U.N. observers in Georgia, which expires on June 15. Intimidated by Moscow's veto threats, U.N. Secretary-General Ban Ki-moon and some key UNSC members have bowed to Russian demands and... MORE

On May 17 in Sochi the Russian Prime Minister Vladimir Putin and his Turkish counterpart Recep Tayyp Erdogan concluded a deal on natural gas. Putin and Gazprom CEO Aleksei Miller promised to proceed with the Blue Stream Two gas pipeline project in a revised version... MORE

Despite facing gas production shortfalls (relative to internal and external supply commitments) post-2010, Russia is multiplying its supply offers to European consumer countries through South Stream and other pipeline projects. Gazprom signed bilateral agreements on building South Stream with state-controlled Italian, Bulgarian, Greek, and Serbian... MORE

On May 15 in Sochi, Gazprom signed bilateral agreements with Italy's ENI, Bulgarian Energy Holding, the Greek DESFA Corporation, and Serbia Gas -all state-controlled companies- on implementing Gazprom's South Stream project for gas export to Europe. Russian Prime Minister Vladimir Putin attended the signing of... MORE

On May 21 the newly elected Moldovan parliament fell one vote short of the three-fifths majority necessary for electing the head of state. All the 60 deputies from the nominally communist party voted for the party's presidential candidate, incumbent Prime Minister Zenaida Greceanai, who is... MORE

Attendance at opposition rallies in Tbilisi has dwindled to a trickle, with only a few hundred protesters manning round-the-clock pickets for a standard fee of 30 Lari, plus food rations per night. The intention to bring opposition protesters to Tbilisi from the countryside has failed... MORE

Moldova's newly elected legislature convened for its first full-fledged sitting on May 12 and elected the outgoing head of state, Vladimir Voronin, as Chairman of Parliament. Having completed two presidential terms (2001-2009), and barred by the constitution from seeking a third, Voronin continues as acting... MORE

With its underdeveloped multi-party system and state institutions, dysfunctional law-enforcement and internal security apparatus, budget revenues drying up amid an international financial crisis, and the unresolved Transnistria conflict simmering on the back burner, Moldova now faces the risk of a constitutional crisis.The nominal Communist Party,... MORE