Russian Energy Minister, Sergei Shmatko, and Gazprom’s top hierarchy, along with their West-European business allies, advertised the South Stream project at a promotional event on May 25 in Brussels (Interfax, Euractiv, May 25, 26). The European Commission had agreed to be represented at this event,... MORE

On June 1 in Brussels, the North Atlantic Council approved a prolongation of the NATO-flagged campaign in Libya for another 90 days –that is, until the end of September (www.nato.int, June 1). The Alliance had originally set a 90-day term, counting from March 31 when... MORE

As predicted from the outset of the Libya crisis (EDM, April 21, 26), Russia now officially proposes to “help” extricate the Western belligerents from their difficulties in Libya. Moreover, Moscow’s mediation is being solicited. At the G8 summit in Deauville, France on May 26 –... MORE

Hungary’s government has successfully completed negotiations with the Russian government and Surgutneftegaz about the latter’s exit from Hungary. The government is purchasing Surgut’s 21.2 percent stake in the oil and gas company MOL, Hungary’s largest business entity and Central European oil-refining leader. Surgut, a Kremlin-connected... MORE

Ukraine has sent Russia a clear signal that it is unconvinced it would benefit from membership in the Russian-dominated customs union more than from free trade with the European Union. The Ukrainian parliament instructed the government to prioritize the association and free trade talks with... MORE

As anticipated (EDM, April 26), Russia is offering its mediation services in Libya to capitalize on NATO’s predicament. The Russian government has invited emissaries from both Libyan sides, Tripoli and Benghazi, to Moscow for separate talks. Russian Foreign Minister, Sergei Lavrov, is using foreign dignitaries’... MORE

NATO’s combat operation in Libya involves only 10 out of 28 member countries. It amounts to a coalition-of-the-willing from among NATO members, continuing a pattern set in Iraq (NATO’s flag could not be used there, but can and is being used for the Libya campaign).... MORE

Ukraine has expelled two Czech diplomats, explaining that they had gathered military secrets and hired local assistants who now face prison sentences. This is an extraordinary event as Ukraine has avoided scandals involving the expulsion of Western diplomats in the past. Moreover, this happened at... MORE

Following in US footsteps, NATO has stumbled into its own war of choice in Libya. The rationale in this case is an assumed “responsibility to protect” populations, apparently anywhere, from mass-scale atrocities or war crimes, be they perpetrated by governments or resulting from civil conflicts.... MORE

On May 5, the National Bank of Belarus, responding to pressure to devalue the Belarusian ruble, stipulated that by May 12, the exchange course with hard currency (the US dollar, the Euro and the Russian ruble) could increase from its current 8 percent depreciation rate... MORE