Separatist ambitions in the Caucasus region have received their first tangible boost from the example of Kosovo’s independence. The breakaway Abkhazia region in Georgia appealed to international bodies for recognition of its independence in messages sent March 7, the day after Russia announced that it was lifting its trade restrictions on the territory.
Following Pentagon Contract, Airbus Gets Huge UK Order for Refueling Tankers
Airbus has followed up its whopping U.S. deal of in-flight refueling tankers with a second, slightly smaller sale of similar aircraft to Britain.
Pentagon Contract a “Massive Breakthrough” for European Companies
The surprise selection of a European corporation for a major U.S. military contract - to build $35 billion worth of in-flight refueling tankers - has sent shock waves through the world of defense contractors.
U.S. Hopes New Agreements on Sovereign Wealth Funds Will Set Global Precedent
Yesterday’s announcement that the U.S. has reached an agreement with Abu Dhabi and Singapore on a set of principles for investment by sovereign wealth funds (SWFs) is being hailed as an important first by Treasury officials in Washington.
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