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Belgium to recognize Palestine statehood

Belgium’s main political parties are reportedly working on a resolution to recognize Palestine as a state, a Belgian daily reported Wednesday. Le Soir reported that Belgium’s coalition government reached an agreement earlier this week. The Belgian parliament will reportedly...

Saudis to resist oil prices, Iran in doubt

Saudi Arabia and Gulf countries are to maintain their market share and resist falling oil prices, say experts. The Organization of the Petroleum Exporting Countries, OPEC, convened on Nov. 27 in Vienna to devise a strategy against falling oil prices,...

Clashes in Chechen capital Grozny kill 19

At least 19 people, including 10 police officers and nine militants, were killed and 28 others injured in clashes in Grozny, the capital of Russia’s autonomous Republic of  Chechnya Thursday, an official statement said on Thursday.   According to...

Russia may offer Turkey gas discount up to 15%

Russia aims to sell natural gas to Turkey at a six percent discount rate that could be increased further to 15 percent later, Russian Energy Minister said Thursday. “If the market conditions get more beneficial, we could increase our six percent discount offer to 15 percent...