Word: russia
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...once. It is just the most recent display of bipartisan goodwill between current and past holders of the highest office in the land. These alliances often span vast differences in both ideology and age: Richard Nixon paid a secret visit to Bill Clinton, 33 years his junior, to discuss Russia policy in 1993; Herbert Hoover met with John F. Kennedy, 38 years his junior, before he was inaugurated in 1960. Bush, at 85, is 37 years older than Obama...
...most important thing is that Russia and China have the need and capacity to enhance cooperation and the two economies are complementary to each other," Putin told China's state-run Xinhua news service. For each side, there are clear benefits: Russia's energy companies secure a stake in China, which is set to become the world's biggest energy consumer within five years, according to the International Energy Agency in Paris. And for China, Russia provides a safer, more direct source for gas and oil than either the Persian Gulf or the Horn of Africa. Energy-rich Russia...
...China and Russia have yet to come to terms on an agreement for Gazprom to sell natural gas from fields in western and eastern Siberia to the China National Petroleum Corp. (CNPC). In 2006 the two companies signed a memorandum of understanding to develop two pipelines, one that would link Sakhalin Island with northeast China and a second that would join the Siberian Kovykta gas field with China's northwestern Xinjiang region. Completion of that deal stalled on disagreements over several issues, including price. (See pictures of China's electronic-waste village...
...China and Russia also still disagree on how to finance those unbuilt pipelines, which are likely to cost billions of dollars. (As a measure of how expensive these projects are, the BTC oil pipeline linking Azerbaijan's capital, Baku, through Tbilisi, Georgia, to Turkey's Caspian port of Ceyhan cost $4 billion to build in the early 2000s.) "Gazprom has been looking to get into the Chinese market for a considerable time, but the problem has always been over agreeing on the price," says Julian Lee, a senior energy analyst for the Center for Global Energy Studies in London. "There...
...brazenness of the hit on Ivankov suggests that Russia's mobsters are acting with greater impunity and disregard for the law. The government now faces a major test: it needs to back up its new laws with determined action, or risk losing control of the streets to the ever-more-powerful mafia clans for good...