Word: russianize
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...government's support for Magna could backfire. Initially, GM had serious reservations about Magna's offer and seemed to favor a rival bid by the Belgian-based investor, RHJ International. One GM official said RHJ's offer was "simple and elegant." In particular, GM was uncomfortable with a Russian company getting its hands on Opel's technical expertise and patents...
...cooler relationship with Moscow established since the era of cozy amity between Chancellor Gerhard Schröder and Vladimir Putin. Westerwelle argues that Germany needs to retain its nuclear power capabilities until it has built up alternative domestic energy supplies so it can break its reliance on Russian gas. "If we don't want to be blackmailed then we have to diversify." (See pictures of Putin on vacation...
...violence is flaring up again. And suddenly it's not just Chechnya. Neighboring Dagestan and Ingushetia are hotbeds of instability, as are North Ossetia and, to the immediate northwest, Kabardino-Balkaria, with seemingly random shootings, bombings, kidnappings and armed conflicts among rebels, Islamic separatists, local militia and Russian troops...
...Europe and the U.S. Libya's massive reserves include more than 44 billion bbl. of oil and about 53 trillion cu. ft. (1.49 trillion cu. m) of natural gas. Some of that gas is now piped under the Mediterranean to southern Italy - a valuable alternative to the politically unreliable Russian gas supplies, on which Europe is heavily dependent. U.S. officials have previously said that Washington's renewed links with Libya have proved an important source of intelligence; the U.S. dropped its sanctions and resumed diplomatic relations in 2004, after Gaddafi publicly renounced his nuclear-weapons program and created a compensation...
With new refineries in construction - thanks to incoming Chinese, Russian and Indian investment - Iran predicts it will be self-sufficient in gasoline production by 2013. That seems a little optimistic, but further tough talk by the U.S. on a gas embargo may just help Iran reach its long-held goal a little faster...