Pavel Orlov Nov 7, 2012 15:40 Moscow Time Photo: EPA There are 55 days left until a fiscal cliff in the US. In January, all tax remissions for business will be abolished, which means that the White House will have to sharply cut down expenses and raise the state debt level once again. The previous…
Russian officials and international media have given prominent coverage to Moscow’s plans for a transcontinental trade corridor southward to Iran via the Caucasus. These efforts aim to end-run Western sanctions and expand Russian trade in the Indian Ocean basin and beyond. But Russian experts concede that the opening of such a route is months or even years away, with some …
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