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. Last Updated: 07/27/2016


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Targeting Inflation Is Right on the Money

The strong ruble is not the result of factors related to monetary policy. Long-term monetary policy is only effective in battling inflation.

They're Looking the Wrong Way

The Federal Forestry Agency has said it is ready to rent out 1 million hectares of forest to China, and preliminary agreements have been reached with the Tyumen and Sverdlovsk regions on 49-year rental contracts.

Suspected Terrorist Killed in Mumbai

Indian police said they had foiled a possible terrorist attack in the financial hub of Mumbai after they shot dead a suspected Pakistani militant and arrested another after a gun battle in the metropolis on Tuesday.

Iran Vows to Start Serious Talks

Iran's chief nuclear negotiator presents the country's response to the West's package of incentives.

Gunfire Rocks Congolese Capital

Heavy gunfire erupted Tuesday morning around the home of Congo's top presidential challenger, a day after fighters trapped diplomats who had to be evacuated by UN peacekeepers.

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