The United States and South Korea are destined to “pay the price” for their decision to deploy an advanced missile defence system which will inevitably prompt a “counter attack”, China’s top newspaper said on Saturday. Source The Business Times
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“To those companies that buy Russian aircraft, we will provide the necessary benefits, including profitable routes, as well as special incentives of an economic nature, including those related to the leasing of aircraft. We are working in compliance with the plan, and I believe that in the early spring we will be ready to report the first results,” Source RT
Any country leaving the eurozone would have to settle its claims or debts with the bloc’s payments system before severing ties, European Central Bank President Mario Draghi has said. The comment, a rare reference by Draghi to the possibility of the currency zone losing members, came in a letter to two Italian lawmakers in the European Parliament released on Friday (20 January). Source Euractiv
Russian shipments surged nearly a quarter over 2015 to about 1.05 million barrels per day (bpd), the data showed, with Saudi Arabia coming in a close second with 1.02 million bpd, up 0.9 percent in 2016 versus the previous year. China is the world’s second-largest oil buyer and the fastest-growing major importer. Source Reuters