Russian oil production in December stood unchanged at 11.21 million barrels per day (bpd), flat month on month and at its highest in almost 30 years, energy ministry data showed on Monday. In 2016 in total, output reached 10.96 million bpd, up from 10.72 million in 2015. Source: Reuters
The first families of Boers, descendants of Dutch settlers in South Africa, could soon be moving to Russia to escape rising violence against farmers. Some 15,000 Boers want to leave South Africa and become farmers in Russia. Source: RT
Italian bonds fell on concern that Finance Minister Giovanni Tria, whose appointment brought a relative calm to the nation’s markets, may be forced to step down. Source: Bloomberg
China has lent Cambodia $259 million to build a new road in the capital Phnom Penh with Cambodia describing relations between the two countries as being at the “best stage” ever. Source: Reuters
