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Oil price lower than $50 in 2015 to cost Russia budget $46 bn

Oil price lower than $50 in 2015 to cost Russia budget $46 bn

The Russian Finance Ministry could get windfall by selling currency reserves owing to the ruble undervaluation.

World Bank cuts Russia growth outlook, warns on global economy

World Bank cuts Russia growth outlook, warns on global economy

Russia's gross domestic product (GDP) to decline by 2.9 per cent in 2015, says the the Washington-based lender.

China sends off 4th Ebola aid shipment with 232 medical workers

China sends off 4th Ebola aid shipment with 232 medical workers

There are plans to send more supplies, which should arrive in the affected nations in mid-March.

UN to convene Libya conference

UN to convene Libya conference

There are fears that the talks could be scuttled if Libya Dawn representatives fail to turn up in Geneva.

Does an alliance with Japan and the US serve India?

Does an alliance with Japan and the US serve India?

India in sore need of Chinese investment and joining an anti-Beijing coalition does not make much sense, writes Sen.

China exports rose 6.1% in 2014

China exports rose 6.1% in 2014

Trade with the EU edged up 8.9 per cent year on year to 3.78 trillion yuan in 2014.

Cameroon: 143 Boko Haram fighters killed

Cameroon: 143 Boko Haram fighters killed

The group appears to be trying to capture as much territory as possible to form an Islamic state.

SA President to visit Ebola-hit Guinea

SA President to visit Ebola-hit Guinea

The Gueckedou prefecture in Guinea is where the Ebola outbreak first started.

Indian govt says stake sales in multiple state-owned companies by March-end

Indian govt says stake sales in multiple state-owned companies by March-end

The government is aiming to sell a 5% stake in state miner Coal India, which could fetch about $1.5 billion.

China backs Africa politically and economically: Chinese FM in Africa

China backs Africa politically and economically: Chinese FM in Africa

During his Africa trip earlier last year, Chinese Premier Li Keqiang unveiled extra aid for Africa totaling $12 billion.