Russia has been hit hard by dual shocks—a collapse in oil prices and a sudden reversal of capital flows. Even though Russia’s far-sighted policy of saving most oil revenues allowed for a large fiscal stimulus, the IMF in its annual Article IV assessment of the country’s economy projects real GDP …

CHISINAU, Moldova Moldova’s new ruling coalition will make cancellation of visa requirements for Romanian citizens a top order of business, a senior official said Monday. The four-party majority controlling Moldova’s parliament considers visa-free travel for Romanian nationals a “top priority,” said Markian Lupu, chairman of the Democratic Party of Moldova …

DAMASCUS, Syria Minister of Trade and Economy Amer Hossni Lutfi discussed yesterday with Armenian Ambassador to Syria Arshag Poladian the latest preparations for holding a Syrian-Armenian committee for commercial, economic, scientific and technical cooperation due to be held in Yerevan next month.