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Gas deal threatens Ukraine’s crisis-hit economy

KIEV (Reuters) – An abrupt rise in Russian gas prices will undermine Ukraine’s economic and energy security and leave some enterprises on the brink of insolvency, officials and analysts said Tuesday. Its economy already in a tailspin due to the global financial crisis, Ukraine will now pay $360 per 1,000 …

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FACTBOX: Russia and Ukraine sign 10-year gas supply deal

(Reuters) – Russian gas export monopoly Gazprom and Ukrainian energy firm Naftogaz have signed 10-year gas supply and transit deals, ending a contract row which left part of Europe without the supplies in midwinter. The contracts, signed in the presence of the prime ministers of both countries on Monday, allowed …

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Conflict costs Israelis, Palestinians dear: study

JERUSALEM (Reuters) – Israelis and Palestinians could all be twice as rich as they are today if conflict had not continued throughout the peace process of the past two decades, an international think tank said on Wednesday. The Strategic Foresight Group, an India-based body that says it has advised governments, …

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