Thursday, March 5, 2015   

Kiev ups stakes in Russian gas standoff
(06-12 18:44)

Ukraine stuck to its guns in a fierce gas standoff with Russia that could impact Europe and wreak further havoc on the nation's economy as it battles a separatist insurgency in the east.
Another acrimonious round of EU-mediated talks broke up Wednesday in Brussels with Ukraine calling Russian President Vladimir Putin's offer to lower Kiev's fuel price by more than 20 percent a ''trap''.
The third ''gas war'' between the two neighbors in less than a decade flared when Moscow nearly doubled Kiev's gas rate in the wake of the February ouster of Ukraine's Russian-backed president.
A solution by Monday's debt payment deadline would boost new Ukrainian President Petro Poroshenko's efforts to mend ties with Moscow and enlist Putin's support in resolving a two-month pro-Russian insurgency that has claimed 270 lives.
The Western-backed chocolate baron hinted Wednesday that he was ready to meet separatist leaders who had laid down their arms.
But the militants have so far shown no sign of abandoning their drive to have the economically-vital eastern rust belt -- home to nearly seven million mostly Russian speakers -- come under Kremlin control.--AFP
   
Other World breaking news:
Family of Korea’s Chun Doo Hwan forefeits US$1m over graft (42 mins ago)
German youths jailed for Singapore vandalism (1 hr 8 mins ago)
Singaporean blogger and gay-rights activist fined (1 hr 10 mins ago)
Pharrell Williams denies copying Marvin Gaye music (1 hr 23 mins ago)
Elizabeth McCracken’s ‘Thunderstruck’ wins short story prize (1 hr 31 mins ago)
Six charged over cocaine and liquid meth from Colombia (1 hr 41 mins ago)
Republicans pounce on Hillary Clinton lapse (1 hr 57 mins ago)
Hillary Clinton in a bind over email revelations (2 hrs 5 mins ago)
Tehran tells Washington to choose between sanctions or nuke deal (2 hrs 10 mins ago)
(Mobile World Congress) Alarm over personal health data online (2 hrs 13 mins ago)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.