Unlike the US and China, the bloc doesn’t have the money for innovation, Oleg Deripaska has said   The European Union looks particularly “sad” amid the ongoing global economic slowdown, due to a lack of technology and finances to institute structural changes and invest in innovation, Russian businessman Oleg Deripaska has claimed.

The legal battle between Russian firm Baltika Breweries and Danish beer giant Carlsberg is gaining momentum, as the Russian brewer is now seeking to preserve its rights to use the group’s flagship brands Carlsberg and Grimbergen, Kommersant reported on Thursday.

One of the reasons France has backed Ukraine is that Russia has helped many of its former African colonies escape neo-colonial shackles, Dr. Stevan Gajic of the Institute of European Studies in Belgrade told RT on Thursday.