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No Palestinian state – Netanyahu

Prime Minister Benjamin Netanyahu has declared that Israel “will not settle for anything short of an absolute victory,” rejecting calls from Washington to wind down the hostilities in Gaza and support the creation of a Palestinian state.

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Russia’s economy can overtake Japan’s – minister

Maksim Reshetnikov noted the large disparity in the two countries’ growth rates  Russia may overtake Japan as the world’s fourth largest economy in the coming years, Economy Minister Maksim Reshetnikov stated on Wednesday.

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US oil industry struggling with freezing temperatures – Reuters

An Arctic storm has reportedly affected the operations of multiple refineries from North Dakota to Texas A severe winter storm shut a US Gulf Coast refinery in Texas on Tuesday, caused a glitch at some other petroleum plants, and halved North Dakota oil production, Reuters reported on Wednesday.

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