Russia’s gas production soars – data

Russian natural gas production has continued to grow in annual terms for the fourth month in a row in November, reaching nearly 60 billion cubic meters, business daily Kommersant reported this week, citing official data.

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Ukrainians face a ‘terrible winter’ – retired French general

A former chief of staff for France’s air force has warned that Kiev will only be able to defend its current positions, “at best” A retired French general and former NATO commander has painted a chilling picture of Ukraine’s prospects over the next several months in its conflict with Russia, saying the best that Kiev…

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Swiss bank faces shareholder wrath

The boss of Credit Suisse has said he is ‘truly sorry’ about the collapse of the 167-year-old firm Credit Suisse Chairman Axel Lehmann apologized to shareholders on Tuesday for failing to contain the crisis which led to the lender’s downfall. The ailing Swiss banking giant was taken over by rival UBS last month.

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