Russia filling up rainy-day fund

Russia has increased its reserve fund used for emergency spending by 551.4 billion rubles ($9.5 billion), the government said on Thursday. “The funds will be used in part to implement measures aimed at ensuring the stability of economic development in the conditions of external constraints,” the government said, referring to Western sanctions placed on Russia…

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EU member warns West could cause ‘worst-case scenario’ in Ukraine

The agenda for a security meeting in Paris on Monday “sends chills down my spine,” Slovak Prime Minister Robert Fico has said Western nations could come up with the “worst solution” to the Ukraine conflict at a top-level meeting convened on Monday by France, according to Slovak Prime Minister Robert Fico.

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Baltic state selects first openly gay president in EU

The Latvian parliament on Wednesday chose Edgars Rinkevics as the Baltic country’s next president, after incumbent Egils Levits chose not to run for a second term. Rinkevics will be the first openly homosexual head of an EU member state.

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