Iran ready to resume direct flights to US

This is an update from January of 2014 when Iran had hinted direct flights to America were on the agenda.

 

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Iran is ready to resume direct flights to the United States, a department head at Iran’s Civil Aviation Organization, Mohammad Hada Karmi said. Continue reading

Russia, China agree to integrate Eurasian Union, Silk Road, sign deals

Russia and China have signed a number of energy, trade and finance deals on Friday aimed at strengthening economic ties. The two countries have multiple mutual projects which “achieved a unity of views on a wide range of issues.”

Russian President Vladimir Putin and Chinese leader Xi Jinping have signed a decree on cooperation in tying the development of the Eurasian Economic Union with the “Silk Road” economic project. Continue reading

Russia, China Plan Military Exercises

Russia and China will hold large-scale joint naval exercises next month, according to an April 18 report by Want China Times. The two nations also plan to increase the scale and standard of naval exercises. These are indications of the increasing cooperation between the two countries.

Seventy Chinese Honor Guard officers will participate in the May 9 military exercises known as the Russia Victory Day Red Square Parade. The parade celebrates Germany’s surrender at the end of World War ii. At the parade, Russia will present new T-14 Armata battle platforms—military vehicles designed for modern military obstacles.

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China to open high speed rail link to N.Korean border

China will open a high-speed rail line to the North Korean border next year, state media said on Thursday, in a sign that China remains committed to boosting trade and economic ties with the isolated, nuclear-armed state.

The line, under construction since 2010, will run 207 km (127 miles) from Shenyang to the border city of Dandong, which faces North Korea across the Yalu River, and will shorten the train journey from 3 1/2 hours to one hour, the official Xinhua news agency said. Continue reading

China Sounds Alarm on Global Economy at APEC Summit

China sounded the alarm about the state of the global economy on Saturday and urged countries gathering at an Asia-Pacific summit to protect themselves by forging deeper regional economic ties.

Russian President Vladimir Putin had also expressed concern about the world economy on Friday, and particularly about Europe’s debt crisis, as he prepared to host the annual APEC summit in the Pacific port city of Vladivostok.

“The world economy today is recovering slowly, and there are still some destabilising factors and uncertainties. The underlying impact of the international financial crisis is far from over,” Hu told businessmen in a speech before the summit.

Russia sees the weekend summit as a chance to make a pivotal shift away from Europe, increasing political and economic links with countries in Asia that are showing relatively strong economic growth as Europe struggles with its debt crisis.

Full article: China Sounds Alarm on Global Economy at APEC Summit (CNBC)