RUSSIA

Gold stayed nearly flat in thin trade on Friday, on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a key U.S. option expiration and a Federal Reserve policy meeting next week.

Gold Up Above $1,645/oz As Euro Firms

Gold rose above $1,645 an ounce on Friday as a better-than-expected German business sentiment survey lifted the euro versus the dollar, but trading was light as investors awaited further news on the euro zone crisis and U.S. monetary policy.

Sudan and South Sudan: The Global Impact Of A New War

South Sudan
With forces gathering on both sides of the Sudan-South Sudan border, it seems that the two nations are again headed toward all-out war, which would be devastating to both countries and their international partners.

Russian Oil Giant Says Spillage ‘Inherited’ After Govt Announces Lawsuit

Yuri Trutnev
TNK-BP, Russia's third largest oil producer, replied Friday to the government's announcement it would be sued for oil leaks that have polluted two Siberian river basins, saying most of the damage is a result of inherited environmental problems, accumulated since 1962. TNK-BP pointed to its ongoing $500-million cleanup fund as evidence it is committed to greening up some of Russia's oldest facilities
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Lihir Gold Mine

Gold Prices Rise Above $1,645

Gold rose above $1,645 an ounce on Friday as a better-than-expected German business sentiment survey lifted the euro versus the dollar, but trading was light as investors awaited further news on the euro zone crisis and U.S. monetary policy.

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