Russia, China agree currency swaps to cut dependence on U.S. dollar

Russia, China agree currency swaps to cut dependence on U.S. dollar

August 9, 2014 - 14:38 AMT  10:38 GMT
A currency swap is widely used and allows simultaneously exchanging a specific amount of one currency for another currency with two different settlement dates.
Armenian, Azeri Presidents to meet Aug 10, Yerevan confirms (updated)

Armenian, Azeri Presidents to meet Aug 10, Yerevan confirms (updated)

August 9, 2014 - 14:08 AMT  10:08 GMT
Sargsyan and Putin will meet August 9 to discuss development of ties in political, trade, economic and humanitarian sectors
Nokia Lumia 720 mid-range smartphone details leak online

Nokia Lumia 720 mid-range smartphone details leak online

August 9, 2014 - 13:50 AMT  09:50 GMT
The device will reportedly feature a 4.7-inch display and attempt to tap into the selfies craze with a 5-megapixel front-facing camera.
Facebook

Facebook "wants virtual reality movies on Oculus Rift"

August 9, 2014 - 13:34 AMT  09:34 GMT
The social network is approaching Fox, Disney, Warner Bros, Sony and Universal to realize these ambitions, reports say.
OSCE MG Co-Chair says Karabakh conflict “not frozen at all”

OSCE MG Co-Chair says Karabakh conflict “not frozen at all”

August 9, 2014 - 13:08 AMT  09:08 GMT
“We are very concerned about the situation along the Line of Contact, and as you see, the situation is not frozen at all,” Warlick said.
Azeri sabotage attempt thwarted by Karabakh forces

Azeri sabotage attempt thwarted by Karabakh forces

August 9, 2014 - 12:47 AMT  08:47 GMT
The advance of Azeri saboteurs was halted; the enemy was repelled to initial positions, suffering losses.
U.S., UN slam Gaza violence as Israel strikes 33 Palestinian sites

U.S., UN slam Gaza violence as Israel strikes 33 Palestinian sites

August 9, 2014 - 12:25 AMT  08:25 GMT
Israel renewed strikes on Gaza soon after the ceasefire lapsed, saying it was in response to rocket fire by Hamas, which controls Gaza.
500 arrested in deadly clash between Pakistani police, protesters

500 arrested in deadly clash between Pakistani police, protesters

August 9, 2014 - 12:16 AMT  08:16 GMT
The violence is exacerbating tension ahead of a big protest rally by the activist cleric, Tahir ul-Qadri, in the city of Lahore.
French MP to open AIWA conference in Yerevan

French MP to open AIWA conference in Yerevan

August 9, 2014 - 11:15 AMT  07:15 GMT
The first day will end with a visit to Tsitsernakaberd to place a wreath at the Genocide Monument and tour the Genocide Museum.
Turkey’s presidential hopefuls hold final rallies

Turkey’s presidential hopefuls hold final rallies

August 9, 2014 - 09:17 AMT  05:17 GMT
Ekmeleddin Ihsanoglu visited the town of Soma, which in May was the scene of Turkey's worst ever mining disaster.
---