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U.S. markets recover from steep losses

MOSCOW, April 15 (UPI) -- State Duma Speaker Boris Gryzlov said Tuesday the Russian economy needs to break away from the mind-set of monopolies.
"The Russian economy remains an economy of monopolies, and an economy that lacks a competitive environment," said the speaker of the lower house of the Russian legislature.
"On the whole they are slowing (economic) development," Gryzlov told the ninth congress of pro-Kremlin United Russia, Interfax reported.
"The country has just recovered from oil addiction, but it must not become hooked on natural monopolies," Gryzlov said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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