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U.S. markets recover from steep losses
MOSCOW, April 24 (UPI) -- Russian First Deputy Prime Minister Igor Shuvalov said the country was not seeking to accelerate privatization of state property.
"We should not speed up privatization at the moment," Shuvalov said at a joint meeting of the Economic Development Ministry and the Prosecutor General's Office, Prime-Tass reported Friday.
Shuvalov said the government would permit state-run companies to cut dividends. The government, however, would keep control of profits, he said.
Economic Development Minister Elvira Nabiullina said Friday the government should push to transform federal companies into combination state-owned joint stock companies.
Federal companies were less transparent and more cautious, she said.
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ERBIL, Iraq, May 24 (UPI) --
Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq.
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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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First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
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It is a whole new ball of wax in Europe these days.
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