BUSH MEETS WITH EC PRESIDENT BARROSO

Caspian hydrocarbons focus of energy summit; EU firm on Nord Stream; IPI worthwhile, Islamabad says

BRUSSELS, Nov. 14 (UPI) -- The European Commission proposed that its 27 member states diversify their energy sources to prevent too much reliance on Russia, a report said.

BRUSSELS, Nov. 14 (UPI) -- The European Union will not stand idle while its energy dependence evolves to the point of a regional crisis, the European Commission president said.

WASHINGTON, Nov. 14 (UPI) -- As the world simmers through economic gyrations, Russia's economy, heavily dependent on energy exports, has seen a massive shrinking of its hard currency earnings. The government is attempting to prop up the ruble, even as the European Union seeks a way to lessen its dependence on Russian natural gas imports.

BRUSSELS, Nov. 13 (UPI) -- The European Union Thursday submitted proposals covering a wide range of areas meant to ensure diversity and security in the regional energy market.

LONDON, Nov. 5 (UPI) -- Barack Obama's victory in the U.S. presidential election Tuesday brought congratulatory messages from world leaders.

BEIJING, Oct. 25 (UPI) -- Asian and European leaders said Saturday they will work cooperatively to tackle the financial crisis threatening the economies of both continents.

BRUSSELS, Oct. 23 (UPI) -- Georgian officials say the $4.5 billion raised by the international community to rebuild the country far exceeded their expectations.

CAMP DAVID, Md., Oct. 20 (UPI) -- A series of talks among world leaders on global financial reform will begin soon after the U.S. presidential elections in November, officials said.

WASHINGTON, Oct. 18 (UPI) -- U.S. President George Bush, flanked by the presidents of France and the European Commission, announced plans Saturday for an international economic summit.