""Russia I think could initiate hostilities sooner than we expect.""
General Sir Nick Carter
Chief of the General Staff, British Army
""These are useful skills in life, because you never know what you can expect.""
Student, Yevpatoria School
""There are still too many people who are left out of that recovery and acceleration of growth.""
IMF Managing Director
"Give up attempts to solve the existing problems by force."
Russian Foreign Minister
""Inequality is not inevitable, it's not like the weather. It's a policy choice.""
Oxfam’s head of policy on inequality.
""It's unbecoming for a cardinal to ski badly.""
Pope John Paul II
""The sheer scale of the challenges our world faces makes concerted, collaborative and integrated action more essential than ever.""
Professor Klaus Schwab
Founder and Executive Chairman, World Economic Forum
"The US is enduring an unprecedented crisis of trust... The root cause is the lack of objective facts and rational discourse"
President and CEO, Edelman
Global oil demand will rise more strongly than expected in 2016 and 2017 the International Energy Agency has said.
Oil hit an 18-month high after OPEC and some of its rivals agreed to jointly reduce output to try to tackle global oversupply and boost prices.
Oil prices extended gains for a second session running on Friday – fuelled by optimism that non-OPEC producers will agree to reduce output following a cartel agreement to limit…
Brent goes through 54$, WTI 51$, oil hitting year highs
OPEC gets its act together in first co-ordinated action in ages and agrees production cut, but analysts say no oil price shock is on the cards.
The oil price continues to fall on doubts OPEC will agree production cuts.
Oil prices rose to three-week highs on Monday amid expectations that OPEC is moving close to a deal to cut output when it meets next week.
Russia's President Putin says it is ready to join a proposed freeze of oil output by OPEC members but did not say at what level it would cap output.
Oil producers in the OPEC cartel have agreed they need to cut production to address a supply glut and lift prices - but the devil is in the details.
OPEC has agreed to cut its oil output for the first time since 2008.
Saudia Arabia has softened its stance on Iran pumping more oil, but an OPEC deal to freeze output remains elusive.
European stock markets are suffering a nervous Monday as investors sold off energy company and bank shares - with Deutsche Bank the biggest loser.
In this edition of Business Line we look at the chances of OPEC and non-member producers, including Russia, reaching an agreement on limiting oil production.
Oil prices jumped on Monday after Venezuela's President Nicolas Maduro said OPEC and non-OPEC countries are close to reaching a deal to stabilise markets.
Oil prices were down again on Tuesday following pessimistic predictions about the growth in demand from the International Energy Agency.
Saudi Arabia and Russia have agreed to cooperate over oil, with a task force to recommend measures and actions, but no immediate action by the world's two top producers.
A freeze of oil output by major producers is looking more likely as Saudi Arabia signals a change in approach ahead of an OPEC meeting in Algeria later this month.
Oil prices have slipped amid fading hopes of an agreement to limit production even with the market being hugely oversupplied.
Crude oil prices have slipped back after hitting an eight-week high following their longest run of gains in four years in the belief that a limit on output will not be agreed by producers.
OPEC has failed to agree on limiting output which would have boosted the price of crude but Saudi Arabia promised not to flood the oil market with extra barrels.