The 18th Annual Session of the OSCE Parliamentary Assembly today adopted its concluding document, the Vilnius Declaration, outlining a set of policy recommendations to the governments of the OSCE participating States. READ MORE

The European Parliament has elected former Polish Prime Minister Jerzy Buzek as its new president, making him the first politician from the former communist bloc to hold one of the European Union's top posts. READ MORE

Turkey and four EU member states have signed a historic deal in Ankara allowing work to start on the Nabucco natural gas pipeline, which is aimed at allowing the European Union to tap directly into non-European gas reserves. READ MORE

The presidents of Russia and the USA appear to have achieved progress over missile defence, an issue with a direct impact on transatlantic relations, the international press reported. READ MORE

On June 30 the OSCE officially terminated its Mission in Georgia, which had for 17 years monitored the situation in and around South Ossetia. Russia forced the OSCE to close the Mission by vetoing the prolongation of its mandate in the OSCE's Permanent Council. Also on June 30 the U.N. Observer Mission in Georgia (UNOMIG), which had for 15 years monitored the situation in and around Abkhazia, began evacuating its personnel, following Russia's veto against that Mission's mandate in the U.N. Security Council. READ MORE

The signing ceremony for the intergovernmental agreement to build the Nabucco gas pipeline will be a high-profile event, gathering the prime ministers of several countries on 13 July in Ankara. READ MORE

G-8 leaders have laid down the gauntlet to Iran by setting a September deadline for the Islamic Republic to accept negotiations over its nuclear ambitions or else face tougher sanctions. READ MORE

This issue is very complicated and as known is one of the key moments of Russian-American relations. Americans are already firmly presented in Central Asia and turned Afghanistan into its military strategic base, in this context the issue of military cargos transit is the way to success of total American operation. READ MORE

Perhaps it is no coincidence that the memories of last winter's gas shortage in the European Union, have prompted competing gas pipelines to the EU to hire two former German politicians to smooth the way. READ MORE

Briefing the press on June 16 in Moscow, Gazprom deputy chairman Aleksandr Ananenkov lifted a curtain corner on the company's investment and output prospects in the short-to-medium term. Gazprom is set to substantially reduce capital expenditures in the next few years, starting with a 22 percent capex cut this year: from 640 billion rubles in 2008 to a target figure of 500 billion rubles in 2009. READ MORE