Originally published on Fri March 22, 2013 9:35 am
Newly installed Chinese President Xi Jinping is following in his predecessor's footsteps by making Russia his first official trip abroad.
The visits by Xi and Hu Jintao before him (in 2003), both meeting with Russian President Vladimir Putin, reinforce how the Cold War rivals have grown closer as they seek to counter U.S. influence in Asia and Europe.
Originally published on Fri March 22, 2013 10:47 am
As a deadline on Cyprus to come up with a financial bailout plan nears, a possible rescue from Russia looks to have fallen apart, leaving the island nation few options for staving off default.
Russian Finance Minister Anton Siluanov said as far as Moscow was concerned "the talks have ended," but Prime Minister Dmitry Medvedev left the door open, saying aid from Moscow would be contingent on Cyprus gaining European Union backing for its other money-raising ideas.