China has sparked an increase in tensions with neighboring countries by establishing an air defense identification zone over waters and islands off its east coast also claimed by Japan and Taiwan. When it announced the zone Nov. 23, China’s Defense Ministry said aircraft entering the zone must identify themselves and report flight plans to its government.
Russia will offer cheaper natural gas to Ukraine if the government in Kiev opts to join a Moscow-led economic bloc after halting free-trade talks with the European Union, according to First Deputy Prime Minister Igor Shuvalov.
German Chancellor Angela Merkel said a trade accord between the European Union and Ukraine won’t be signed at a summit that started late yesterday, after a senior Ukrainian official predicted a “positive result.”
Ukraine needs to resolve issues plaguing its relationship with Russia before it can sign a free- trade agreement with the European Union, President Viktor Yanukovych said as he prepared to attend the bloc’s summit.