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Those arrested were accused of assaulting police, possessing weapons and participating in an unlawful assembly.
The Russian government says oil prices at about $70 per barrel will have no adverse impact on Russia’s budget.
Last month, the government named former IMF official Arvind Subramanian as its new chief economic adviser.
Putin said the sanctions imposed by the EU, US, Australia and Japan over the Ukraine crisis are “not legitimate”.
The Indian Foreign Minister has told the country’s lawmakers the government is trying to ascertain the facts.
The Brazilian President named Joaquim Levy as Brazil’s new finance minister, replacing Guido Mantega.
South Africa-China trade jumped by 32 per cent between 2012 from R205 billion to R270 billion in 2013.
Asia's third-largest economy needs to register growth around 8 per cent to create enough jobs for its growing workforce.
Africa is now home to seven of the world’s fastest growing economies.
China has offered $30 billion in construction of roads to the 8-member SAARC.
