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Gross domestic product (GDP) grew 7.4 per cent year-on-year in the first three months of 2014.
Russian Energy Minister Alexander Novak announced the switch to advance payments for gas supplies to Ukraine starting in June.
China is ready to participate in building Nigeria's infrastructure, the Chinese Premier said in Abuja on Wednesday.
On completion of the deal, OIL will be able to book 50 per cent of production and reserves from Licence 61.
Smog filled Chinese cities had forced the administration to reduce coal consumption, a major cause of pollution.
But Brazilian officials are optimistic that the World Cup, scheduled for this summer, will inject considerable revenue into the economy.
New submarines will join the Black Sea fleet, as well as new-generation surface ships, this year, said the Russian Defense Minister.
Chinese Premier Li Keqiang outlined China’s Africa policy in an address at the African Union headquarters on Monday.
Germany's economy is tied closely to Russia's and increasing sanctions are likely to hurt Europe's rebound.
Firms from both the countries will participate in construction of a $1.3 billion transport corridor to Crimea via the Black Sea’s Kerch Strait.
