Even after the end of the Cold War and the rising US political and commercial hegemony, Russia is still nurturing its ambition to revive its former glory by becoming a major force to reckon with has become clear with the recent move by the...
Los Angeles based Private investment firm, Colony Capital LLC is buying 65 percent stakes of Libyan state-owned Energy Company Tamoil and Oilinvest for about $5.4 billion.
From the combined company the Libyan government will keep a 35 percent...
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