Eastern Europe News
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Eastern Europe suffered a fatal avalanche and power cuts amid snowfall and chilling temperatures as Ukraine predicted the worst of the freezing weather that’s killed hundreds in the region may have passed.
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It being the feast of Saint Valentine, today is a favored moment to give or receive that ultimate lovers’ gift: a diamond. This year, however, isn’t a good one for those who want to know for sure that the stone’s origins are above reproach.
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The ruble strengthened against the dollar, adding to last week’s gain, after Greece’s parliament approved austerity measures to secure an international bailout, easing concern over Europe’s debt crisis.
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Taiwan’s best-performing debt fund is buying Russian, Romanian and Turkish government bonds as the European Central Bank’s injection of funds into lenders helps ward off a cash crunch.

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