President of Finland Tarja Halonen considers that cooperation on the border between Russia and Finland needs to be developed more intensively. She declared this view during her visit to old Finnish settlements on the Karelian isthmus. In her speech in Vyborg, Halonen remarked that not only official authorities, but also ordinary citizens and civic organisations should play an active role in this cooperation.
The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz
China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars