The Ford Focus sedan was the bestseller in its segment in Russia between January and August 2013, but has not sold even half that number during the same period this year.
Photo: Vladimir Filonov / SPT
International carmakers are hopeful that Russia can become Europe's
biggest market and vindicate their decision to spend more on localizing
production in the country, company executives said on the sidelines of
the Moscow International Automobile Salon on Thursday... (Read more)

Pro-Russian
separatists walk towards a destroyed war memorial at Savur-Mohyla, a
hill east of the city of Donetsk yesterday. Photograph: Maxim
Shemetov/Reuters









French
president François: has gone from saying ‘finance is the enemy’ during
the 2012 presidential campaign to espousing supply-side economics.
Photograph: Reuters/Philippe Wojazer
Simon
Coveney: “I am firmly of the view that it is vital that Irish companies
have access to as many markets worldwide as possible.” Photograph: Eric
Luke
Billionaire
Clive Palmer accused the “communist Chinese government” of trying to
steal Australia’s natural resources. Photograph: Olivia Harris/Reuters.
German
Chancellor Angela Merkel and Economy Minister Sigmar Gabriel arrive for
a cabinet meeting at the Chancellery in Berlin. Photograph: Fabrizio
Bensch/Reuters







Rural decline: overlooking Granard, in Co Longford, a badly affected town. Photograph: Bryan O Brien
Una mujer pasa cerca de la estantería de embutidos y jamones de un supermercado de San Petersburgo.
A
member of staff of chemical group BASF standing in front of the plant
installation ‘Steamcracker II’ in Ludwigshafen, Germany. Photograph:
Ronald Wittek/EPA.
The sanctions will affect some €70m worth of exports, says Bord Bia chief executive Aidan Cotter.
Bank
of England and Royal Bank of Scotland banknotes: a yes vote in
Scotalnd’s independence referendum could have major consequences for
sterling.
The
German national flag flies beside the River Alster in Hamburg. The
German economy suffered a surprise contraction in the second quarter,
its first in more than a year. Photo: Bloomberg.