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Thursday, January 05, 2006

Gas Impasse Resolved, Yu May Kiss the Bride

Do you believe in market-based miracles? It's about time. You pay $95, she gets $230. What remains to be seen, though, is how long the honeymoon will last. Hopefully, the Kremlin's gas injection will spur Ukraine to waste no time in modernizing its energy guzzling industry. In the meantime, diversification is back on the table in the EU, a burning issue propelled by the "energy empire's" evil conduct.

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