MOSCOW - While Russia has traditionally focused on arms and grain exports to Africa, it is now looking to broaden its activities and influence.
Russian-built nuclear power stations have a price advantage over Western competitors and its nuclear agency Rosatom offers, attractive financing deals to customer countries. The cost of $10 million to $20 million per plant could be prohibitive, but Rosatom says countries including Rwanda are showing "great interest" in smaller-capacity, less expensive nuclear power stations.Rich in mineral resources, Russia has significant expertise in extraction that could be deployed in other countries.
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Oil prices fall on US stocks increase, just as demand wanesUS crude inventories rose by 10.5-million barrels in the week to October 11, which may be the biggest US inventory increase since February 2017
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Oil slips amid signs of large increase in US stocksWeaker global economic data an added concern as crude inventories soar
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