The air transport sector is enjoying an optimistic growth rate while at the same time eliciting growing concern, due to its environmental impact and its vulnerability with respect to energy security. These issues have put the sector at the forefront of the tide in achieving energy efficiency....

Russia has seen even higher oil windfall in the past few months, which translates into likely fiscal surpluses this year and next. The government should not miss the opportunity provided by a large oil windfall to substantially improve its long-term fiscal position, further reduce inflation,...