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Pendulum of intellectual fashion swings over the death penalty
Thursday, 22 September 2011 13:13

Troy Davis's execution caused a greater outcry than usual in the US. But would justice have been better served by commutation?

I was at a Scouts camp in Cornwall one brisk spring morning in 1960 when we heard that Caryl Chessman, a Californian robber and rapist, had finally been executed in the gas chamber at San Quentin jail after 12 years on...

Uralkali yields profit, promises half to shareholders
Thursday, 22 September 2011 12:12

Russia’s leading global fertilizer producer, Uralkali has posted a 1H 2011 net profit of $794 million under IFRS including financial position and the results of operations of Silvinit Group acquired on May 17, 2011.

The bottom line compares with 1H 2010 net profit of $452 billion, with Adjusted EBITDA rising to $1.053 billion from $662 million year...

David Cameron to urge world leaders to protect civilians
Thursday, 22 September 2011 01:04

Prime minister will use his speech at the United Nations to ask international community to act against repressive regimes

David Cameron will issue a plea on Thursday to world leaders to be prepared to intervene again when civilians are massacred by repressive regimes as he warns that the UN is in danger of losing its nerve after the campaign in...

Norilsk Nickel to buyback through subsidary
Wednesday, 21 September 2011 15:30

The board of directors of MMC Norilsk Nickel at a Wednesday extraordinary meeting has voted for the Norilsk Nickel Investments Ltd to buyback MMC shares and ADR from shareholders, the company said in a statement.

­The preliminary voting among the board of directors at Norilsk Nickel took place on September 13, proposing MMC Norilsk Nickel ...

Buy a car on World Carfree Day and be happy
Wednesday, 21 September 2011 15:20
The World Carfree Day is celebrated on September 22. Why do people have to refuse from the zone of comfort which they can enjoy in their own cars? Are there any other reasons that can make people say no to their cars? Cars pollute the air, and car accidents claim thousands and thousands of lives. So what? Every medal has two sides...
The Queen of the rhythmic gymnastics Evgenia Kanaeva confirmed her status
Wednesday, 21 September 2011 14:21

The Rugby World Cup is taking place in Zealand . Team Russia are participating for the first time in history and have already played 2 group matches against the United States and Italy, which they both lost unfortunately.

Russia will play another 2 matches at the world cup in New Zealand against their other group opponents Ireland and Australia.

We g...

The World of Drone Warcraft
Wednesday, 21 September 2011 14:20

U.S. officials have disclosed plans for further deployment of its drone planes in East Africa. A base on the Seychelles for Reaper fin manned aerial vehicles existed from September 2009 to spring 2011. Now, the U.S. has decided to reopen it. Another one is to be established in Ethiopia in addition to the existing one in Djibouti.

The need for...

Gold prices drive Highland Gold profits up
Wednesday, 21 September 2011 12:02

Highland Gold posts 1H 2011 net profit of $70.3 million

Highland Gold, the London listed Russian focused gold miner, has posted a 1H 2011 net profit of $70.3 million under IFRS.

The bottom line was up from the 1H 2010 net result of $23.3 million, with EBITDA increasing year on year to $88.1 million from $46.7 million posted for the same...

Sberbank secures JP Morgan loan to facilitate export trade
Wednesday, 21 September 2011 12:00

Stand of Sberbank of Russia at the 10th International Investment Forum "Sochi -2011." (RIA Novosti/Konstantin Chalabov)

JP Morgan will provide a five-year, $100-million trade finance loan to Sberbank to facilitate pre-export finance for a client in the oil and gas sector in Russia, the Russian bank said in a statement.

­Jeremy Shaw, head of JP ...

China eyes oil refinery construction in Russia
Wednesday, 21 September 2011 11:31

worker walking by at an oil refinery of China's Sinopec, in Wuhan, central China's Hubei province. (China Out / AFP Photo)

China's Sinopec and Rosneft could co-operate on the construction of a new oil refinery in Udmurtia on the basis of their joint venture, Sinopec President Wang Tianpu told journalists during his visit of the region on Tuesday.


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