Ka-32 helicopters to resurrect in China
Wednesday, 26 September 2012 12:54
Beijing will begin the production of Russian multipurpose Ka-32 helicopters, Chinese media say. This aircraft has long been a pride of the national aviation industry. It is often used for solve specific problems under extreme conditions. Spokespeople for the Russian Helicopters confirmed the fact of negotiations with China on the subject...
 
Pork and bacon shortage 'unavoidable' as record drought raises feed costs
Tuesday, 25 September 2012 19:07

Farmers unable to afford soaring feed costs are cutting back on production and slaughtering pigs across Europe and the US

Record droughts in the US and Russia are threatening to curtail the world's bacon supply, farmers in the US and Europe are warning.

So dire is the situation that a world shortage of pork and bacon is "unavoidable" next year,...

 
Russia tries to catch up with USA's level of hypersonic weapons
Tuesday, 25 September 2012 17:11
Russia is inferior to America in the field of the development of hypersonic technologies. The Pentagon generously spends money on the program of the development of hypersonic aircraft - about $2 billion during the past decade. Soviet engineers could achieve success and total superiority in the field over the potential enemy, the United States...
 
Russia plans IPO of the largest oil shipper
Tuesday, 25 September 2012 11:34
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The oil tanker Troitsky Bridge in St. Petersburg for Sovkomflot shipping company. (RIA Novosti/Igor Mikhalev)

The Russian Government has announced plans to sell as much as 25% minus one share of the country’s largest shipping company Sovcomflot provided it receives a suitable offer.

“If there is a company in Singapore, which is interested in a deal l...

 
SocGen eyes Russia to offset Eurozone slump
Tuesday, 25 September 2012 11:34
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The headquarters of French bank Societe Generale. (Reuters/Benoit Tessier)

Societe General, France´s second largest bank, is set to increase its profits from retail businesses in Russia and Romania. This way the lender is seeking to offset the recent downturn, according to the Financial Times.

Net profit of Societe General Group went down 29.9% year...

 
Market Buzz: Germany falters, global markets eye Spain and Greece
Tuesday, 25 September 2012 07:41

Investors worldwide are losing their appetite for risk, with uncertainty and indecision reigning in Europe. The region’s strongest economy, Germany, is also suffering headwinds, according to a Monday report.

This week, global markets will focus their attention on Greece and Spain, Andrey Shenk of Investcafe believes. “Greece will manifest a plan of ...

 
Megafon files to buy 50% of retailer Euroset
Monday, 24 September 2012 17:25

Russia’s second largest mobile phone operator Megafon has applied to the country’s anti-monopoly watchdog to acquire the consumer electronics retailer Euroset.

The detail of the application has been kept secret as the Federal Antimonopoly Service (FAS) has described the deal as ‘complicated in nature’.

If the deal goes ahead, Megafon and its main...

 
General who deployed troops in Moscow in 1991 dies
Monday, 24 September 2012 11:39
The cause of death of Russia's former Defense Minister Pavel Grachev, who died on Sept. 23, still remains a mystery. In 1991, Grachev participated in the August coup. He executed the order of the Emergency Committee to deploy troops to Moscow. Grachev was repeatedly blamed for the collapse of the army and for the mess during the first Chechen war...
 
Russia to liberate the world from US occupation
Friday, 21 September 2012 14:36
Everyone still plays by American rules, but the countries already demonstrate their independence in economic policy. Hillary Clinton was very angry when she came from China, where several Chinese leaders - especially those who are to become top officials of China next year - did not even want to meet her. The US was refused - the world is changing...
 
US hits back at Kremlin over aid agency closure
Friday, 21 September 2012 12:44

Vladimir Putin's party took part in US-funded activities, says state department as row deepens over expulsion of USAid

The US has hit back at the Kremlin following the closure of its aid agency in Moscow for attempting to influence the country's politics, by pointing out that the ruling United Russia party participated in US-funded activities.

The...

 
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