Russia shows USAID the door. US insulted and humiliated
Thursday, 20 September 2012 15:38
The decision to terminate the activity of the US Agency for International Development, USAID, in Russia has expectedly caused a great deal of noise. Human rights advocates are in shock, State Department is calming them down, Senator McCain said that this was an insult to the U.S. The agency began its work In Russia in 1992. Time to say goodbye...
 
Riot of Muslims and innocence of Pussy
Wednesday, 19 September 2012 15:49
The Russian authorities recommended Internet providers should limit access to the anti-Islamic flick that drives Muslim people mad. But what about the "madness" of Orthodox believers, who, to put it mildly, were not thrilled about the "creative work" of Pussy Riot? Should the "punk-prayer" be left on video portals, or should it be banned?...
 
USAid ordered out of Moscow as Putin's protest crackdown continues
Tuesday, 18 September 2012 22:43

American agency for international development has until 1 October to shut its office in Moscow

Russia has ordered a key US agency to shut down operations as Vladimir Putin continues to crackdown on a protest movement that he maintains was orchestrated by the US state department.

The government has given the US agency for international development...

 
USAid withdraws from Russia after Moscow decision to end agency's work
Tuesday, 18 September 2012 20:04

US agency for international development to close office as analysts suspect growing hostility toward pro-democracy groups

The US agency for international development will close its office in Russia following a Russian decision to end the aid agency's work there, the US state department said on Tuesday.

Analysts said they believed the Russian...

 
Russia writes off $10bn of North Korean debt
Tuesday, 18 September 2012 19:20

Russia will 'forgive' 90% of debt and reinvest $1bn in debt-for-aid plan to develop energy, health care and educational projects

Russia has agreed to write off nearly all of the $11bn debt accrued by North Korea during Soviet times as the Kremlin seeks to boost ties with its reclusive neighbour's new leader, Kim Jong-un.

Russia will "forgive" 90% of...

 
Russian coal exports heading East
Tuesday, 18 September 2012 17:30
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Unload coal with the help of a crane at a coal field (AFP Photo/Noah Seelam)

Russia’s coal exports to Europe are facing tough times from rising US competition, even though American coal miners are losing their jobs due to the increased use of natural gas for power generation.

Russia’s Energy Ministry says it needs to face east and increase coal e...

 
Sberbank’s $5.2bln placement is twice oversubscribed
Tuesday, 18 September 2012 15:34
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The logos of Russia's Sberbank. (Reuters/Murad Sezer)

The price range for the sale of 7.6 % stake in Russia’s state-owned lender Sberbank has been pushed up at 92-94 roubles ($3.01-$3.07) per share.

­Banking sources have confirmed the new price; up from the minimum 91 roubles announced just a day earlier.

Sberbank closed the order book on the 7.6%...

 
Greece fails to meet deficit targets, while Spain considers a bailout
Tuesday, 18 September 2012 15:08
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A man walks by an economic-crisis related graffiti on a wall in Athens. (AFP photo/Louisa Gouliamaki)

As the troika examines Greek finances Athens has admitted it will slightly overshoot its deficit targets this year due to the deeper recession.

­"We will have a (primary) deficit equal to that which has been budgeted in nominal terms. As a ratio to...

 
German investor confidence rises for the first time in five months
Tuesday, 18 September 2012 14:26
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Stock brokers work at the stock exchange in Frankfurt/Main, western German. (AFP photo / Johannes Eisele)

Investor confidence in Germany's economy rose for the first time in five months after the European Central bank unveiled plans to buy government bonds to stem the sovereign debt crisis.

According to the ZEW Center for European Economic Research...

 
Which tank is best: Abrams or T-90?
Tuesday, 18 September 2012 13:09
Quite often in the modern Russian media one can encounter statements that battle tank M1A1 Abrams is the best in the world, the "crown of creation", and T-90 is obsolete and not a competitor for the US vehicle. But is this the case?Hypothetically, we can certainly have lengthy discussions and even simulate a battle between T-90 and M1A1 Abrams...
 
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