Russia drafts new Syria resolution for UN security council
Wednesday, 11 July 2012 07:45

Proposal would extend mandate of UN mission but falls short of US and European demands for sanctions against Assad regime

Russia has circulated a draft UN security council resolution that would extend the UN mission in Syria for three months but stops short of threatening the Assad regime with sanctions.

The deeply divided council must decide the...

 
Fitch affirms US’ top AAA rating
Tuesday, 10 July 2012 23:05
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Reuters/Alessandro Garofalo

Fitch Ratings has affirmed the United States’ long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘AAA’. However, the rating outlook on the long-term rating remains Negative.

The decision to leave the world’s largest economy its top credit rating is underpinned by its “highly productive, diversified and w...

 
Wikipedia shakes Russian mindset
Tuesday, 10 July 2012 19:55
Wikipedia disabled its Russian segment July 10. The action was conducted as a protest against the draft law on the "black lists" of websites. The bill is currently under consideration in the State Duma of Russia. Wikipedia's decision to close down its Russian part stirred quite a controversy among the Internet community, business and government...
 
Kremlin internet bill 'signals growing repression of critics by Putin'
Tuesday, 10 July 2012 19:49

Russian censorship law will be 'like China's great firewall', say activists, as Wikipedia site shuts for day in protest

Two months after Vladimir Putin once again assumed the post of Russian president, the long-feared crackdown on his critics appears to have begun. The internet bill due to be considered by parliament on Wednesday is, say activists,...

 
Moscow's iconic Metropol hotel up for grabs
Tuesday, 10 July 2012 16:29
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Photo from horeca.neoart.ru

The luxury downtown Metropol Hotel will go under the hammer with a starting price of $297 million. Once at the heart of the tourist mecca it will be sold by city of Moscow at auction on August 30.

The 39,000-square meter, 362-room icon opened its doors in 1901. It managed to retain its antique furniture and unique...

 
Norwegian government stops oil industry limbo
Tuesday, 10 July 2012 15:22
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Handout picture taken onboard drilling rig Aker Barents in the Barents Sea, where Norwegian oil firm Statoil has made a new oil find, Havis (Reuters/Harald Pettersen/Statoil/Scanpix)

Norway has ordered the settlement of a three week long dispute between striking oil workers and employers. The move is set to ease market fears over a halt in...

 
Russian Wikipedia in shutdown protest over internet censorship
Tuesday, 10 July 2012 13:11

Proposed law could boost government control over the internet amid a crackdown on those opposed to President Vladimir Putin

Wikipedia shut down its Russian-language page on Tuesday to protest at a bill that would boost government control over the internet amid a crackdown on those opposed to the regime of President Vladimir Putin.

Users who opened...

 
Russia: government and other national disasters | Editorial
Tuesday, 10 July 2012 00:42

Floods do not have to be political disasters. Gerhard Schröder's response when the Elbe burst its banks reversed a federal election in 2002 that he was predicted to lose

Floods do not have to be political disasters. Gerhard Schröder's response when the Elbe burst its banks reversed a federal election in 2002 that he was predicted to lose. The ...

 
Syria's deadlock can be broken only by an arms embargo | Jonathan Steele
Monday, 09 July 2012 23:00

Russia and the west must use their leverage to bring about a ceasefire and halt Syria's descent into full-scale civil war

With Syria sinking into full-scale civil war, Kofi Annan was right last week to call for an end to the "destructive competition" between security council members. Western powers' efforts to shame and blame Russia...

 
Iran wants Russia's S-300 systems through court action
Monday, 09 July 2012 14:55
Iran intends to sue Russia's Rosoboronexport to claim four billion dollars from the company for the failure of the supply of S-300 air defense systems. The lawsuit was filed over a year ago, and the Russian side explained its move with sanctions against the Islamic republic. However, defensive arms are not included on the list of prohibited...
 
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