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Tuesday, 29 November 2011 10:45 |
CBR left the refinancing rate at 8.25% Managable inflation or quicker economic growth? Trying to find a solution to the dilemma the Central Bank of Russia (CBR) chose to stay on the safe side and kept its key interest rate unchanged for the coming December– at 8.25%. Economic turbulence and uncertainty in both domestic and foreign markets, where... |
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Monday, 28 November 2011 11:10 |
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The new radar station in the Kaliningrad enclave will be ready to monitor missile launches from the entire European continent already on Tuesday, Nov. 29. The new station plays a significant role in the complex of measures, which Russia takes in response to the growing power of the US missile defense system... |
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Sunday, 27 November 2011 16:35 |
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Echoes of Soviet era as Russian PM formally accepts nomination to run for president in front of chanting supporters Chants rang out around Luzhniki stadium in Moscow: "Putin! Putin! Putin!", which gave way to "The people! Medvedev! Putin!" and then "Russia! Russia! Russia!" Delegates from the ruling United Russia party dutifully applauded while... |
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Saturday, 26 November 2011 11:00 |
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If St Petersburg gets its way, the state-sanctioned hatred of LGBT people could spread across eastern Europe In November 2011 St Petersburg shocked the world. The legislative assembly approved, in its first reading, a bill which outlawed the promotion of homosexuality, transsexuality and paedophilia to minors. The passage of the bill provoked a... |
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Saturday, 26 November 2011 00:52 |
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Israel, Russia and China along with America wanted to approve use of 'bomblets' that often unintentionally maim and kill civilians A coalition of countries including Britain on Friday defeated an attempt by the US, Russia, China and Israel to get an international agreement approving the continued use of cluster bombs. The weapons, which have been... |
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Friday, 25 November 2011 15:13 |
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Russian president tried to avoid dance but was coerced into dancing arm-in-arm with a young ballerina They have visited soldiers and farmers, factories and villages in their neverending quest for votes as Russia's elections near. Now the country's ruling duo has begun to target that most fickle of demographic – the music fan. President Dmitry... |
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Friday, 25 November 2011 12:08 |
Yelizovo international airport in Petropavlovsk-Kamchatsky. (RIA Novosti/Alexandr Piragis) Russia’s leading air carrier Aeroflot is going for a market maneuver – intentionally lowering its income next year to boost performance in the long run. It plans to expand its flight network to 17 new locations, and increase flight frequency by 24%. The Board... |
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Friday, 25 November 2011 11:43 |
Stan-5000 complex at Magnitogorsk Iron and Steel Works (RIA Novosti/Andrey Serebryakov) Russian steelmaker MMK is taking over Australia’s Flinders Mines for $537m (AUD$554m). The price represents a 92.5% premium over the current market value. The deal will make the steelmaker self sufficient in ore supplies. “With this transaction, MMK will gain a... |
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Friday, 25 November 2011 10:43 |
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The Americans believe today that it's ok for the Russians to pull out from the START Treaty. The Americans are not losing anything from it, whereas the Russian are not gaining anything either. Unfortunately, the Americans are perfectly aware of the fact that the Russian defense complex has been declining... |
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Friday, 25 November 2011 08:47 |
Belarus is looking for a 50% discount on the price it pays for Russian gas. Minsk wants to sign a new agreement with Gazprom for the supply and transit of gas which would cost the country just $150 per thousand cubic metres. Belarus President Aleksandr Lukashenko will meet Russia’s Dmitry Medvedev on Friday and the gas deal is likely to be on th... |
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