Russia, Singapore create JV to grab Sheremetyevo
Monday, 31 October 2011 13:05
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Search resultsBaggage claim zone at Sheremetyevo airportBaggage claim zone at Sheremetyevo airport. (RIA Novosti/Ruslan Krivobok)

BasEl Group, Sberbank Investment and Changi Airports International signed an agreement on Monday to create a joint venture for airport services.

­The JV will include a contribution of $120 million from Russian Sberbank ...

 
Winter time causes the Rise of the Machines in Russia
Monday, 31 October 2011 13:02
The notorious Y2K problem did not cause any problems as the world was celebrating the beginning of the new millennium. A similar problem occurred on October 30 2011 in Russia. The problem turned into the rise of the machines as they simultaneously switched to winter time in spite of the fact that Russia currently lives in summer time only...
 
Russia could shoot $10 billion into sluggish Europe
Monday, 31 October 2011 12:35
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Russia may allocate about $10 billion to help European debtors out of the crisis

Moscow could allocate as much as $10 billion through the IMF to help indebted European countries, says presidential aide Arkady Dvorkovich.

Though European debtors haven’t yet officially applied for financial assistance from Russia, Dvorkovich says if they f...

 
Building the Revolution: Soviet Art and Architecture 1915-1935 – review
Sunday, 30 October 2011 01:04

Royal Academy, London

In the courtyard of the Royal Academy stands a spiral tower, dynamic and asymmetric, telescoping out of itself like a cannon in the moment before recoil, with a diagonal line thrusting from top to bottom. Close inspection reveals tiny human figures added to give it scale: this is a 1:40 model of something which, if built,...

 
Bolshoi gala: a night in true Russian style, minus Putin
Saturday, 29 October 2011 01:54

Supermodels, politicans and ballerinas assemble to celebrate the reopening of the Moscow theatre's doors

Right from an opening extravaganza of workers in hard hats toiling away to the tune of a drill, on through to a penultimate act featuring a horse and donkey, the entertainment was a gala evening managing to combine the Bolshoi's long history of...

 
Russian ministry threatens Luzhkov over questioning non-show
Friday, 28 October 2011 23:39

Former Moscow mayor protests innocence and claims bank fraud case is political payback

Russia's interior ministry has threatened former Moscow mayor Yuri Luzhkov with reprisals if he fails to show up for questioning on an alleged $500m (£310m) bank fraud. Friday's warning to Luzhkov, who lost his job a year ago after 18 years, follows his stinging ...

 
MI5 inquiry into Russian 'spy' was 'Inspector Clouseau not George Smiley'
Friday, 28 October 2011 21:51

Lawyer for Katia Zatuliveter, the former lover of MP Mike Hancock, tells Siac hearing Home Office case was 'amateurish'

MI5's investigation into an alleged Russian spy who had an affair with an MP was "more akin to Inspector Clouseau than George Smiley", a tribunal was told.

Lawyers for Katia Zatuliveter, 26, the former lover of and researcher for...

 
CB leaves rates unchanged
Friday, 28 October 2011 17:18
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CB leaves the refinancing rate at 8.25%

The Central Bank of Russia has decided to leave the refinancing rate as is, at 8.25%, saying inflation is now under control.

The CBR says inflation in annual terms has continued to slow, and stands at 6.9% as of October 24, downfrom 7.2% in September. Falling prices for some products and services have been the...

 
MTS wi-fi goes underground
Friday, 28 October 2011 16:31
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MTS wi-fi goes underground

Russian mobile phone operator, MTS, is looking forward to expanding wi-fi coverage at several Moscow metro stations, in foyers and passageways, and along the escalators, Pavel Roitberg, Director of Product Development at MTS, told TimeOut magazine.

­“Currently we ensure prepaid wi-fi connection at several s...

 
Russia's new ICBM about to materialize
Friday, 28 October 2011 16:26
Russia conducted a successful launch of Bulava intercontinental ballistic missile on Friday morning. It was the third launch of the new ICBM this year. Two more launches are required to pass Bulava into service. The two launches need to be successful to let this happen. The tests of the Bulava missile continue for seven years already...
 
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