Why does Russia need Iskander missile systems?
Thursday, 20 October 2011 11:57
A brigade equipped with Iskander mobile ballistic missile systems has appeared in the Russian army. The systems were deployed in the Western military district. Experts have certain doubts about the need in Iskander systems. First off, its missiles will not be able to reach US interceptor missiles in Romania and the radar station in Turkey...
 
Moscow Pensions to rise to cover inflation
Thursday, 20 October 2011 11:48
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RIA Novosti / Aleksandr Utkin

The Pension Fund of Russia says the average Moscow pension has climbed 8.89% over the first 9 months of 2011 to reach 8900 roubles per month.

­According to the PFR, the number of pensioners in the Moscow region has increased 1.5% or by 65 thousand people since April 2011.

"As of October,1 the number of retired people in...

 
Gunvor buys into Signal Peak coal mine for $400 million
Thursday, 20 October 2011 11:44
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AFP Photo / Carlos Hamann

Russian energy trader, Gunvor, has outlaid $400 million to take a 33% stake in the Signal Peak coal mine in Montana, United States.

­The move will see Gunvor join First Energy Corporation and Boich as shareholders in the mine, which is valued at about $1.5 billion, including debt.  First Energy President and Chief Executive ...

 
Surge in demand sees Inter RAO post 1H 2011 net profit of 49.8 billion roubles
Thursday, 20 October 2011 09:35
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RIA Novosti / Igor Zarembo

Russian wholesale electricity generator, Inter RAO UES, has posted a 1H 2011 net profit of 49.8 billion roubles under IFRS.

The net result has jumped from the 5.2 billion rouble net profit posted for 1H 2010, with 1H EBITDA rising 48% year on year to 24.4 billion roubles, as 1H revenues rose 23% year on year to 253.9...

 
Russian retail spending climbs to 3 year high
Thursday, 20 October 2011 08:31
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Russian retail spending climbs to 3 year high (Photo from http://www.tvoydom.ru)

Russian retail spending has climbed to a 3 year high despite the global market volatility of recent months and the spectre of the Eurozone debt crisis, with analysts saying it could remain firm through to the end of the year.

­Retail spending data released the Federal ...

 
Lib Dem MP quits Commons committee over aide's spying trial
Wednesday, 19 October 2011 21:00

Mike Hancock says he hopes to return to defence committee after trial of Katia Zatuliveter, with whom he had an affair

A Liberal Democrat MP whose former aide is accused by MI5 of spying for Russia has resigned from the Commons defence committee.

Mike Hancock, the MP for Portsmouth South, said he hoped to rejoin the committee after the deportation...

 
Kyrgyzstan to join customs union
Wednesday, 19 October 2011 16:30
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AFP Photo / Vyacheslav Oseledko

Kyrgyzstan will join Russia, Kazakhstan and Belarus in the Customs Union, with analysts stressing the need to strengthen trading ties when the global economy is shaky.

The prime ministers of the Eurasian Economic Community (EurAsEc) members-states have given the nod to Kyrgyzstan's accession to the CustomsUnion,...

 
Soyuz rocket prepares for first launch from French Guiana
Wednesday, 19 October 2011 13:59

Russian and European officials hope Soyuz will eventually be used to ferry humans into space from the new launch site

The French Guianan jungle will resonate to an unexpected noise on Thursday – the deep-throated blast of a Russian space rocket as it soars into the morning sky. The Soyuz launcher will be making its first flight outside the former...

 
Japan wins hearts and minds of Russians on Kuril Islands
Wednesday, 19 October 2011 12:59
Japan uses Russia's blunders to get closer to its goal: the country desperately wants the Kuril Islands back. Japan tries to win the hearts and minds of the residents of the disputed islands. Many Russian women from the Kurils eventually prefer to seek better lives in Japan. Many young Russians are interested in the Japanese culture and language...
 
Liberal Democrat MP's former aide denies being Russian spy
Tuesday, 18 October 2011 21:38

MI5 claims are laughable says ex-researcher Katia Zatuliveter, as appeal hears of her private life in the UK

A 26-year-old Russian woman and former Commons researcher on Tuesday strongly denied she spied for Moscow and accused MI5 of providing no evidence to support the home secretary's case that she should be deported.

During more than five hours...

 
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