European stocks have dropped Tuesday, amid mounting concerns about the possibility of a Greek default, after euro-zone finance ministers delayed a decision on the country's next batch of bailout loans.

London stock index was down 2.63%, in Frankfurt and in Paris indexes dropped 3.13 % and 3.31 % respectively.

On Tuesday, Asian stock markets also...

Yury Rogulev, director of the Franklin Roosevelt Center for U.S. Studies at Moscow State University:

The situation looks very bad right now, I mean the political situation in Washington. What we have witnessed during the last month is inability of political representatives to reach a compromise.

It took them too long to reach an agreement and the...

Russia’s Emergency Ministry together with the International civil defense organization is to supply 3,000 tons of wheat to Afghanistan. Now the customs procedures are under way.

According to experts with UN’s World Food Program, Russia is one of the most active participants in food security projects.

Previously, Russia provided food aid to...

Turkish police have arrested 80 people suspected of links with separatists of the Kurdish labor party (KLP).

According to local mass media, the operation was conducted as part of the investigation into the case of the Union of Communities of Kurdistan (city wing of KLP) 

The conflict between KLP and official Ankara has been on for more than 25 years...

Russia’s David Airapetyan has made it into the quarterfinals of the World Boxing Championship now under way in Baku, Azerbaijan, by defeating  Łukasz Maszczyk of Poland 24:7, in the up to 49 kg category and winning his team’s first ticket to the 2012 London Olympics.

In Wednesday’s quarterfinals Airapetyan will be taking on Spain’s Jose de la Nie...

Delayed Greek decision will affect commodity markets, but isn´t expected to damage Russian budget

A delay on the decision for the next tranche of bailout funds for Greece will certainly make commodity markets volatile but is not expected to affect Russia’s budget.

According to Jean-Claude Juncker, President of the Euro Group, talking at...

With US automotive giant, Ford, planning to triple Russian production to 300 hundred thousand cars annually, Business RT spoke with Ford CEO Alan Mullaly about the short term outlook for the market and the company’s long term plans.

With Coca Cola planning to invest more than $3 billion in Russia over the coming 5 years, Business RT spoke with Coca-Cola CEO Muhtar Kent about how Russia figures in the company’s outlook, and what Coke is doing to capitalize.