Transactions with real estate will be fully taken out of the antimonopoly control, announced today Igor Artemyev, the head of the Russian Federal Antimonopoly Service (FAS). According to Igor Artemyev, an amendment on it is already submitted by the Federal

Investment bankers forecast decrease of prices for the Russian real estate. Mass housing can become cheaper on average throughout Russia by 10-15% within 12 months, it is said in a report of Troyka Dialog Investment Company: "The price decrease will

MOSCOW, October 17 (RIA Novosti) - Russia's lower house of parliament urged the world community on Friday to denounce Washington's economic blockade of Cuba and called for aid to be given to the island, which has been badly hit by

MOSCOW, October 17 (RIA Novosti) - A Russian man who threatened to blow up a plane flying from Turkey to Russia on October 15 was arrested on Friday, prosecutors in Russia's St. Petersburg said. Initial reports said that the Turkish

KIEV, October 17 (RIA Novosti) - Ukrainian President Viktor Yushchenko has presented boxer Vitali Klitschko with a state award recognizing his services to Ukraine, the presidential press service said on Friday. "Vitali Klitschko has been presented with the award for

ORENBURG, October 17 (RIA Novosti) - A total of 48 teenagers and one teacher at a school in the Orenburg Region, in Russia's Urals, have been hospitalized with suspected food poisoning, local investigators said on Friday. Eight of the children

MOSCOW, October 17 (RIA Novosti) - Russia's Transportation Ministry proposed on Friday granting airlines a 18-month deferment in paying customs duties and VAT on foreign aircraft and components for them. Deputy Prime Minister Sergei Ivanov said on Thursday that the

MOSCOW, October 17 (RIA Novosti) - Russia will have five weather satellites in orbit by 2013, with the first to be launched later this year, the director of the hydrometeorological center said on Friday. "In accordance with Roscosmos' [Federal Space

MOSCOW, October 17 (RIA Novosti) - Sukhoi Civil Aircraft and NPO Saturn have asked the Russian government to allocate an additional 4 billion rubles ($152 million) for the production of the Superjet 100 airliner, a Russian business daily said Friday.

Up until recently, Russia's accession to the WTO seemed to dominate its business agenda. But this is no longer the case. In lieu of the economic and political crises that presently plague the country, Russian businesses have realized that time

This year, an exceptionally voluminous grain harvest may help Russia to alleviate the pain brought about by the financial crisis, which is threatening to spread from the stock markets to banks and other spheres such as real estate and employment.

President Dmitry Medvedev has finally introduced a set of long-awaited bills on fighting corruption. At first, the public's reaction was quite benevolent: many experts did not try to conceal the fact that they expected something on a much "smaller scale."

When the Russian government defaulted on its foreign debt and the ruble was devalued in 1998, the State Duma and the Federation Council played a key role in stabilizing the situation. Today, the country faces the threat of another economic

As the American presidential election nears and the two candidates, Sen. Barack Obama and Sen. John McCain, intensify their campaigns, the debate as to whether Russians would prefer to see a democrat or a republican in the White House swirls

Just like the past conflicts, the recent war in the Caucasus produced a vast number of refugees—people who were forced to abandon their property and look for shelter in Georgia and Russia. But with the military action a thing of