The scale of the financial crisis is still unclear, but Russia must withstand such aggressive situation, Russian Finance Minister Alexei Kudrin stated. As a REGNUM correspondent reports, speaking at the Russian State Duma, Kudrin noted that none of financial experts
In 2008, the inflation growth rate will be 13% instead of 6-7% planned before, said Chairman of the Central Bank of the Russian Federation Sergey Ignatyev. As a REGNUM correspondent reports, Ignatyev also said, while speaking at the Russian State
ST. PETERSBURG, October 31 (RIA Novosti) - Russia's Admiralty Shipyard moved on Friday the new enhanced ice-class tanker Mikhail Ulyanov from a dry dock to a wet dock for the final stages of construction work. The St. Petersburg-based shipyard, Russia's
MOSCOW, October 31 (RIA Novosti) - Russia's WBA Heavyweight World Champion Nikolai Valuev may hold a bout with former U.S. heavyweight champion Evander Holyfield on December 20, Valuev's manager said on Friday. Last month Nikolai Valuev, 35, dubbed The Russian
GORKI, October 31 (RIA Novosti) - Russian President Dmitry Medvedev said on Friday he would speak about the global financial crisis in his state-of-the-nation address next Wednesday. Medvedev said the global financial system reform was a very complicated issue that
MOSCOW, October 31 (RIA Novosti) - Investigators have brought 35 charges against Lt. Gen. Alexander Bulbov, a senior Federal Drug Control Service official, a spokesman for the Investigation Committee said on Friday. The official is accused of extorting $3.2 million,
MOSCOW, October 31 (RIA Novosti) - Police in the south Russian republic of Daghestan say that a local rights activist found dead on Thursday was in fact a militant, the local interior ministry said on Friday. The Mothers of Daghestan
MAGAS, October 31 (RIA Novosti) - The legislature in the south Russian republic of Ingushetia approved on Friday a new president, following the dismissal of Murat Zyazikov as leader of the troubled region. Yunus-bek Yevkurov was backed by 16 lawmakers,
MOSCOW, 31 October (RIA Novosti) - Russia is ready to guarantee any agreement between Azerbaijan and Armenia on a settlement for the Nagorny Karabakh dispute, a Kremlin source said on Friday. The Azerbaijani and Armenian leaders are due in Moscow
IRKUTSK, October 31 (RIA Novosti) - The Baikal Pulp and Paper Plant, which halted production in early October, will cut 60% of its staff and could completely close, a source in the company said on Friday. The plant, which originally
ST. PETERSBURG, October 30 (RIA Novosti) - The first Russian Project 22350 frigate being built at a shipyard in St. Petersburg will be launched in 2011, a Russian deputy prime minister said on Thursday. (Russian Navy modernized - Image gallery)
MOSCOW, October 30 (RIA Novosti) - Russian President Dmitry Medvedev dismissed on Thursday Murat Zyazikov as president of the North Caucasus republic of Ingushetia, the Kremlin's press service said. Yunus Bek Yevkurov, deputy head of the Volga-Ural Military District headquarters,
ASTANA, October 30 (RIA Novosti) - Prime Minister Vladimir Putin said on Thursday that the Shanghai Cooperation Organization, comprising Russia, China, and four Central Asian states, must serve the interests of both its smaller and larger members. Putin is currently
MOSCOW, October 30 (RIA Novosti) - Russia is greatly concerned by the recent surge in violence in the Democratic Republic of Congo, the Foreign Ministry said on Thursday. Eastern Congo has seen four days of fighting between Congolese rebel leader
MOSCOW, October 30 (RIA Novosti) - The prosecution in the trial of former banker Alexei Frenkel, found guilty this week of organizing the murder of a top banking regulator, demanded on Thursday that he serve a life sentence. Central Bank
THE HAGUE, October 30 (RIA Novosti) - Russian energy giant Gazprom will meet all its contractual obligations to supply Europe with gas despite difficulties caused by the global crisis, the Russian foreign minister said Thursday. Sergei Lavrov was responding to
MOSCOW, October 30 (RIA Novosti) - Russia's anti-monopoly watchdog said on Thursday that oil companies Rosneft and LUKoil had abused their dominant positions on the oil market. "Rosneft fixed and maintained high monopoly-like prices for gasoline, diesel fuel, air fuel
MOSCOW, October 30 (RIA Novosti) - Trade between Russia and Australia will grow 30%, year-on-year, in 2008, reaching around $1 billion, Russian Agriculture Minister Alexei Gordeyev said on Thursday. "We project that trade will climb to just less than $1
THE HAGUE, October 30 (RIA Novosti) - Russia will soon respond to Dutch evidence alleging that a TV cameraman was killed by a Russian cluster bomb during the August war over South Ossetia, the Russian foreign minister said on Thursday.
