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Russia Modernises its Naval Forces with Help of France
05:33 09.02.2010 | Economics
The Year of France in Russia and Russia in France seem to reflect positive in business sphere of both countries.
Russia and Turkey Go on Cooperating on Gas Issue
13:29 14.01.2010 | Economics
Prime Minister Vladimir Putin on Wednesday said Russia had won Turkey's backing for Moscow to build a key section of a new gas pipeline seen as a rival of an EU-backed project in Turkish waters.
French Renault Contributes to Russian AvtoVAZ
09:30 28.11.2009 | Economics
French carmaker Renault on Friday stepped in to help struggling Russian partner AvtoVAZ survive until its crisis-hit market recovers.
Russia Values Singapore Highly as Economic Partner
03:38 16.11.2009 | Economics
President Dmitry Medvedev Monday made the first ever official visit by a Russian leader to Singapore to promote stronger ties with the high-tech island as he seeks to modernize Russia's economy.
Swiss bank UBS cancels business with Iran, Syria
06:18 22.01.2006 | Economics
Swiss banking giant UBS AG said Sunday it has stopped doing business with Iran because of the company's economic and risk analysis of the situation in the country.
Raid shakes Japan market
05:58 17.01.2006 | Economics
A raid by prosecutors on Internet company Livedoor Co. on suspected securities violations rattled Japan's stock market Tuesday, sending the benchmark index down nearly 3 percent. The overnight search on the Tokyo startup company spooked investors who rushed to dump Livedoor shares and other Internet-related issues, including Softbank Corp., Rakuten...
Kazakhstan's national oil company KazMunaiGaz profits up by a third in 2005
04:13 16.01.2006 | Economics
Kazakhstan's national oil company KazMunaiGaz said Monday that its profits in 2005 increased by a third. KazMunaiGaz produced 9.3 million tons (10.2 million short tons, 65 million barrels) of oil last year and earned 640.7 billion tenge, about US$4.7 billion (Ђ3.8 billion), 31.4 percent more than in 2004, the company said in a statement.

Breaking news

World

USA prepares open intervention in Mexico?
USA prepares open intervention in Mexico?
China tests its second 5th-generation stolen stealth fighter
China tests its second 5th-generation stolen stealth fighter
Is this the end?
Is this the end?
World s oldest democracy turns into dictatorship
World's oldest democracy turns into dictatorship
Euro Elections: We don t want your European Union
Euro Elections: We don't want your European Union
Chinese ship on long ocean expedition
Chinese ship on long ocean expedition
Singapore money become plastic
09:59 22.12.2005 | Economics
The Monetary Authority of Singapore (MAS), the central bank, said that two-dollar polymer, or plastic, notes will be issued starting from January 12. Positive feedback about the 10-dollar note led the MAS to also introduce the two dollar purple-coloured denomination in plastic form
Gas may be cut off if Ukraine insists
10:56 13.12.2005 | Economics
The chief of Russian state-run natural gas giant Gazprom said that gas supplies to Ukraine would be cut off if no new contract deal is reached by Jan. 1. Gazprom CEO Alexei Miller's threat, reported by RIA-Novosti, comes amid an increasingly bitter dispute between Kiev and Moscow over natural gas prices and supplies
Saudi Arabia already in WTO
09:45 12.12.2005 | Economics
Saudi Arabia has formally joined the World Trade Organization (WTO), becoming its 149th member just two days ahead of a key WTO summit in Hong Kong. The kingdom was admitted by the WTO's member governments on 11 November following 12 years of intense negotiations. The formal accession was timed to allow the country to take part in the WTO...
UK's Budget affects Bulgaria and Romania
09:33 12.12.2005 | Economics
The European Union cannot accommodate Bulgaria and Romania if Britain's latest proposal for EU 2007-2013 budget is approved at the December 15-16 summit, Jose Manuel Barroso, the European Commission president has warned. Barroso told that the 10 new member states in the EU resented the budget proposed by Blair, and the budget would not be large...
Britain's budget proposal: no way
10:34 08.12.2005 | Economics
The majority of EU foreign ministers have denounced Britain's proposals for a long-term budget, claiming it is selfish and unfair. Meeting in Brussels, the ministers criticized the budget offered by British Foreign Secretary Jack Straw, which calls for a cut of $16.8 billion from proposed funding for Eastern Europe while allowing the annual British...
Gazprom says Russia, Ukraine fail to strike gas deal
14:32 06.12.2005 | Economics
Russia and Ukraine failed to strike a deal on the price of Russian gas during negotiations in Moscow, the Russian natural gas monopoly Gazprom said Tuesday. In a face-off that could threaten gas supplies to Europe, Russia has asked Ukraine from 2006 to pay a European rate of US$160 per thousand cubic meters of Russian gas, rather than the current...
Australian central bank board member resigns amid furor over tax dealings
22:57 01.12.2005 | Economics
Businessman Robert Gerard has resigned from the board of Australia's central bank over a political furor involving his company's tax dealings, according to a statement released by his lawyer Friday.
U.S. trade envoy says progress on trade deal still possible at WTO summit
19:51 01.12.2005 | Economics
America's top trade envoy says it's unlikely negotiators will settle a deadlock centering on farm subsidies at a crucial world trade summit this month. But U.S. Trade Representative Rob Portman thinks it's still possible to make progress toward an overall trade deal at the gathering of 148 World Trade Organization countries in Hong Kong on Dec...

Latest articles

U.N. may face financial crisis
11:09 30.11.2005 | Economics
The United Nations could be forced to delay staff salaries or cut back some operations if a dispute over reform keeps member states from adopting a 2006-2007 budget by Dec. 31. The threat of a budget crisis arose last week when U.S. Ambassador John Bolton said the U.N. should consider adopting an interim budget
Orlando Sentinel reduces staff by 50
21:25 29.11.2005 | Economics
The Orlando Sentinel is eliminating about 50 positions through layoffs and leaving open jobs unfilled as a cost-cutting measure, the newspaper's publisher said in a memo to workers.
French president doubts Blair's abilities
09:28 29.11.2005 | Economics
President Jacques Chirac expressed doubt on Britain's plan to resolve the crisis over the European Union budget, saying Tony Blair was "isolated" in Europe. In private, Mr Chirac is scathing about Mr Blair's ability to pull off a deal, citing the Prime Minister's tensions with Gordon Brown
Warm U.S. East Coast weather pushes crude futures down to near US$57 a barrel
23:33 28.11.2005 | Economics
Crude oil futures fell Tuesday as unseasonably mild weather along the U.S. East Coast spurred hopes that this year's Northern Hemisphere winter could be warmer than expected, weakening demand for heating fuel.
British PM warns against high gas prices
11:36 23.11.2005 | Economics
British industry could be affected by high gas prices this winter, the government confirmed Wednesday, but insisted there was no shortage of energy supply. Britain has been forced to import more gas from France and Germany as its own North Sea gas production continues to decline. Blair's government has blamed the current high energy prices on...
Who will own the nuclear cruiser "Admiral Ushakov"?
00:11 23.11.2005 | Economics
The idea of this paper has appeared during the international conference concerning the destiny of the nuclear-powered cruiser "Admiral Ushakov" which took place in Severodvinsk this year.
Crude oil tops $58 as winter storm approaches U.S. Northeast
14:35 22.11.2005 | Economics
Oil prices neared $59 a barrel Tuesday as the early arrival of a winter storm in the Northeast boosted expectations for increased heating oil demand over the next few weeks. Crude futures saw a second day of gains after sliding to five-month lows last week, though prices are still about 20 percent above year-ago levels. A barrel of light, sweet...
Who will own the russian nuclear cruiser "Admiral Ushakov"?
11:59 13.11.2005 | Economics
The idea of this paper has appeared during the international conference concerning the destiny of the nuclear-powered cruiser "Admiral Ushakov" which took place in Severodvinsk this year. Among the participants there were both representatives of the countries, assisting Russia in ecological programs, and the local experts. The problem has appeared...
Inflation surges 411 percent in Zimbabwe economy
04:54 11.11.2005 | Economics
Inflation in the crumbling Zimbabwe economy surged to 411 percent in October, one of the highest rates in the world, the government's Central Statistical Office said Friday. The office said a fall in the value of Zimbabwe's currency was the main reason for the increase from 359.8 percent in September. The Central Bank devalued the Zimbabwe dollar...
Indian Submarine SINDUGOSH Left ZVEZDOCHKA shipyard (Russian North) And Bound For Home - 9 November, 2005
00:34 09.11.2005 | Economics
Severodvinsk shipyard «ZVEZDOCHKA» (Arkhangelsk region) made its farewell to the repaired and updated Indian submarine SINDUGOSH. Three years required to the enterprise and its Indian associates for the submarine revival. The 15-years old boat bound for home base via three oceans.
China encourages use of fuel-efficient cars
05:29 08.11.2005 | Economics
China prepares to release a new policy encouraging development of fuel-efficient, compact cars, in a shift of strategy for a market that until recently was dominated by gas-guzzling sedans. China is planning to raise taxes on large engine vehicles as part of efforts to counter surging fuel prices
World demand for oil, gas may rise 50 percent by 2030
10:01 07.11.2005 | Economics
Global energy needs will surge 50 percent by 2030 and prices will rise if capacity is not significantly increased, the International Energy Agency told Monday in its 2005 World Energy Outlook. There are sufficient oil and natural gas reserves to meet those needs, particularly in North Africa and the Middle East
U.S. President George W. Bush leaves rocky summit with not much lost, little gained
17:31 05.11.2005 | Economics
U.S. President George W. Bush left the Summit of the Americas Saturday with no more than he expected: a cold shoulder from some Latin American leaders, no consensus on a free trading bloc for the hemisphere and biting criticism from anti-U.S. protesters and Venezuela's leftist President Hugo Chavez.
Argentina: Negotiations on free trade drag on at Americas summit as Bush leaves for Brazil
15:17 05.11.2005 | Economics
Negotiations on whether to revitalize talks on a hemispheric free trade zone dragged on for hours past a deadline Saturday, and a top negotiator said the 34 nations participating in the Americas Summit were still deeply divided over the issue.
Toyota quarterly profits gain
03:00 04.11.2005 | Economics
Toyota Motor Corp.'s profit rose 2 percent in the July-September quarter, lifted by sales around the world - in sharp contrast with the dismal results at U.S. counterparts General Motors and Ford.
Businessmen say New Delhi blasts will not harm Indian economy
08:16 31.10.2005 | Economics
Indian business leaders and foreign investors said Monday that weekend blasts in New Delhi that killed 59 people would have little impact on India's surging economy and appeared unlikely to scare off investment. India's stock markets rose sharply Monday, despite the attacks. The 30-share benchmark index of the Bombay Stock Exchange, or Sensex, rose...
Oil prices are believed to be biggest threat to economy
05:13 31.10.2005 | Economics
High oil prices are the biggest threat to South Korea's economy and have already hurt growth this year. In the meanwhile economic growth in resource-poor South Korea, which imports almost all of its crude oil, accelerated in the third quarter on rising domestic consumption and robust exports
Spain’s princess Letizia becomes mother
03:01 31.10.2005 | World
Spain's Crown Princess Letizia early Monday gave birth to her first child, a girl who becomes second in line to the throne after her father Crown Prince Felipe and may some day become the future queen of Spain
Indian passenger train derails: At least 111 people die
02:51 31.10.2005 | World
At least 111 people died and 92 others were injured after an Indian passenger train derailed as it attempted to cross tracks washed away by a flood, officials say. The updated death roll was released on Sunday by a railways spokesman. The train derailed early Saturday in India's southern Andhra Pradesh state near the town of Valigonda, as it...
Chinese president Hu Jintao visits Vietnam to discuss economic ties
02:35 31.10.2005 | World
Chinese President Hu Jintao is visiting Vietnam this week in an effort to expand already booming trade ties between the two communist neighbors as Vietnam looks to China as a model for its economic development
Oil prices recover slightly after previous day's fall
04:30 27.10.2005 | World
Oil futures rose Thursday as the market recovered from the previous day's fall of more than US$1 a barrel on news that U.S. crude oil and gasoline stocks rose last week
Japan court convicts railroad billionaire
02:40 27.10.2005 | Economics
A Japanese court convicted resort and railroad tycoon Yoshiaki Tsutsumi of insider trading and falsifying company records, slapping him with a fine of €35,823 and a suspended prison sentence. Tsutsumi, once ranked the world's richest man by Forbes magazine, had pleaded guilty to conspiring with several executives to falsify Seibu Railway's 2003...
Japan in no hurry to lift ban on U.S. beef imports
01:10 27.10.2005 | World
A U.S. Senate proposal to impose tariffs on Japanese products should not influence Tokyo's decision on whether to ease its ban on American beef, imposed due to mad cow disease fears, a top government official said Thursday
OfficeMax claims 3Q loss
08:26 26.10.2005 | Economics
OfficeMax Inc., the United States' third biggest office supplies retailer, on Wednesday reported a fiscal third-quarter net loss, reversing a profit in the year-ago period, weighed down by sluggish retail sales and lost revenue from the company's paper and forest products businesses, which it sold last year
Ukraine's PM visits Turkmenistan for talks on natural gas supplies
03:25 26.10.2005 | Politics
Ukraine's prime minister headed to Turkmenistan on Wednesday to try to persuade a long-term deal signing on natural gas exports
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Opinion

Hitler s Generals and American Politicians
Hitler's Generals and American Politicians
Jimmy Carter - Mass Murderer
Jimmy Carter - Mass Murderer
Americans renounce US citizenship to pursue destiny in Russia
Americans renounce US citizenship to pursue destiny in Russia
UNO: The sick man of the world community
UNO: The sick man of the world community
Greece: Show us how it s done!
Greece: Show us how it's done!
Mr. President or Mr. Popular?
Mr. President or Mr. Popular?

Science

Mediterranean prepares for Tsunami
Mediterranean prepares for Tsunami
Real evolution vs. popular evolutionary faith
Real evolution vs. popular evolutionary faith
Biodiversity: The alarm bells are ringing
Biodiversity: The alarm bells are ringing
Can Star Trek spaceships be real?
Can Star Trek spaceships be real?
The Russian microelectronics industry and national security
The Russian microelectronics industry and national security
Aliens are unlikely to resemble Earthlings
Aliens are unlikely to resemble Earthlings

Incidents

Secret prisons in the USA: A current controversy
Secret prisons in the USA: A current controversy
New global armed conflict may start any moment
New global armed conflict may start any moment
Terrorism made in USA
Terrorism made in USA
Afghan drugs and Western role
Afghan drugs and Western role
India and Iran strengthen ties
India and Iran strengthen ties
Bahrain to get US weapons
Bahrain to get US weapons

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