Latest St Petersburg (Russia) News
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Russia to press ahead with missile delivery to Syria
Russian Foreign Minister Sergei Lavrov straightens the headphones during a press conference in Rio de Janeiro, Brazil on June 11 (Vanderlei Almeida / AFP) Russian Foreign Minister Sergei Lavrov said Thursday that it will continue with the sale of S-300 anti-aircraft missiles to the Syrian government."We respect all our contracts and are honoring all our contractual obligations," he ...
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Sky defender Russia unveils S-300 SAM replacement
Security Russia has for the first time demonstrated the short-to-mid-range air defense platform 'Vityaz,' which will replace older variants of the S-300 system due to be scrapped soon. The army will begin testing the new hardware later this year. The new surface-to-air missile system is made by Russian weapons manufacturer Almaz-Antey. The company demonstrated the system at the ...
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Russian Security Services Hunt Culprits in Railroad CEO Hoax
railroad monopoly had been dismissed, which caused a flurry of confusion in the Russian media. On Wednesday evening, Russian news outlets received a press statement saying that Vladimir Yakunin had been dismissed as head of Russian Railways and replaced by his deputy. The press release looked like official updates sent out by the Kremlin, and news agencies published stories based on it without ...
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Russias Glonass satellite navigation system
Former executives of M2M Telematics, a subsidiary of the Russian Systema conglomerate, are under investigation over alleged embezzlement of nearly 400 million rubles ($12.3 million) from the Glonass satellite navigation system program, Kommersant daily reported on ...
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Russia says it will fulfill Syria missile system contract
Russian Foreign Minister Sergei Lavrov said his country will honour its contract to sell Syria advanced S-300 air-defence missiles. (REUTERS/Sergei ...
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Russian Finance Minister Downplays Impact Of Fed Signal
By Andrey Ostroukh ST. PETERSBURG, Russia--Russia's finance minister downplayed the impact of the likely withdrawal of the U.S. bond- buying program later this year on Russian markets, even as the ruble fell and Russian bond yields rose on the latest signal from the U.S Federal Reserve. Fed Chairman Ben Bernanke's comments could result in higher capital outflows from emerging ...
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TABLE-Russian goldfx reserves rise to $519.4 bln
MOSCOW, June 20 (Reuters) - The central bank provided the following figures for its gold and foreign exchange reserves on Thursday (in billion dollars): Latest ...
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What a joke USA to sanction Russia for human trafficking
The USA may single-handedly introduce sanctions again certain countries over the growth in the volume of human trafficking and the failure of many countries to successfully deal with the problem. Russia risks to find itself on the "black list" as well. The U.S. State Department described Russia highly negatively at this point in its latest report on modern human trafficking. Russian ...
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U.S. says Russia China among worst in human trafficking
An annual U.S. State Department report on Wednesday cited Russia and China among the world’s worst offenders in fighting forced labor and sex trafficking, which could lead to U.S. sanctions, prompting angry rebuttals from Moscow and Beijing. The report said Russia had failed to provide systematic safeguards for victims of trafficking. China, it said, had done too little to outlaw all ...
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Russias VTB seeks co-investor for Tele2
ST PETERSBURG, Russia (Reuters) - Russian state-controlled bank VTB said on Thursday it wanted to sell part of its stake in Tele2 Russia to help develop the country's fourth-largest mobile phone company, but would not consider Rostelecom as a partner.Yuri Soloviev, first deputy president of VTB's management board, said the bank would keep control of Nordic telecom company Tele2's ...
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Russian marine and air power head for Syria versus Western intervention – “to defend Russian citizens” says Moscow
June 20, 2013 Just one day after the G8 Summit ended in the failure of Western leaders to overcome Russian resistance to a resolution mandating President Bashar Assad's ouster, Moscow announced Wednesday June 19, the dispatch to Syria of two warships carrying 600 Russian marines.They were coming, said the official statement, ';to protect the Russian citizens there.'; Russian ...
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Russian government not discussing Rostelecom privatization scheme
ST. PETERSBURG, June 20 (Itar-Tass) - Russia’s government is not discussing any schemes to sell telecom major Rostelecom, Russian Minister of Communications Nikolai Nikiforov said on Thursday in the sidelines of the Petersburg International Economic Forum. "No such schemes are being discussed now," he said. According to the minister, the government is not considering the sale of ...
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Idea of Russia giving up nuclear weapons is matter of distant future
ST. PETERSBURG, June 20 (Itar-Tass) - The idea of Russia giving up nuclear weapons is a matter of a very distant future, the chairman of the international affairs committee at the Russian Federation Council, Mikhail Margelov, said on Tuesday commenting on intentions of US President Barack Obama to take further steps towards cuts in nuclear arsenals of the two countries. Margelov, who is also ...
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Russian peacekeepers on Golan Heights to ensure security of Syria Israel
ST PETERSBURG, June 20 (Itar-Tass) - Russian peacekeepers on the Golan Heights could be an excellent variant to ensure security in Syria and Israel where most Russian compatriots live there, Foreign Minister Sergei Lavrov said on Thursday. "The deployment of Russian peacekeepers on the Golan Heights will depend on the readiness of the Syrian government and Israel," the minister said. ...
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West not sure it can bring Syria rebels to peace meet Russia
United States proposed putting together a peace conference in a bid to try to find an end to the civil war in Syria but the date for the talks has repeatedly been pushed back. At ...
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IT Company Probed Over Russian Sat-Nav Embezzlement - Report
MOSCOW, June 20 (RAPSI) – Former executives of M2M Telematics, a subsidiary of the Russian Systema conglomerate, are under investigation over alleged embezzlement of nearly 400 million rubles ($12.3 million) from the Glonass satellite navigation system program, Kommersant daily reported on Thursday. The Global Navigation Satellite System (Glonass), officially launched in 1993, is the ...
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Weaker Ruble Unlikely to Boost Growth – Russian Central Bank
ST. PETERSBURG, June 20 (RIA Novosti) – The Russian government’s plans to weaken the ruble in a bid to stimulate faltering economic growth is unlikely to yield results, Central Bank First Deputy Chairman Alexei Ulyukayev said on Thursday. Finance Minister Anton Siluanov on Monday said the government is looking for measures to stimulate economic growth in Russia, including the ...
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Soldiers of the future coming to Russia
State-of-the-art military equipment "Ratnick" for army soldiers may be put into service next month in Russia. This was announced by the curator of the military-industrial complex, Russian Deputy Prime Minister Dmitry Rogozin. All leading armies of the world have been testing such systems, and the Russian Federation had to create its own set of gear for "the soldier of the ...
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VTB says to sell part of Tele2 Russia in 3-4 months
ST PETERSBURG, Russia, June 20 | Thu Jun 20, 2013 5:23am EDT ST PETERSBURG, Russia, June 20 (Reuters) - Russian state-controlled bank VTB said on Thursday it planned to sell a stake in Tele2 Russia in the next three or four months in a deal that would see the bank keep control of the country's fourth-biggest mobile phone company. "Our talks with a number of private investors are ...
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In pictures Liliger cubs in Russia
A month-old liliger cub walks in Novosibirsk Zoo. The cub's mother is Zita, a liger - half-lioness, half-tiger, and its father is a lion, Sam. Ilnar Salakhiev / AP ...
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Russia calls for holding full-fledged round of Sextet-Iran talks as soon as possible
ST PETERSBURG, June 20 (Itar-Tass) - Russia calls for holding the full-fledged round of talks between the Sextet and Iran on Tehran’s nuclear dossier as soon as possible, Russian Foreign Minister Sergei Lavrov told Rossiya 24 TV Channel on Thursday. The minister stressed that after the presidential elections in Iran "we call for holding the full-fledged talks between the Sextet and ...
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Bank of Russia doubts if weaker ruble may help Russian economy
ST. PETERSBURG, June 20 (Itar-Tass) - The Bank of Russia believes that a weaker ruble will be of no help to the Russian economy, the bank’s deputy chairman Alexei Ulyukaev told the media on Thursday. Earlier, Economic Development Minister Andrei Belousov said that the ruble’s firming was fraught with certain risks to the Russian economy. "Calculations indicate that the ...
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North Korea to invest $1 mln in Russia’s Primorsky territory agriculture
VLADIVOSTOK, June 20 (Itar-Tass) - Democratic People’s Republic of Korea plans investing $ 1 mln in the agricultural sector of Russia’s Far-Eastern Primorsky /Maritime/ territory, and in particular in the processing of coy and corn. Also, the North Korean side is interested in the setting up of joint cattle farms, North Korea’s Consul General in Vladivostok Rim Chun Il said ...
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Russia to make proportionate response to US sanctions over human trafficking
MOSCOW, June 20 (Itar-Tass) - Russia will make a proportionate response to the United States, if Washington takes sanctions against Moscow over the human trafficking situation, the Russian Foreign Ministry’s commissioner for human rights, democracy and the rule of law Konstantin Dolgov said in the wake of the Department of State’s report on the human trafficking situation around the ...
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Russia hopes Friends of Syria Group meeting to be devoted to preparing Geneva-2 conference
ST PETERSBURG, June 20 (Itar-Tass) - Russia hopes that the Friends of Syria Group meeting in Doha on June 22 will be devoted to preparing the Geneva-2 conference and not to winding up of the opposition, Russian presidential special envoy for Africa Mikhail Margelov told Itar-Tass. "If the meeting helps prepare the Geneva-2 conference, I believe that it has the right to being held," ...
St Petersburg Focus
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New business centre in St Petersburg remains contraversial
Okhta Centre has become one of the most contentious development projects in all of Russia. It is a project that offers St Petersburg two options that can’t be matched, either to embrace the modern world and allow a world-class business centre to be built, or maintain the city’s historic skyline, architecture and reputation as a major tourist destination with huge historical significance.
Before 2007, Okhta Centre was called Gazprom City and was promoted as such in Russian and St Petersburg news media, but from the start the project was a contentious issue, due primarily to the fact that the development calls for a massive tower to be built in its centre, a tower that will be the tallest in Europe and one of the largest in the world. Read more
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