Latest St Petersburg (Russia) News
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Court Authorizes Arrest of Moscow Region Terror Suspect
A Moscow court has sanctioned the arrest of the sole survivor of a raid by special forces officers on a suspected terror cell in the Moscow region. On Monday, special forces officers raided a house in Orekhovo-Zuyevo, about 80 kilometers east of Moscow, shooting and killing two men suspected of plotting a terror attack in Moscow. Officers detained a third, Robert Amirkhanov, who suffered ...
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Insight No more easy pickings in Russias banking market
MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained ...
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Russian banker has his eye on Europe
Wed May 22, 2013 2:32am EDT * Igor Kim has bought up Russian units of foreign banks * Expobank is already present in Latvia * Now focused on corporate lending but is open to new ideas By Katya Golubkova and Oksana Kobzeva MOSCOW, May 22 (Reuters) - Igor Kim snapped cast-off assets from foreign banks pulling out of Russia and now the banker says he wants to expand into Europe. Kim, 47, emerged ...
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Ambassador hails Chinese Bridge language contest in Russia
Chinese Ambassador Li Hui said Tuesday the success of the Chinese language competition was a living embodiment of the ever-deepening relations between Russia and China."The success of the competition will definitely help the spread of the Chinese language in Russia," Li told Xinhua in an exclusive interview.Li said he believed the success of the competition is a vivid testament to the ...
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Russia says Eurovision snub “outrageous”
Dina Garipova of Russia performs the song "What If" during the final of the 2013 Eurovision Song Contest at the Malmo Opera Hall in Malmo at the weekend. Photograph: Jessica Gow/Scanpix ...
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Russias slowdown – another domestic demand story
Russia's economic growth continued to slow down for the fifth consecutive quarter posting its weakest figures since 2009: Q1 13 GDP expanded 1.6% y/y after 2.1% growth in the previous quarter. Yet, it exceeded consensus expectations of 1.2% (DBM: 1.3% y/y). Private consumption is still doing well despite a slowdown in growth, but we are worried about fixed investments in the long run. On ...
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Medvedev Not Offended by Being Called Dimon
Dmitry Medvedev said he was not offended when web users referred to him as "Dimon," a diminutive version of his name. "To tell you the truth, it does not offend me at all. There are things that I do not like. It is understandable. But it is absolutely normal when I am called Dimon on the Internet," Medvedev said in an interview with Komsomolskaya Pravda. Russians ...
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Russia Offers Turkey S-300 Project
MOSCOW [MENL] -- Russia has offered to develop an advanced variant of theS-300 long-range air defense system. Officials said the Kremlin has been discussing defense and militarycooperation that would include a partnership in the development of advancedair defense systems. They said the state-owned Rosoboronexport submitted aproposal for a joint project to produce an enhanced variant of the ...
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Moscow expresses protest to US Ambassador to Russia over spy scandal
Moscow has expressed a protest to the U.S. Ambassador to Russia Michael McFaul in connection with an attempt to recruit a representative of Russian secret services by CIA agent, the website the Russian Ministry for Foreign Affairs said ...
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Japans crocodile tears over Russias Kuril Islands
Japanese Prime Minister Shinzo Abe in a short time has demonstrated his capabilities and lack of fear in tackling problems using non-trivial methods. Abe likes Russia - it's in his genes. The Russian President said he was ready for a dialogue on the peace treaty with Japan on the principles of a draw. Did he decide to give the Japanese two of the four South Kuril Islands? Japanese Prime ...
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Azerbaijan awarded Russia no points - Jon Ola Sand
"The millions of viewers in Europe and the contestants, who have put heart and soul into their performances, deserve a fair and transparent result," said Jon Ola Sand, Executive Supervisor of the Eurovision Song Contest, in response to media reports that question the integrity of the ...
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US Defense Secretary Meets Russian Security Council Chief
MOSCOW, May 22 (RIA Novosti) - US Secretary of Defense Chuck Hagel held a meeting with Russian National Security Council chief Nikolai Patrushev on Tuesday discussing bilateral and international issues, Pentagon Press Secretary George Little said. "Secretary of Defense Chuck Hagel met with Russian Federation Security Council Secretary General Nikolai Patrushev today at the Pentagon to ...
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U.S. Lawmakers Seek Limits on Russia Cooperation
WASHINGTON - U.S. Republican lawmakers are trying to block President Barack Obama's overtures to Russia on missile defense, creating a potential obstacle to arms control talks. Lawmakers are proposing a measure that would bar the administration from sharing classified missile defense data with Russia. That would undercut a path that arms control advocates have urged to restart nuclear ...
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Former Georgian Prime Minister Detained
Mikheil Saakashvili - a former prime minister and a provincial governor - have been charged with embezzlement and abuse of office in another sign of an ongoing power struggle between the country's top two officials. Former Prime Minister Vano Merabishvili, who currently leads Saakashvili's party, is accused among other things of taking on the payroll in the Labor Ministry nearly ...
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Today in History May 22
Wikicommons Ilya Repin's portrait of Pavel Tretyakov (1883). 157 years ago today, on May 22, 1856, Pavel Tretyakov acquired a series of paintings that came to mark the founding of the Tretyakov Gallery. Tretyakov's collection, which comprised of more than 1,200 paintings, 518 drawings and nine sculptures, was moved to Moscow in 1892 and has since expanded to include more than ...
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Aleksei Balabanov Russian Film Director Dies at 54
Aleksei Balabanov, a Russian director whose films fused grisly violence, sardonic humor and rock music to convey a darkly compelling vision of his chaotic society after ...
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Russian nuclear rocket to facilitate interplanetary travel after 2025
A new Russian nuclear rocket will multiply the speed of movement through space: a flight round trip to Mars will take two to four months, while the current rocket requires a year and a half to two years to accomplish the same trip. With new ship, a flight round trip to Mars will take 2 to 4 months which is absolutely ...
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Russia opposes forced Syria regime change
Hezbollah in Syria and the potential regional fallout, Zasypkin also assured that Russian missiles supplied to Syria will not reach Hezbollah. "I don’t know the details of the contracts [for supply of weapons to Syria] but I can confirm that the contract states those missiles must not reach a third party," he said. "Our utmost priority is stability and security in ...
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Who pays puppets without borders to slander Russia
Reporters Without Borders Calls Putin a Predator and Control Freak - Mikhail Doubik, Publisher at Vedomosti is the director of the Moscow Times. Vedomosti was conceived by Financial Times and The Wall Street Journal, the One Percent. The "news" outlet which calls itself the Moscow Times today published an article with this ...
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Kyrgyz President Against Banning Russia’s Zhirinovsky
BISHKEK, May 22 (RIA Novosti) - Kyrgyz President Almazbek Atambayev said he saw no reasons to declare populist Russian politician Vladimir Zhirinovsky persona non grata in the central Asian state following his remarks on Kyrgyzstan. Last week Kyrgyzstan's parliament voted to recommend their nation's Foreign Ministry declare Zhirinovsky persona non grata after remarks he made about a ...
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Russian PM Medvedev Says Against Cabinet Reshuffle
MOSCOW, May 22 (RIA Novosti) - Russian Prime Minister Dmitry Medvedev said he was not ready to part with any of the current ministers, but dismissals are possible in connection with the recently introduced law banning officials from keeping their money in foreign banks. "The government is a team. I have proposed their [ministers'] candidacies to the president and the president ...
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Russian mom detained after babies found in fridge
Police in a small town in Russia's Urals have detained a woman suspected of killing her newborn sons by freezing them to death. The bodies were discovered in the freezer of a local food store where they have been kept for five years. The bodies were found on Tuesday in Verkhnyaya Pyshma in the Sverdlovsk region by staff at the store. Past inspections of the store by local officials had ...
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Russia rejects creation of no-fly zone over Syria
Russia opposes the initiatives of the west to create a no-fly zone over Syria, the Russian Deputy Foreign Minister Gennady Gatilov said on Tuesday. "Unfortunately, these destructive ideas keep popping up over time, but no one ever bothered to think about the consequences," said Gatilov. It is worth mentioning that on March 19, the Supreme Commander of the North Atlantic Treaty ...
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Kerry Presses US-Russian Plan for Syrian Peace Talks
U.S. Secretary of State John Kerry meets Wednesday in the Jordanian capital with senior diplomats from 11 nations, as part of a U.S.-Russian push to end Syria's civil ...
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Russia’s ex-finance minister stresses role of private investments in Russian economic growth
LONDON, May 21 (Itar-Tass) - A key role in Russia’s economic growth should be played by private rather than government investments, Russian former Finance Minister Alexei Kurdin said on Tuesday at the Russia Calling! Investment conference organized here by one of Russia’s biggest banks, ...
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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