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  • Nikiforov Says States Weight Is Behind IT

    The Moscow Times - Tuesday 21st May, 2013

    Nikolai Nikiforov told business representatives at the Leaders' Club forum on Tuesday. Information technology is important for the Russian economy, Nikiforov said. It accounts for 4.6 percent of the nation's GDP and is growing three times faster than the economy overall. He said that the ministry is committed to push ahead with introduction of electronic identification cards, mobile ...

  • Russia angry over stolen Eurovision votes

    Reuters - Tuesday 21st May, 2013

    BAKU/MOSCOW (Reuters) - Moscow has clashed with the European Union over human rights and with NATO over security. Now another longstanding European institution is causing anger in the Kremlin and tension between Russia and Azerbaijan: the Eurovision Song ...

  • RPT-UPDATE 1-Wealth fund trio to invest $500 mln each in Russias VTB

    Reuters - Tuesday 21st May, 2013

    Tue May 21, 2013 12:48pm EDT * Russian state bank raising $3.3 bln * Share sale to close by weekend * Loan book to grow 15-20 pct - CEO * Sees 2013 net profit at over 100 bln rbls LONDON, May 21 (Reuters) - Russia's second-largest bank VTB expects to close its $3.3 billion offering of new shares by the end of the week, with three sovereign wealth funds investing about $500 million each, ...

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  • Six Russian sailors killed in fire on crab boat in Japan

    Pravda - Tuesday 21st May, 2013

    The bodies of six Russian sailors were recovered on board the ship that burned this morning in a port on the Japanese island of Hokkaido. Seventeen people managed to escape, three of them were rushed to ...

  • Russia Says Senior Islamist Insurgent Killed

    VOA - Tuesday 21st May, 2013

    MOSCOW -- The right-hand man of Russia's most wanted insurgent was killed by security forces on Tuesday, officials said, as Moscow tries to contain militancy in its Caucasus region before it hosts the Winter Olympics near there next February. Dzhamaleil Mutaliyev, a senior figure in a group fighting to establish an Islamist state, was killed along with another militant in a shootout in ...

  • Russian International Olympic University signs cooperation agreement with Kazakhstan

    Inside the Games - Tuesday 21st May, 2013

    Frank Kugler won four Olympics medals in freestyle wrestling, weightlifting and tug of war at St Louis in 1904, making him the only competitor to win a medal in three different sports at the same Games. He claimed a silver medal in the heavyweight category in wrestling, bronze in the two hand lift and all-around dumbbell events in weightlifting and another bronze in the tug of war competition as ...

  • South Stream A fresh element of Russian-European energy cooperation

    RT - Tuesday 21st May, 2013

    Russian economy With a stagnating European economy plans to supply more gas to the West is becoming a challenge. But Russia is taking the risk. South Stream is a multinational gas pipeline project based on a strategic agreement between Gazprom (Russia) and ENI (Italy). Currently the pipeline will cross Russia by land and go under the Black Sea to Bulgaria, then to Serbia, Hungary, Slovenia ...

  • France to Open Visa Centers in 5 Russian Cities

    RIA Novosti - Tuesday 21st May, 2013

    MOSCOW, May 21 (RIA Novosti) - France will open visa centers in five Russian cities by the end of June 2013, the French Consulate General in Russia reported Tuesday. "During his visit to Moscow in February 2013, French President Francois Hollande pledged to simplify as much as possible the visa application conditions for Russian nationals," the consulate said in a statement. "In ...

  • Russia to Scrap World’s Biggest Nuclear Subs

    RIA Novosti - Tuesday 21st May, 2013

    MOSCOW, May 21 (RIA Novosti) - Russia will decommission and scrap two of the largest submarines in the world by 2018, a defense industry source told RIA Novosti on Tuesday. The Severstal and the Arkhangelsk, both Project 841 (Typhoon-class) ballistic-missile submarines, based at Severodvinsk on the White Sea, will be withdrawn from the Navy by the end of this year and will begin to be ...

  • Russia Outraged Over Eurovision Vote Count Fault

    RIA Novosti - Tuesday 21st May, 2013

    MOSCOW, May 21 (RIA Novosti) – Russian Foreign Minister Sergei Lavrov condemned the disappearance of votes awarded by Azerbaijan to Russian singer Dina Garipova at the recent Eurovision Song Contest as "an outrageous action," and vowed on Tuesday that Russia would respond to the incident. "We can’t be happy with the fact that ten points were stolen from our ...

  • Tank Makers Boss to Head Russia’s Shipbuilding Corp

    RIA Novosti - Tuesday 21st May, 2013

    SOCHI, May 21 (RIA Novosti) – Vladimir Shmakov, first deputy CEO of tank manufacturer Uralvagonzavod, has been appointed head of Russia’s state-run United Shipbuilding Corporation in a bid to shake up deliveries of warships to the navy, President Vladimir Putin said on Tuesday. "USC will be headed by Shmakov," Putin said at a government meeting at his Black Sea residence, ...

  • VTB 24 Housing Mortgage Agency Cutting Loan Rates

    The Moscow Times - Tuesday 21st May, 2013

    24 and the Housing Mortgage Agency, announced that they are cutting lending rates, Vedomosti reported. The companies said Monday they were lowering the rate by 1 percent. VTB 24 reconsidered all of its rates - and not all them were lowered, said mortgage lending department director Andrei Osipov. "For example, we cut by 1 percent the rate for the longest-term loan with a small ...

  • Russia pressured over NGO law

    Middle East Times - Tuesday 21st May, 2013

    Human Rights Watch called on a European leader to pressure Russia to end its policy of targeting non-governmental organizations. Human Rights Watch ...

  • Russia-EU summit in Yekaterinburg to focus on economic issues shale gas

    Itar Tass - Tuesday 21st May, 2013

    MOSCOW, May 21 (Itar-Tass) - Economic topics, including the use of shale gas, will be discussed at the Russian-European Union summit in Russia’s city of Yekaterinburg, Russian Deputy Prime Minister Arkady Dvorkovich told journalists on ...

  • Russia Azerbaijan Seek New Oil Transit Deal

    RIA Novosti - Tuesday 21st May, 2013

    MOSCOW, May 21 (RIA Novosti) - Russia and Azerbaijan are negotiating a new oil transit agreement, Russian Foreign Minister Sergei Lavrov said during a news conference on Tuesday after a bilateral meeting with Azerbaijan’s foreign minister. "Our respective energy agencies and companies are working on preparing a new intergovernmental agreement which will reflect current ...

  • Oil Production Tax Increase Shelved

    The Moscow Times - Tuesday 21st May, 2013

    The Finance Ministry has decided not to push forward a proposal to increase a tax on crude oil production, Deputy Minister Sergei Shatalov said, after oil companies protested that higher taxes would lead to a drop in output. He also said the ministry dropped its proposals to speed up the increase of export duty on fuel oil and that the government had agreed to a smaller increase in excise tax ...

  • Official Declares $3.6M Income Plus Snowmobile

    The Moscow Times - Tuesday 21st May, 2013

    Deputy head of the government's staff Andrei Loginov has declared an income of 115 million rubles ($3.6 million) in 2012 making him the highest-paid government official last year, a news report said Tuesday. According to his income declaration, he owns several plots of land with an area totaling 15,000-square meters, a 329-square meter home, an off-road motorcycle and a Yamaha snowmobile, ...

  • Top Cop Says Moscow Safer Than New York

    The Moscow Times - Tuesday 21st May, 2013

    Vladimir Kolokoltsev said at a meeting with U.S. police that Moscow is safer than New York for certain types of crime. Moscow has fewer burglaries and rapes, factoring in the number of its residents, Kolokoltsev said during a meeting with New York Police Commissioner Raymond Kelly in the U.S. city. "I am stating with gratification that Moscow is not inferior to New York in terms of the ...

  • Russia says kills senior Islamist insurgent

    Reuters - Tuesday 21st May, 2013

    MOSCOW (Reuters) - The right-hand man of Russia's most wanted insurgent was killed by security forces on Tuesday, officials said, as Moscow tries to contain militancy in its Caucasus region before it hosts the Winter Olympics near there next ...

  • Russias FSB prevents terrorist attacks in Moscow

    Pravda - Tuesday 21st May, 2013

    In Orekhovo-Zuevo, the Moscow region, special services blocked three terrorists, who planned to conduct a terrorist attack in Moscow. Two militants were killed, one was detained. The National Anti-Terrorist Committee said that all three of them were citizens of the Russian Federation. The successful operation of the FSB helped to prevent a tragedy like the one that occurred in the Moscow subway ...

  • Relations between Azerbaijan and Russia are very positive – FM

    News.Az - Tuesday 21st May, 2013

    Moscow and Baku have reviewed the agenda of Russian-Azerbaijani relations and the Nagorno-Karabakh conflict - the biggest problem facing Azerbaijan. The statement came from Azerbaijani Foreign Minister Elmar Mammadyarov after talks with his Russian counterpart Sergei Lavrov in Moscow. "Relations between Azerbaijan and Russia are very positive from the point of view of different areas. ...

  • Russia Azerbaijan prepare to sign new agreement on Azeri oil transit - Lavrov

    Itar Tass - Tuesday 21st May, 2013

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  • Russia’s oil output reaches 518 mln tonnes in 2012 exceeding indicator of 1990

    Itar Tass - Tuesday 21st May, 2013

    MOSCOW, May 21 (Itar-Tass) - Russia’s oil production grew to 518 million tonnes in 2012, thus hitting the record high of 1990, the Russian Energy Ministry underlined in its documents drafted by the ministry’s board meeting, which was held in Moscow on ...

  • Eurovision song contest Russian foreign minister wades into voting row

    The Guardian - Tuesday 21st May, 2013

    Sergei Lavrov, the Russian foreign minister, has taken time out of a busy schedule that includes defending arms sales to Syria and criticising US policy around the world to wade into a growing scandal over ...

  • Iraq Reopens Russian Arms Deal Probe

    RIA Novosti - Tuesday 21st May, 2013

    DUBAI, May 21 (RIA Novosti) - Iraq's Central Criminal Court has resumed an investigation into officials suspected of corruption in a $4.2 billion deal to purchase Russian weapons, the head of the Iraqi Parliament's Integrity Committee, Bahaa al-Araji, said on Tuesday."The investigation will go ahead. The witnesses and suspects will give evidence, and Defense Ministry experts will ...

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