Latest St Petersburg (Russia) News
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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," ...
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Russia set to develop air defence systems
MOSCOW, June 20 (Itar-Tass) - On Wednesday, Russian President Vladimir Putin visited the Obukhovsky plant in St. Petersburg, where he chaired a government meeting dedicated to issues of the implementation of the state defence order. He inspected the most advanced air defence systems, such as the Vityaz system that is to replace the obsolete S-300 air defence system. The Almaz-Atney concern ...
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RPT-Fitch Rates Russia-based ING Bank Eurasia BBB+ Outlook Stable
Thu Jun 20, 2013 5:12am EDT (Repeat for additional subscribers) June 20 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has assigned ING Bank (Eurasia) ZAO (INGR) a Long-Term Issuer Default Rating (IDR) of 'BBB+' and a Support Rating of '2' The Outlook on the Long-term IDR is Stable. A full list of rating actions is at the end of this rating ...
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Obama Suggests Further Cuts to U.S. Russian Nuclear Arsenals As China’s Buildup Continues
PLA soldiers stand on military vehicles during a military parade marking China's 60th anniversary near the Tiananmen Square in Beijing, China, Thursday, Oct. 1, 2009. (AP Photo/Vincent Thian) (CNSNews.com) - President ...
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Russian Stadiums Below Par for 2018 World Cup - Official
MOSCOW, June 20 (R-Sport) - Every one of Russia’s stadiums being built for the 2018 World Cup is having trouble meeting the standards set by world football’s governing body FIFA, the official in charge of compliance said on Thursday. FIFA sets out a wide range of requirements for each World Cup arena, with standards covering everything from total capacity to media and VIP ...
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Reports about resignation of Russian Railways president proved to be provocation
Late on Wednesday, several Russian and foreign news agencies have at once received information that the president of Russian Railways, Vladimir Yakunin, had been dismissed and First Vice President of Russian Railways Alexander Misharin was appointed instead of him. Half-an-hour later the news was disproved. Information came from the email address made to look like the official mail address of ...
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St. Petersburg International Economic Forum LIVE UPDATES
Russia and the global economy The International Economic Forum in St. Petersburg has kicked off. More than 4,000 business leaders, policy makers, and economic experts from around the world have come together to brainstorm ways out of the global economic crisis. This year's theme is 'Finding Resolve to Build the New Global Economy'. 11:51 MST: Russian President Vladimir ...
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Obamas Berlin wall US Prez calls on Russia to revive a world without nuclear weapons from behind bulletproof glass
U.S. President Barack Obama used a speech in Berlin on Wednesday to call on Russia to revive the push for a world without nuclear weapons, offering to cut deployed nuclear arsenals by a third, but Moscow immediately poured scorn on his proposal.Speaking in Berlin where U.S. Presidents John F. Kennedy and Ronald Reagan gave rousing Cold-War speeches, Obama urged Russia to help build on the ...
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Moscow rebuffs Obama nuclear arms proposal
Obama 's call for steep nuclear weapons reductions, with a Defense Ministry adviser calling the proposal "absolutely unacceptable." "We cannot allow the balance of the strategic deterrence system to be broken, or the effectiveness of our nuclear forces to be diminished," Russian President Vladimir Putin said in St. Petersburg around the same time Obama said in Berlin he ...
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Obama challenges Russia over nuclear weapon cuts
Source: Breakfast US President Barack Obama used a speech in Berlin to call on Russia to revive the push for a world without nuclear weapons, offering to cut deployed nuclear arsenals by a third, but Moscow immediately poured scorn on his proposal. Speaking in Berlin where US Presidents John F. Kennedy and Ronald Reagan gave rousing Cold-War speeches, Obama urged Russia to help build on the ...
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Russias Birth Rate up 30 Since 2007
Maxim Topilin said on Wednesday. In his interview with the Ekho Moskvy radio station, the minister attributed the trend in part to the introduction of the so-called "maternity capital" on January 1, 2007. "During this period, the birth rate increased by 30 percent," Topilin said without giving the exact figures. Growth was attributed "to the introduction of the ...
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Today in History June 20
132 years ago on June 20, 1881, Russia's first public telephone cable was installed in Nizhny Novgorod. Spanning 1,547 meters, the phone line linked Georgievskaya pier with the offices of a local steamship ...
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21 of Russians Worry about Environment
About 21 percent of Russians are "seriously worried" about environmental issues in their country, according to a survey published by an independent Russian pollster on Wednesday. The Levada Center pollster said the figure is four percentage points less than during its previous poll on the issue held last year. Almost 62 percent of respondents, however, are convinced that polluted ...
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U.S. Human Trafficking Report Downgrades Russia to Lowest Level
WASHINGTON - In a move that opens the door to sanctions, the U.S. State Department named Russia and China among the world's worst countries in terms of forced labor and sex trafficking in its 2013 Trafficking in Persons Report. This year's report states that the government "does not fully comply with the minimum standards for the elimination of trafficking." According to ...
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Aeroflot Russian Airlines suspends first deputy director general
MOSCOW, June 20 (Itar-Tass) - The administration of Aeroflot Russian Airlines suspended Deputy Director General Andrei Kalmykov, who is under investigation on suspicion of abuse of authority. "Andrei Kalmykov has been suspended for the period of the investigation into the criminal case opened by the Moscow regional investigation department on the transport. The company's press service ...
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Tarkovsky Archives Opened at Russian Film Festival
Mosfilm A 'Stalker' from the 1979 Tarkovsky film of the same name guides two of his clients through the unpredictable, mysterious 'Zone' of ...
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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