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View from above: Putin's take on straightening finances

“In order to see further, one needs to sit higher,” is the Chinese saying Russia’s PM Vladimir Putin used to open his speech at the Russia Forum. At the moment the picture he sees from his position is gloomy.

“In order to see further, one needs to sit higher,” is the Chinese saying Russia’s PM Vladimir Putin used to open his speech at the Russia Forum. At the moment the picture he sees from his position is gloomy.
Ex-Finance Minister: Russia will soon cut its oil dependency

Russia will reduce its oil dependency in the next few years as reforms are implemented and competition increases, says former Russian finance minister Alexey Kudrin.

Russia will reduce its oil dependency in the next few years as reforms are implemented and competition increases, says former Russian finance minister Alexey Kudrin.
Peeing boy suffers from frost

“Manneken Pis”, a bronze sculpture of a little boy peeing into a fountain, has stopped his daily routine due to Siberian frosts that have reached the Belgian capital.

“Manneken Pis”, a bronze sculpture of a little boy peeing into a fountain, has stopped his daily routine due to Siberian frosts that have reached the Belgian capital.
Russia to send cosmonauts to the Moon this decade
Russia's Federal Space Agency Roscosmos has launched a campaign to select a new group of cosmonauts. It is expected that the newcomers will be trained for a special mission. The Russian lunar mission, the official added, can take place already this decade. "I think that man will be on the Moon by 2020," the head of roscosmos said
Who is Syrian opposition? West has no idea

The West should drop the Libyan scenario when dealing with Syria. The country’s opposition is neither homogenous, nor ideologically transparent, and the West cannot be completely sure who it is supporting, political...

The West should drop the Libyan scenario when dealing with Syria. The country’s opposition is neither homogenous, nor ideologically transparent, and the West cannot be completely sure who it is supporting, political...
Legendary coach of Muhammad Ali dies at 90

Legendary boxing coach Angelo Dundee has died at the age of 90. He was best known for working with Muhammad Ali and helping him become World and Olympic Champion.

Legendary boxing coach Angelo Dundee has died at the age of 90. He was best known for working with Muhammad Ali and helping him become World and Olympic Champion.
UNICS lock Olimpia Milano in Euroleague Top 16

In basketball’s Euroleague Top 16, UNICS have extended their lead at the top of Group G with a home victory over Italian side EA7 Olimpia Milano.

In basketball’s Euroleague Top 16, UNICS have extended their lead at the top of Group G with a home victory over Italian side EA7 Olimpia Milano.
On the rocks behind the bars

How many cocktails can be made from five tons of ice? What sounds like a witty math test, is in fact an accident that happened in the Patagonia region of Chile where a man stole five tons of ice from a melting glacier...

How many cocktails can be made from five tons of ice? What sounds like a witty math test, is in fact an accident that happened in the Patagonia region of Chile where a man stole five tons of ice from a melting glacier...
Reform answer to Investor Confidence

The investment climate in Russia will definitely change after the presidential elections in March, suggests Sberbank Chief German Greff.

The investment climate in Russia will definitely change after the presidential elections in March, suggests Sberbank Chief German Greff.
United Russia ‘a mistake’ – ex-mayor Luzhkov

Yury Luzhkov, the former mayor of Moscow and one of the co-founders of United Russia, has criticized the party, saying it “has no right” to have a majority in the State Duma.

Yury Luzhkov, the former mayor of Moscow and one of the co-founders of United Russia, has criticized the party, saying it “has no right” to have a majority in the State Duma.
Peter Hambro: gold prices to surge as trust in currencies falls

Gold price may reach up to $5.000 per ounce if the debt crisis gets worse and people begin to panic predicts Peter Hambro, founder of one of the largest gold producers in Russia Petropavlovsk plc.

Gold price may reach up to $5.000 per ounce if the debt crisis gets worse and people begin to panic predicts Peter Hambro, founder of one of the largest gold producers in Russia Petropavlovsk plc.
Zhirinovsky outlines plans for a Russia ruled by Czars

The head of the Liberal Democratic party has promised to turn Russia into a parliamentary republic ruled by Czars, and has blasted ongoing political protests as attempts to launch an “Orange revolution”.

The head of the Liberal Democratic party has promised to turn Russia into a parliamentary republic ruled by Czars, and has blasted ongoing political protests as attempts to launch an “Orange revolution”.
Moscow spends big on financial centre

“90% of the Moscow city budget can be classified as the expenses to set up a financial centre in Moscow,” Andrey Sharonov, Deputy Mayor in charge of economic policy issues, told Business RT at the Russia Forum 2012.

“90% of the Moscow city budget can be classified as the expenses to set up a financial centre in Moscow,” Andrey Sharonov, Deputy Mayor in charge of economic policy issues, told Business RT at the Russia Forum 2012.
Republic of Srpska: 20 years of struggle
The beginning of this year marks the 20th anniversary of the establishment of the Republic of Srpska within Bosnia and Herzegovina. Its emergence was dictated by the realities of wars that began as a result of the collapse of former Yugoslavia. Everything pointed to the fact that this formation would not last long
Cameras vs fists: Can technology save Palestinians from beatings?

The Israeli government has vowed to end systematic attacks by Israeli settlers against Palestinians in the Occupied Territories, but has done little to curb the violence. Now an Israeli human rights group is using...

The Israeli government has vowed to end systematic attacks by Israeli settlers against Palestinians in the Occupied Territories, but has done little to curb the violence. Now an Israeli human rights group is using...
Russia’s Shapito-Show must go on

A comedy that lasts 210 minutes rarely becomes a success. But Russia’s “Shapito-Show” focusing on love, friendship and freedom, has attracted crowds of film lovers across the country with tickets sold out for days...

A comedy that lasts 210 minutes rarely becomes a success. But Russia’s “Shapito-Show” focusing on love, friendship and freedom, has attracted crowds of film lovers across the country with tickets sold out for days...
Market Buzz: Investors watch US labor statistics

Analysts expect Russian markets to trade flat on Thursday as they eye labor statistics from the USA.

Analysts expect Russian markets to trade flat on Thursday as they eye labor statistics from the USA.
When ignorance is not bliss: US politicians without borders

Every four years, as another US presidential election comes around, along comes a new batch of candidates with dodgy foreign policy credentials. Their blunders have inspired endless jokes, but they also discredit...

Every four years, as another US presidential election comes around, along comes a new batch of candidates with dodgy foreign policy credentials. Their blunders have inspired endless jokes, but they also discredit...
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