Business

VTB's 1H09 net loss $846 mln

VTB's 1H09 net loss $846 mln

21:08 03/07/2009

VTB, Russia's second-largest bank, reported a net loss of 26.45 billion rubles ($846 mln) in the first six months of the year, the bank's press service said on Friday.

Russia's foreign debt down $8.4 bln to $475.1 bln in 1H09
21:06 03/07/2009
Russia's foreign debt fell by $8.4 billion to $475.1 billion in the first six months of 2009, the Central Bank said on Friday.
Nabucco gas project to be signed by 12 countries - EC
18:57 03/07/2009
An intergovernmental agreement on the Nabucco gas pipeline project will be signed on July 13 in Ankara, Turkey by 12 member states, a spokesman for the European Commission's energy policy said on Friday.
Russia hopes to earn $1.8 bln from oil sales to China
17:00 03/07/2009
Russia expects to earn 57 billion rubles ($1.8 bln) annually from oil exports to China, Energy Minister Sergei Shmatko said on Friday.
Dollar up 12.29 kopeks, euro down 11.10 kopeks - Central Bank
14:42 03/07/2009
The official dollar rate set by the Russian Central Bank for July 4 is 31.2481 rubles, up 12.29 kopeks from Friday, the Central Bank said.
Russian monetary base down 0.47% in week to $127.7 bln
10:23 03/07/2009
Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 3 trillion 988 million rubles ($127.7 billion at the current exchange rate) as of June 29, down 0.47% in the week since June 22.

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Final Bell Rings for Russia’s High School Seniors

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Tedious stability

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Scuffle in Ukraine’s Parliament Thwarts Language Bill Consideration

Scuffle in Ukraine’s Parliament Thwarts Language Bill Consideration

A brawl broke out in the Ukrainian Parliament on Thursday ahead of the consideration of a bill designed to expand the use of Russian language in the country, a RIA Novosti correspondent reported.

Washington Blasts Russia Again for Poor Democracy Record

Washington Blasts Russia Again for Poor Democracy Record

The U.S. Department of State criticized Russia for continuing violation of human rights and democratic freedoms in an annual report published on Thursday.

Russian presidential envoy to Afghanistan, Zamir Kabulov

Russia Refuses to Allocate $10 mln to Afghan Army

Russia has denied a NATO request to allocate $10 million for the support of the Afghan Army, the Russian presidential envoy to Afghanistan, Zamir Kabulov, said on Thursday following the alliance’s summit in Chicago.

Opposition camp at Moscow’s downtown Chistoprudny Boulevard

Third of Russians Approve of Anti-Putin Camp Closure

Almost third of Russians approve of the closure of the Occupy-style camp at Moscow’s downtown Chistoprudny Boulevard where people were protesting against Vladimir Putin's return to the presidency, a poll held by the Public Opinion Foundation has revealed.

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