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Russia's UAC to invest $160 mln in An-148 manufacturer

© RIA Novosti. Vladimir Lavrov

Russia's UAC to invest $160 mln in An-148 manufacturer

16:32 28/07/2009

Russia's United Aircraft-Making Corporation (UAC) announced on Tuesday plans to invest 5 billion rubles ($162 mln) in the modernization of aircraft maker VASO, which produces the new An-148 medium-haul plane.

Russia suspends about 80% of construction projects amid crisis
14:32 28/07/2009
About 80% of construction projects in Russia are currently frozen due to the ongoing economic crisis, the president of the Russian Union of Developers said on Tuesday.
Dollar down 10 kopeks, euro down 6 kopeks - Central Bank
13:45 28/07/2009
The official dollar rate set by the Russian Central Bank for July 29 is 30.6431 rubles, down 10 kopeks, the Central Bank said on Monday.
Russian gas firm Novatek posts 24% net profit drop in 1H09
11:48 28/07/2009
Russia's largest independent natural gas producer Novatek said on Tuesday its net profit under Russian Accounting Standards had declined 24.4%, year-on-year, in January-June 2009 to 6.825 billion rubles ($220 million).
TNK-BP reports 56.5% net profit plunge to $2 bln in 1H09
11:14 28/07/2009
The Russian-British joint oil venture TNK-BP said on Tuesday its U.S. GAAP net profit had dropped 56.5% year-on-year in January-June 2009 to $2 billion.

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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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