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. Last Updated: 07/27/2016


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Putin Scolds Miller on Pipeline Access

A Gazprom-commissioned oil rig destined for the Arctic dwarfed the black hulks of diesel- and nuclear-powered submarines docked for maintenance Friday at the Sevmash shipyard, but its dimensions apparently left Prime Minister Vladimir Putin unimpressed.

Medvedev Said to Break G8 Promise

Staff Writers
The Kremlin entered a new battlefield with the West over the weekend, with Washington and London accusing President Dmitry Medvedev of reneging on a promise with Russia's decision to block United Nations sanctions against Zimbabwe.

Finance Ministry Says Reserves in No Danger

The Finance Ministry has moved to stave off worries that the troubles at U.S. mortgage giants Fannie Mae and Freddie Mac pose a threat to the country’s gold and foreign currency reserves or the more than $157 billion it has salted away from taxes on energy exports.

Udokan Copper Tender Attracts Crowded Field

Billionaire Alisher Usmanov’s Metalloinvest on Friday joined the race for the Udokan copper field, the country’s largest untapped source of the metal, just a few hours ahead of a bids deadline.

Georgia Threatens To Shoot Down Jets

Georgia will shoot down any Russian fighter jets that violate its airspace, two senior Georgian officials said Friday, a day after Russia's admission that it had flown sorties over the breakaway republic of South Ossetia.

Sukhoi to Unveil 30 Superjet Orders at Air Show

Combined Reports
But with industry-wide losses growing, many airlines are expected to keep their wallets shut at the Farnborough air show.

Medvedev Passed G8 Test

President Dmitry Medvedev has clearly passed muster at his first Group of Eight summit in Japan last week.

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