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. Last Updated: 07/27/2016


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Chavez Arrives to $1Bln Welcome

The Kremlin had a warm welcome waiting for Venezuelan President Hugo Chavez Thursday, in the form of a $1 billion loan for arms purchases for the Latin American leader who has been fiercely critical of the United States and its leaders.

Cold Snap Leads City to Turn On Heat Early

For the past two weeks, Alexandra Shuvalova has spent almost every evening sitting in a bathtub filled with piping hot water.

Economic Aide Sees Russia At the Top

Russia could emerge as a global economic leader in a new financial era that might follow the current liquidity crisis and banking-sector turmoil, top Kremlin economic aide Arkady Dvorkovich said Thursday.

Russian Oil Reserve Could Affect Prices

Energy Minister Sergei Shmatko says Russia will work to influence global oil prices, perhaps through keeping fields in reserve.

Alfa, UralSib Predict Slower Growth in '09

Two Russian banks cut their forecasts Thursday for GDP growth next year, citing a crisis of confidence in the banking sector amid a major international liquidity squeeze.

Kadyrov Says Killing Tied to Blood Feud

Chechen President Ramzan Kadyrov said Thursday that the murder of Ruslan Yamadayev, a former State Duma deputy and a member of a Chechen clan that challenged Kadyrov's authority, was most likely linked to a blood feud.

Rice, Lavrov Face Nuclear Proliferation Gridlock

The Associated Press
The two fail to agree on anything other than general support for the Iran and North Korea efforts.

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