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. Last Updated: 07/27/2016


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Cash-for-Clunkers Plan Under Fire

A lack of legislation and recycling infrastructure bode poorly for the program, which is supposed to start up next year.

Putin Recalls Fall of Berlin Wall in New Film

Putin told veteran NTV reporter Vladimir Kondratyev in a half-hour interview how he managed to calm down an angry crowd of East German protesters outside the KGB headquarters in Dresden in late 1989.

2nd Fire Destroys Cherkizovsky Wares

The overnight fire gutted 1,000 square meters of a building where confiscated goods of an unknown origin were stored on the grounds of the sprawling market.

Foreign Ideas Nixed In Fight Against HIV

Health professionals at the third Eastern Europe and Central Asia AIDS Conference, which opened Wednesday in Moscow, cautioned that the problem was growing rapidly, largely because of illegal drug use, and the government needs to contribute more resources to prevention programs.

Ecuador Eyes Loan On Presidential Visit

President Dmitry Medvedev is scheduled to meet Ecuadorial President Rafael Correa on Thursday and the two will preside over the signing of a raft of agreements on oil refineries, mining, utilities, agriculture and fishing, a source in the Kremlin told Interfax.

Watchdog in Rosneft, Gazprom Feud

The Moscow Times
The watchdog opened a case after Rosneft filed a complaint alleging that Gazprom limited Rosneft’s access to the country’s main gas pipeline network from April to August.

Russia's Quasi-Sovereign Debt, Bad Loans a Concern: Moody's

Moody's reiterated its earlier forecast that bad loans at Russian banks would rise to 20 percent of the total portfolio this year and to 25 percent in 2010, adding that current provisions were lower than needed.

Government Plans 25T Gold Sale, Possibly at Home

The government's agent for precious metals and gems said on Tuesday Russia had postponed its plans to sell up to 50 tons of gold this year, after information about the sale was leaked.

Central Bank Delivers 8th Rate Cut Since April

All key rates were reduced by 50 basis points effective from Oct. 30, taking the benchmark refinancing rate down to a historic low of 9.5 percent.

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