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. Last Updated: 07/27/2016

02/24/2009

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Few See Ruble Repeating the Magic of 1998

For Ali Guseinov, the 1998 ruble devaluation was not only a disaster -- it was also an important turning point.

Factories Find Edge In Energy Efficiency

A gloomy building with stark hallways and chipped tiles, the small Dmitrovsk dairy-processing plant in the Oryol region is a typical remnant of a model Soviet industry.

Markets Retreat on Banking Sector Fears

The MICEX and RTS indexes last week coughed up gains from earlier this month, while their U.S. and European peers plummeted on renewed jitters over their banking sectors.

Deripaska Says State Help Isn't Necessary

Reuters
Oleg Deripaska, trying to restructure billions of dollars in debts owed to Western banks, said he does not need financial help from the state.

Poland Holds Chechen Suspect

Polish police have arrested a suspect believed to have taken part in the killing of Chechen refugee Umar Israilov in the streets of Vienna last month, Austrian prosecutors said Monday.

Zyuganov Leads 2,000 In Denouncing Putin

More than 2,000 Communist Party supporters gathered in central Moscow on Monday to bemoan military reforms and call for Prime Minister Vladimir Putin's dismissal as part of the Defenders of the Fatherland Day holiday.

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