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. Last Updated: 07/27/2016

05/29/2009

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Factories Put Stimulus Cash to Work

Of the 300 workers employed at a gear-cutting machine plant in the Saratov region, only 17 are working exclusively in the jobs they were hired to do.

Yakunin Has $4.3Bln Plan to Speed Up Trains

Russian Railways on Thursday signed up to a $4.3 billion project with Austria, Slovakia and Ukraine aimed at cutting down on delivery time for rail shipments between Asia and Europe.

Oil-Field Reserve Proposed

The Moscow Times
The government on Thursday appeared to be making progress toward its goal of influencing the global oil market as the Natural Resources and Environment Ministry published a proposal to create a reserve of lucrative oil fields.

Ruble Value A Cause for Concern

Reuters
A further appreciation of the ruble against the dollar/euro basket by one or two rubles is a cause for "concern," Central Bank Chairman Sergei Ignatyev told a news conference on Thursday.

2 Gunmen Killed in Nalchik

The Moscow Times
Two armed insurgents were killed in a massive police operation Thursday in Nalchik, the capital of the North Caucasus republic of Kabardino-Balkaria, authorities said.

End of Road For Deadly Stockpile

The Associated Press
After years of delays and disputes, a vast facility to destroy chemical weapons will formally open Friday in Shchuchye, a west Siberian town of 11,000 people.

No Jail for Nationalist Leader Found Guilty of Hate Speech

The Moscow Times
A Moscow court on Thursday convicted the ex-leader of the radical Movement Against Illegal Immigration, or DPNI, of hate speech at an ultranationalist rally two years ago and handed him an 18-month suspended sentence.

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