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. Last Updated: 07/27/2016


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Planes Collide in Air Show Rehearsal

Two Su-27 fighter jets collided in midair above the Moscow region town of Zhukovsky during a rehearsal for an air show on Sunday, killing one pilot and injuring five people on the ground.

Merkel Welcomes Russian Cash in Germany

Medvedev says the crisis is a good time to invest in Opel, Infineon and other companies because it has made them less expensive.

With Many Foreign Parts, Sukhoi Jet Doesn't Make State Fleet

A state carrier responsible for flying top Kremlin and government officials won't include the new Sukhoi Superjet 100 in its fleet because the jet uses too many foreign parts.

At Least 20 Killed in Ingushetia Suicide Attack

A suicide bomber exploded a truck at a police station in Russia's restive North Caucasus region on Monday, killing at least 20 people and wounding more than 100 others, officials said. Posted 1:15 p.m.

Ruble Jumpy on Devaluation Worries

The Central Bank and prominent lawmakers say the ruble does not need to be devalued, but a 10.9 percent drop in GDP and a large projected federal deficit have some second-guessing.

Ministries Finalize Monocities Plan

The government has chosen criteria under which 400 towns and cities that rely almost exclusively on one employer will be eligible for 10 billion rubles ($315 million) of state assistance next year.

Alrosa Sells Gas Firms to Pay Debts

Alrosa, the state-run diamond monopoly, will sell two oil and gas assets to VTB, its main creditor, for $620 million, an Alrosa source said Friday.

Russian, Venezuelan Venture to Get $30Bln

Combined Reports
Petroleos de Venezuela and a group of Russian oil companies plan to spend $30 billion on a joint venture in Venezuela’s Orinoco region, Deputy Prime Minister Igor Sechin said Friday in St. Petersburg.

Rogozin: Search for Ship Under Control

The search for a missing cargo ship and its Russian crew is “under control,” and Moscow does not need any additional help, Russia’s envoy to NATO, Dmitry Rogozin, said Saturday.

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