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. Last Updated: 07/27/2016

05/27/2010

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Chubais Courts U.S. Fund Managers With Nanotechnology

A group of visiting U.S. fund managers heard a pitch Wednesday from Rusnano chief Anatoly Chubais, who sought to convince them that he could turn nanotechnology into a $30 billion industry by 2015.

Softer Jail Rules Proposed for Ill Suspects

Federal prison officials have proposed that suspects diagnosed with one of 40 illnesses remain free while investigators build cases, after two high-profile deaths in pretrial detention since November. “We paid an expensive price for those proposals,” said a public watchdog.

Sovkomflot Will Ship Oil to China via Arctic

State-owned Sovkomflot has agreed to carry oil to China across the Arctic Ocean, a top state banker said Wednesday. The announcement came after VEB's board convened earlier in the day to approve $293 million worth of ice-breaking tankers.

Saakashvili Targets Russia at First Post-War Military Parade

Georgian President Mikheil Saakashvili celebrated his country's independence day Wednesday with the first military parade since Russia routed Georgia in a brief 2008 war and with a new round of verbal cannonade against Moscow.

Iran Decries Russian Support for Sanctions

Reuters
Iran's Mahmoud Ahmadinejad called on President Dmitry Medvedev to rethink Russian support for new UN sanctions against Iran. But in Moscow, Kremlin aide Sergei Prikhodko said the Iranian president should refrain from "political demagoguery."

EU Questions Russia Over Magnitsky's Death

Combined Reports
A senior European Union official questioned Russia's interior and justice ministers on Wednesday about the pretrial detention death of Hermitage Capital lawyer Sergei Magnitsky.

Stocks Bounce Back, Ruble Firms Up

Bloomberg
Russian stocks surged the most in more than 10 months, repairing losses from Tuesday, and the ruble climbed as rising commodity prices boosted Russia's outlook.

Putin, Sechin to Interrogate Metals Firms on Price Increases

Reuters
The ministers will question metals firms next week, various sources said, amid complaints from carmakers and oil companies that price increases are decimating their margins.

Russia Says U.S. Missiles in Poland 'Don't Help Trust'

Reuters
The Foreign Ministry on Wednesday broke its silence about the United States' deployment of Patriot missiles in Poland, criticizing the move as not helping security or trust.

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