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. Last Updated: 07/27/2016

01/17/2011

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BP, Rosneft in Landmark Swap

Positive experience gathered by BP in the aftermath of the Deepwater Horizon disaster contributed to Rosneft's decision to strike an $8 billion share-swap and wide-ranging cooperation agreement with the international oil giant Friday night.

Visa Offer Gets Cool Welcome From EU

EU diplomats have poured cold water on an offer by the Foreign Ministry to ease visa rules for Europeans if the liberal visa practices of some European countries are expanded throughout the Schengen zone.

10-Year Study Slams Police Crime Figures

The number of crimes in the country has grown drastically over the past decade, new research shows, debunking optimistic but unconvincing reports to the contrary favored by law enforcement agencies.

Inter RAO in $1.5Bln Deal for Northgas

Inter RAO tentatively agreed to buy 49 percent of minor natural gas producer Northgas in a bid to secure cheaper fuel for its growing electricity sales, an Inter RAO spokesman said Friday.

Microsoft Outpaces Market

Microsoft's revenue in Russia went up 25 percent in 2010, compared with overall software market growth of 15 percent, the company said in a statement released late last week.

Yabloko Rally Honors Slain Football Fan

Hundreds of young people rallied on Saturday to commemorate a football fan killed last month in an interracial brawl, but despite police fears, the event, organized by Yabloko and attended by nationalist leaders, ended peacefully.

Putin to Dismiss 5% of Staff Within Weeks

The Moscow Times
The federal government will trim its staff by 5 percent to 1,453 by late March to abide by the anti-bureaucracy, anti-corruption decree signed by Medvedev on Dec. 31, a spokesman for Prime Minister Vladimir Putin told reporters Friday.

Nemtsov Freed After 15 Days in Prison

The Associated Press
Opposition leader Boris Nemtsov was released Saturday after his arrest 15 days earlier at an anti-government rally where he called for Prime Minister Vladimir Putin's ouster. His arrest drew outrage in the West and prompted Amnesty International to name him a prisoner of conscience.

No State Help for Tourists in Tunisia

The Moscow Times
No federal agency moved to evacuate any of the 200-plus Russian tourists stranded in Tunisia by rioting dubbed the “Jasmine Revolution,” but some managed to leave Sunday aboard a regular Transaero flight.

Spy Suspect Busted With His Mother

The Moscow Times
An officer of an army unit stationed in the Southern Federal District has been arrested on charges of spying for Georgia together with his mother, who supposedly intended to transfer the data abroad, the Federal Security Service said Friday, Interfax reported.

U.S. Feared Russian Aid for Iceland

The Associated Press
Documents released by WikiLeaks reveal that cash-hungry Iceland asked for a $1 billion loan from the United States in 2008 to stop its economic collapse. Diplomatic cables published last week by the secret-spilling site include an October 2008 letter from Iceland's central bank governor, David Oddsson, to Timothy Geithner.

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