Russia and Ukraine are blaming each other for the crisis, which has struck at the height of the European winter and spread alarm across the continent.
The Russian and Ukrainian gas companies have not reached an agreement yet concerning the gas supply agreement for 2009.
Ukrainian state energy company Naftogaz yesterday accused Russia’s Gazprom energy giant of [...]
The Russian presidential candidates have begun campaigning in earnest Monday and have taken part in the first televised debate. But Dmitry Medvedev, the Kremlin-favored candidate expected to win the March 2 election, has refused to take part, choosing instead to chair a presidential council meeting on national social projects.
In this first debate, aired Monday evening [...]
Georgian President Mikhail Saakashvili has been inaugurated for his second term, as another protest over the election result was held in Tbilisi.
Opposition Protests, who claim the recent election was rigged, have vowed to keep the pressure on the pro-western leader and they are planning legal action to secure a recount of the vote. They say [...]
Russia’s top military chief, General Yury Baluevsky said yesterday that Russia could use nuclear weapons to defend itself.
Speaking at a conference at the Academy of Military Sciences in Moscow, General Yuri Baluyevsky said that,
to protect Russia’s interests, military force can and must be used when all else fails.
“We have no plans to attack anyone, but [...]
Since enhancing its traffic enforcement, the Russia police service has seen road incidents dropped by half compared to the same period last year.
Russia police service had implement tough new measures to combat reckless driving, which results in around 30,000 road deaths each year in Russia. Several hundred drivers have already received civil imprisonment while hundreds [...]
AM Kellogg Co. (K), cereal and convenience foods manufacturer, announced on Thursday that it acquired Russian biscuit and cereal maker United Bakers Group, the terms of the deal were not disclosed.
United Bakers is a leading producer of cereals and biscuits in Russia, its brands include Yantar and Lyubyatovo, It had about $100 million in sales [...]
President Vladimir Putin heads to Bulgaria this week, this may be the Russian President’s last foreign trip before the March Presidential election, Mr Putin is definitely stepping on the gas.
Vladimir Putin is expected to push a Kremlin plan to build a web of pipelines that would cement Europe’s dependence on Russia’s energy supplies during his [...]