Russian News: March 22nd, 2010!

Investing In Mother Russia:
While the world focuses on the debt problems facing Greece, Spain and the rest of the E.U., another European nation is beginning to roar back to life. With oil, gas and other commodity prices gaining steam, Russia is emerging from its doldrums.

Improving China-Russian ties:
Strategic partnership between China and Russia goes well despite global recession, except for some minor controversial issues about frontier trade.

Global gas glut could force Gazprom to refocus on Asian markets:
Russia’s gas industry faces an extremely challenging environment in the short to medium term, with both prices and market share coming under pressure, according to new research.

Moscow’s Arms Purchases Abroad Costing Russians Wages and Jobs at Home:
Moscow has long been proud of the sale of Russian arms abroad, but increasingly it is buying military equipment from foreign firms, a shift that is contributing to wage arrears and even unemployment in that Russia’s own military industry and quite possibly creating a potentially serious political problem for the Russian powers that be.

Russia retains lead in Paralympic medal count on final day:
The Russian team won eight Paralympic medals on the final day of the 2010 Paralympic Games in Vancouver, and retained its lead in the overall medal count.

Medvedev, patriarch congratulate Belarus Church head on 75th birthday:
Russian President Dmitry Medvedev and Patriarch Kirill of Moscow and All Russia on Sunday congratulated the head of the Belarusian Orthodox Church on his 75th birthday.

Putin to open sea cargo transportation route, hold talks with Danish PM:
Russian Prime Minister Vladimir Putin on Monday will take part in the opening ceremony of a trans-Atlantic sea cargo transportation route in St. Petersburg and hold talks with the Danish premier, the government said Sunday.

Tu-204 plane performs emergency landing near Moscow airport:
A Tu-204 plane with nine people on board performed an emergency landing one km from Moscow’s Domodedovo airport.

Ukraine’s new leadership seeks new gas deal with Moscow:
Ukraine’s new authorities are seeking a new gas deal with Moscow, offering Russia a stake in the Ukrainian gas transportation system in exchange for lower natural gas prices, a business paper reported on Monday.

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