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. Last Updated: 07/27/2016

12/11/2008

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Moscow Region Land Prices Plunge

Sky-high prices for land in several prestigious areas of the Moscow region have come crashing down as banks stop offering loans and developers are forced to cut back on their investment plans.

Falling Oil Production Threatens Pipeline Plans

Reuters
Lower output, excess capacity and limited funding could render the planned BTS-2 pipeline to the Baltic Sea useless.

Moscow Kicks Off Preparations for Eurovision

At Moscow's first Eurovision event on Wednesday, Dima Bilan sang a cappella, Russian folk dancers glided to balalaikas and Mayor Yury Luzhkov promised that gay fans would have a good time in Moscow -- as long as they didn't hold a gay parade.

Lawmakers Slam Blog Post on Alexy's Death

The Moscow Times
Renowned designer and Russian Internet personality Artemy Lebedev has outraged senior lawmakers and Russian Orthodox Church officials with an ironic blog post about last week’s death of Orthodox Patriarch Alexy II.

Daimler Considers Stake in KamAZ

Combined Reports
Daimler's truck unit will announce by year's end whether it plans to acquire a stake in truck maker KamAZ, Daimler said Wednesday.

Argentine President Seeks Closer Ties

Combined Reports
Argentine President Cristina Fernandez called for a closer partnership with Russia at Kremlin talks on Wednesday, becoming the latest Latin American leader seeking to deepen ties with Moscow.

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