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The lower house of the Russian parliament...

The lower house of the Russian parliament rejected on Friday a draft from the Liberal Democratic Party to make drug abusers criminally liable.


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MOSCOW, February 11 (RIA Novosti) - Russia"s...

MOSCOW, February 11 (RIA Novosti) - Russia"s anti-trust regulator will make a decision February 17 on a bid by the country"s second-largest bank, VTB, to buy a 30% stake in Polyus Gold, Russia"s leading gold producer, a spokesperson said on Wednesday. The Federal Antimonopoly Service warned, however, that it would have to reject the deal altogether unless the two parties provided information on final beneficiaries. Under anti-trust laws, the Federal Antimonopoly Service (FAS) is required to consider approvals within a month, but can postpone decisions for another two months if additional information is required. The FAS has been considering the VTB deal for three months already. "The application expires next Tuesday, on February 17. Unless we obtain the necessary information by that time, we will be forced to refuse them," Irina Kashunina said. Russian billionaire Mikhail Prokhorov, owner of the Onexim Group investment vehicle, and his former business partner Vladimir Potanin, who heads the Interros holding company, hold 30% each in Polyus Gold. Neither Onexim nor Interros has provided comment.

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MOSCOW, September 21 (RIA Novosti) - Russia"s...

"In late August 2009, an estimated 6.2 million people, or 8.1% of the economically active population, were classified as jobless," Rosstat said.

A total of 2.1 million Russian citizens were officially registered with government unemployment agencies, including 1.8 people entitled to unemployment benefits.

Russia has been hard hit by the global economic crisis, with most domestic businesses either laying off personnel or curtailing production amid declining demand.

According to European statistics, unemployment in the 27 EU member countries was 9% in July, with Spain and Latvia hit hardest with 18.5% and 17.4%, respectively. Only the Netherlands and Sweden have so far reported figures for August, with 3.5% and 9.4%, respectively.

The U.S. unemployment rate jumped to a 26-year high of 9.7 percent in August, according to U.S. Labor Department data.




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