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Russian Railways (RZD) could impose fines...

Russian Railways (RZD) could impose fines on Siemens AG for several technical problems experienced by a high-speed train built by the German engineering giant for Russia, the RZD chief said.


MOSCOW, September 9 (RIA Novosti) - Some...

MOSCOW, September 9 (RIA Novosti) - Some $1.5 billion was invested in central Russia’s Novgorod Region in 2004-2008, the region’s governor said on Wednesday.


Russian energy giant Gazprom plans to spend...

Russian energy giant Gazprom plans to spend some 14.9 billion rubles ($505 million) on oil and gas offshore development in India and Vietnam in 2010, a business daily said on Tuesday.

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Russian Foreign Minister Sergei Lavrov said...

Ban is currently on an official visit to Moscow to take part in a meeting of the Middle East Quartet of international mediators and met Lavrov on Thursday.

"We have highlighted the importance of doing everything possible at this stage to ensure renewed talks between the Israelis and Palestinians," Lavrov said after the meeting.

Ban said that after the Quartet"s meeting in Moscow he will travel to Israel and Gaza. He intends to hold talks with both the Israelis and the Palestinians and evaluate the humanitarian situation in the region.

He added that there is no alternative to direct talks between the Israelis and the Palestinians and the UN will call on both to resume the negotiations.

Israel last week announced the go-ahead for the building of 1,600 housing units for Jewish families in the disputed area of East Jerusalem just as the Middle East peace talks were restarting after a 15-month break. The Palestinian authorities have threatened to halt negotiations

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