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A new-generation Tu strategic bomber will...

A new-generation Tu strategic bomber will be developed by 2017, Russian aircraft maker Tupolev said on Wednesday.


Russia"s presidential envoy arrived to the...

Russia"s presidential envoy arrived to the country"s Baltic exclave of Kaliningrad shaken by a large-scale anti-government protest rally last week, a Kremlin spokesman said on Tuesday.


SUKHUMI, August 12 (RIA Novosti) - Moscow...

SUKHUMI, August 12 (RIA Novosti) - Moscow has no plans to redeploy its Black Sea Fleet warships from Ukraine to Abkhazia, the Russian defense minister said on Wednesday. Russia"s Black Sea Fleet uses a range of naval facilities in Ukraine"s Crimea, including the main base in Sevastopol, as part of a 1997 agreement under which Ukraine agreed to lease the bases to Russia until 2017. Ukrainian President Viktor Yushchenko announced last summer that Ukraine would not extend the lease of the Sevastopol base beyond 2017, and urged the Russian fleet to start preparations for a withdrawal. "We will stay put in Sevastopol," Anatoly Serdyukov said in reply to a question from a reporter. He also said Moscow would not increase the number of troops either in Abkhazia or South Ossetia, which Russia recognized as independent last August after a five-day war with Georgia over the latter. Asked whether Russia was planning to increase its military presence in the two former Georgian republics, Serdyukov said, "No. Why? It is sufficient." Prime Minister Vladimir Putin, who made a one-day visit to Abkhazia on Wednesday, said earlier in the week that Russia would allocate 15-16 billion rubles (over $465 million) in 2010 to strengthen Abkhazian borders, frontier troops and bases.

Politics

MOSCOW, September 24 (RIA Novosti) - A U.S...

"Mr. Prokhorov"s background raises questions about his fitness to be the owner of a high-profile NBA franchise. Both Mr. Prokhorov"s business and personal history have come under intense scrutiny in his home country and abroad," the website cited Bill Pascrell as saying.

Russia"s wealthiest person, according to the latest Forbes estimate, signed on Wednesday a letter of intent with New Jersey Nets owner Bruce Ratner to acquire a majority stake in the club and to take part in Ratner"s Atlantic Yards mega-development project to construct a sports, residential and business complex in Brooklyn.

"According to documents released by the Empire State Development Corporation, [U.S.] taxpayers are providing over $2 billion dollars in financing and direct grants towards the Atlantic Yards project," Pascrell said.

The congressman said that U.S. taxpayers would be "directly subsidizing the profits and business risks of this [Prokhorov"s Onexim Group] foreign corporation, whose

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