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MOSCOW, September 10 (RIA Novosti) - The...

MOSCOW, September 10 (RIA Novosti) - The largest in Europe and the only in Russia indoor speed skating centre opened in Moscow on Thursday. At the opening ceremony Moscow Mayor Yuri Luzhkov expressed gratitude to the International Skating Union for "trust due to which it was decided to hold the world speed skating championship of 2005 in Moscow back before the beginning of the construction of the centre." "The time when we held the championships of Russia in Berlin has passed, and new champions will now come into being here, in Moscow," Mr. Luzhkov said. The Krylatskoye speed skating centre is included in the Olympic River programme of building sports facilities. It is Russia"s only indoor complex with a 400-metre international-level speed skating track and the world"s sole skating rink where specially prepared water will be used for making ice. The new centre is an up-to-date five-storey building including an ice arena with three speed skating tracks and a circular track, and ice-hockey and figure skating rinks. The stands have a seating capacity of up to 10,000. A medical centre, a hotel for athletes with accommodation for 50, and a parking lot for 500 motor vehicles also form part of the centre. The complex with an artificial ice field will enable athletes to train all year round. From February 4 to 6 the Krylatskoye centre will host the world speed skating championship in which more than 1,000 athletes from 20 countries are expected to take part.


The proceeds from the sale of assets of...

The proceeds from the sale of assets of the now defunct oil company Yukos were spent on establishing a fund for housing and utilities sector reforms, Prime Minister Vladimir Putin said on Thursday.


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MOSCOW, November 12 (RIA Novosti) - Russian...

but the efficiency of spending leaves much to be desired. Moreover, part of the funds is almost openly stolen by officials, at a time when unemployment and mass poverty in the Caucasus have reached extreme scales," he said.

Medvedev said a Cabinet post dedicated to tackling problems in the North Caucasus would soon be created.

The president said the list of investment projects to be formed should include energy, construction, tourism and agriculture-related ones. He also called for entrepreneurship and investment activity to be stepped up in the region to get rid of unemployment and enhance living standards.

Militant attacks and clashes remain common in Russia"s North Caucasus, even though the Kremlin campaign to fight separatists and terrorists in Chechnya has officially ended. Violence often spills over into nearby republics, in particular Ingushetia, Dagestan and Kabardino-Balkaria.



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