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MOSCOW, June 5 (RIA Novosti) - A chief inspector...

MOSCOW, June 5 (RIA Novosti) - A chief inspector at Moscow"s financial watchdog has been detained on suspicion of taking bribes, the Federal Security Service (FSB) said in a statement on Thursday.Sergei Smirnov, the chief inspector at the Federal Financial and Budget Monitoring Service (Rosfinnadzor), was detained on June 3. He is accused of extorting 500,000 rubles ($21,000) from a Moscow businessman after discovering a financial irregularity during an audit. The financial breach would normally result in a fine of up to 60 million rubles ($2.5 million) for the offending company.


MOSCOW, October 5 (RIA Novosti) - Alrosa...

MOSCOW, October 5 (RIA Novosti) - Alrosa, Russia"s largest diamond miner, said on Monday it sold diamonds worth $1.34 billion in January-September 2009, including sales to Russia"s State Depository for Precious Metals.


Russia expects that the Gas Exporting Countries...

Russia expects that the Gas Exporting Countries Forum (GECF), a "gas equivalent" of the OPEC oil cartel, will become an effective tool for coordinating the international gas industry, Prime Minister Vladimir Putin said on Wednesday.

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Russian President Dmitry Medvedev has welcomed...

and political rehabilitation in recent years, paving the way for closer relations with Russia and the West.

Medvedev also noted positive changes in Sudan.

"Along with the Arab League member-states, [we] are in favor of a speedy political solution to the Darfur problem. [We] will continue to actively participate in this process. [We] pay attention to the issue of securing stability in the Persian Gulf zone."

"To this end [we] will continue to push through a concept to create a security system in this region, involving all of the countries in the region, with the support of other interested parties."

The civil war that broke out in the western region of Darfur in early 2003 has claimed the lives of more than 300,000, according to United Nations estimates, and forced 2.7 million people from their homes. The Sudanese side puts the number of dead at 10,000.

Several Sudanese rebel groups have recently signed peace accords with the government

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