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MOSCOW. (RIA Novosti economic commentator...

MOSCOW. (RIA Novosti economic commentator Oleg Mityayev) - November 5 was a major milestone in Nord Stream AG history. Both Sweden and Finland authorized the construction of this seabed gas pipeline in their waters.


By Angela Stent, professor of Government...

By Angela Stent, professor of Government and Director, Center for Eurasian, Russian and East European Studies, Georgetown University School of Foreign Service; Senior Non-Resident Fellow, Brookings Institution; Vice Chair, World Economic Forum’s Global Agenda Council on the Future of Russia. Member, Council on Foreign Relations.


Sapsan, Russia"s first train capable of...

Sapsan, Russia"s first train capable of travelling at a speed of 250 kmph (155 mph), will make its first commercial run between Russia"s two largest cities on Thursday.

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Russian President Dmitry Medvedev praised...

Turkey"s first nuclear power plants.

Echoing the Russian leader, Erdogan highlighted the importance of energy ties and said their countries enjoy "an exemplary cooperation" in the sector.

Medvedev said he hoped Erdogan"s current visit will promote "stronger ties between our countries," which he said were important for "addressing complicated regional problems."

Turkey upset its close ally Azerbaijan by agreeing to open diplomatic relations with Armenia late last year.

The two bitter rivals have been locked in a dispute over Nagorny Karabakh since before the breakup of the Soviet Union. Russia has been driving efforts to reach a settlement in the conflict over the ethnic-Armenian region in Azerbaijan, which has been de facto independent since the 1990s.

Meeting with Erdogan later on Wednesday, Russian Prime Minister Vladimir Putin said global economic recession sent Russian-Turkish trade down 40% last year, from its all-time high of $35 billion

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