UK-Russia Crossviews

Russia's Stock Market Appears Immune to Governmental Financial Injections

President Dmitry Medvedev pushed Wednesday for a larger role for Russia in global financial decision making at an international economic gathering in Evian, France, the same day trading on Russian stock exchanges was closed for two days after they suffered falls of more than 10 percent.

The inter-governmental commission meets every year to discuss various aspects of India and Russia's relations in the banking sector. Konstantin N. Korischenko, Bank of Russia Deputy Chairman, discusses the future of this industry and how it will flourish in the near future.

The leaders of the Eurasian Economic Community (Eurasec) will gather in the Kyrgyz capital Bishkek on October 10 to discuss joint measures to tackle the global financial crisis.

Japanese engineers intend to build an elevator to deliver cargo into space.

Russian President Dmitry Medvedev and Israel's interim prime minister, Ehud Olmert, are to discuss the situation in the Middle East, and the Iranian nuclear program at talks in Moscow on Tuesday.

Foreign policy advisors of the presidential candidates have explained how they see further relations with Russia.

Russian President Dmitry Medvedev has described his vision of new ways to tackle global political problems in his first ever internet address. Here is the transcript of his speech.

Russian President Dmitry Medvedev will address an international forum on global politics and security in France to propose the creation of a new European security system, the Kremlin website said on Tuesday.

The Russian government will inject an additional $US 36 BLN into the country's financial sector to prevent a major crisis.

Oil prices surging in the past decade were good for producers like Russia, but bad for consumers. When the crisis struck and skyrocketing prices took an irreversible toll on the global economy, oil prices declined as sharply as they had risen, causing uneasy feelings in the exporting countries. Now prices finally appear to have stabilized.

H.E. Mr. Prabhat Prakash Shukla, Ambassador of India to The Russian Federation, interview to Rossiskaya Gazeta

Recent developments became a confirmation of the previous diagnosis of the state the world's financial system based on the dollar as its leading currency. Its Russian appendage also was a little feverish. The "world's financial architecture" that currently looks very much like an ant hill made a mess of by stray teddy bears is likely to go through really dramatic changes.

Russian forces are withdrawing from the Samagrelo area in western Georgia as part of an expected pullout following the recent armed conflict between Moscow and Tbilisi over South Ossetia, Georgian television reported Sunday.

German Federal Chancellor Angela Merkel met with President Dmitry Medvedev in Russia soon after they addressed the St. Petersburg Dialogue Forum together.