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A tropical cyclone brought heavy rains and stormy wind to the Kurile Islands Wednesday night
A tropical cyclone brought heavy rains and stormy wind to the Kurile Islands Wednesday night, the Sakhalin hydrometeorological service said. The precipitation on the islands was estimated at 25-40 millimeters and the wind force reached 25-27 meters per second. The cyclone's epicenter was above the central part of the archipelago, near Urup Island. The storm has spread to all the islands and is currently moving northeastward to the Kamchatka peninsula.
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Russian and Norwegian financial watchdogs have agreed to conduct parallel inspections in the oil and gas production sectors
The Russian Economic Development Ministry has raised the 2006-2008 inflation forecast due to increased government spending
Russia's oil production and exportation levels in 2005 may turn out higher than predicted
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Russia's Federal Space Agency and its major space rocket manufacturer, Energia, are working on a new space tourism project
Former Russian Prime Minister Mikhail Kasyanov's dacha sales contract has come under the scrutiny of the Prosecutor General's Office
The Severnaya Verf company in St. Petersburg will start the construction of a new military coastal vessel for the Russian navy
The successful launch of the space shuttle Discovery is good news for the future of the International Space Station
China had abandoned its currency peg and revalued the yuan sparked the busiest day ever for electronically traded foreign exchange futures at the Chicago Mercantile Exchange
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Alexander Zhukov forecasted economic growth, thanks to soaring prices for the country's main export commodity - oil
Police have stopped the activity of a drug dealing group in the Moscow region
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Last Friday, Finance Minister Alexei Kudrin warned that inflation may reach 11% this year
State Duma speaker Boris Gryzlov called for the introduction of a state monopoly on sales of ethyl alcohol
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