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MOSCOW. (RIA Novosti economic commentator...

MOSCOW. (RIA Novosti economic commentator Mikhail Belov) - The next two months will see several "premieres" from the auto industry since three foreign car assembly plants will open in Russia in a row.


The U.S. is ready to help Russia in bringing...

The U.S. is ready to help Russia in bringing to justice those responsible for Monday"s blasts in Moscow subway, U.S. President Barack Obama told his Russian counterpart in a phone conversation.


MOSCOW, May 19 (RIA Novosti) - Russian vodka...

MOSCOW, May 19 (RIA Novosti) - Russian vodka output declined 2% year-on-year to 37.3 million decaliters in the first four months of 2008, the country"s National Alcohol Association said on Monday. Ethanol production fell 27.6% year-on-year to 13.9 million decaliters in January-April 2008. According to official statistics, wine output went up 10.5% year-on-year to 15.6 million decaliters in the first four months of 2008. Russia produced 5.2 million decaliters of champagne and sparkling wines in the reporting period, up 16% against the same period last year, and cognac production increased 19.6% year-on-year to 5.2 million decaliters. The output of low alcohol drinks doubled year-on-year to 13.1 million decaliters in January-April 2008.

Sports

MOSCOW, May 20 (RIA Novosti) - Russia has...

"Ukraine requested the loan in February 2009. The issue has been considered, and at the current moment, the loan has not been issued, a decision on the loan has not been made," Dmitry Pankin told RIA Novosti.

He added that Moscow and Kiev, which is seeking NATO and EU membership, were continuing to maintain contacts on cooperation in the financial sphere.

Some media reports earlier said Russia could agree to grant Ukraine a $5 billion loan if Kiev spent $3 billion of the total on Russian gas deliveries.

Meanwhile, Ukraine has received two loan tranches of $4.5 and $2.8 billion, respectively, as part of a $16.4 billion loan program provided by the International Monetary Fund (IMF) to stabilize its economy, which had been seriously hurt by the current economic meltdown.




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