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A historic discovery was made on January...

A historic discovery was made on January 28, 1820. A Russian navy expedition under the command of Faddei Bellingshausen and Mikhail Lazarev sighted the last of the remaining unexplored continents - Antarctica.


MOSCOW, April 6 (RIA Novosti) - Russian...

MOSCOW, April 6 (RIA Novosti) - Russian energy giant Gazprom will invest at least 68 billion rubles ($2 billion) in the construction of facilities for the 2014 Winter Olympic Games in Sochi by 2012, a business paper said on Monday.


Russia"s first Formula One racer Vitaly...

Russia"s first Formula One racer Vitaly Petrov said on Wednesday he will wear a black armband during his next race in memory of the victims of the two terrorist attacks in downtown Moscow.

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MOSCOW, September 24 (RIA Novosti) - A U.S...

"Mr. Prokhorov"s background raises questions about his fitness to be the owner of a high-profile NBA franchise. Both Mr. Prokhorov"s business and personal history have come under intense scrutiny in his home country and abroad," the website cited Bill Pascrell as saying.

Russia"s wealthiest person, according to the latest Forbes estimate, signed on Wednesday a letter of intent with New Jersey Nets owner Bruce Ratner to acquire a majority stake in the club and to take part in Ratner"s Atlantic Yards mega-development project to construct a sports, residential and business complex in Brooklyn.

"According to documents released by the Empire State Development Corporation, [U.S.] taxpayers are providing over $2 billion dollars in financing and direct grants towards the Atlantic Yards project," Pascrell said.

The congressman said that U.S. taxpayers would be "directly subsidizing the profits and business risks of this [Prokhorov"s Onexim Group] foreign corporation, whose

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