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North Korea stressed dialogue in improving...

North Korea stressed dialogue in improving relations with the United States as a key step toward a nuclear-free Korean Peninsula in a New Year"s message on Friday, the Yonhap news agency reported.


Russia"s aluminum giant RusAl said on Tuesday...

Russia"s aluminum giant RusAl said on Tuesday it had appointed two Hong Kong representatives as independent directors to its board of directors as the company was preparing an initial public offering (IPO) on the Asian trading floor.


MOSCOW, March 14 (RIA Novosti) - A consortium...

MOSCOW, March 14 (RIA Novosti) - A consortium of Germany"s RWE and Russia"s Sintez successfully bid $380 million in an auction on Friday to buy a 33.47% stake in the TGK-2 generating company from Russian electricity monopoly UES. The territorial generating company unites assets in five regions of central and northern Russia. The deal brings the UES stake in the company down from 49.36% to 11.38%. RWE is a German electric power and natural gas public utility company. The Russian electricity giant has also sold a 34.06% stake in another territorial generating company, TGK-6, to Integrated Energy Systems (IES holding) for 9.98 billion rubles ($421.3 million). TGK-6 operates in four Russian regions and in Mordovia in the Volga area. Both deals were part of UES reforms in which generating assets are being privatized.

Exhibitions

ASTRAKHAN (South Russia), September 16 (RIA...

The S-500 is currently at the blueprint stage at the Almaz-Antei company and is expected to be rolled out by 2012.

"This work is in progress...I think this system will appear in the near future," Col. Gen. Alexander Zelin said.

The new system is expected to outperform Russia"s most advanced S-400 as well as the U.S. Patriot Advanced Capability-3 system.

The S-400 Triumf (SA-21 Growler) is capable of intercepting and destroying airborne targets at a distance of up to 400 kilometers (250 miles), and can simultaneously engage up to six targets.

The S-500 is expected to have an extended range of up to 600 km (over 370 miles) and simultaneously engage up to 10 targets. The system will be capable of destroying hypersonic and ballistic targets.

Zelin said Russia"s Defense Ministry considers the delivery of S-400 air defense missile systems to the Russian Armed Forces a priority at present, although exports of these systems to other countries of the Commonwealth

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