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MOSCOW, November 17 (RIA Novosti) - Russia"s...

MOSCOW, November 17 (RIA Novosti) - Russia"s Energia space corporation has received a long-awaited loan worth 2.9 billion rubles ($106 million) from state-run savings bank Sberbank for spacecraft construction, the company said on Monday.The two-year loan will enable the company to continue producing the Progress cargo ships and Soyuz manned spacecraft used for missions to the International Space Station (ISS)."The deal was closed on November 14, 2008," Energia said. Energia President Vitaly Lopota earlier said the government had delayed the loan for several months over a liquidity shortage. He also said the funds for new spacecraft were allocated from the state budget and would be spent during the first year of construction, while two or three years were needed for a project to effectively produce and modernize Soyuz and Progress ships. Energia is one of Russia"s leading aerospace companies and an experienced developer and producer of aerospace hardware. The company has a good record of achievements, including the Soviet Union"s first satellites, the Vostok manned spacecraft, and the Mir orbiting space station. Energia is also the main contractor for the ISS"s Russian segment.


NATO will continue to use Georgia for as...

NATO will continue to use Georgia for as long as it can by dangling the "carrot" of membership in the military alliance in front of it, Russia"s NATO envoy said on Tuesday.


MOSCOW. (RIA Novosti economic commentator Vlad Grinkevich)

MOSCOW. (RIA Novosti economic commentator Vlad Grinkevich)

Politics

Presidents Barack Obama and Dmitry Medvedev...

However, this discussion proved no more successful than the climate change conference proper, as the two heads of state emerged from the talks saying almost in chorus that they still needed to finalize technical details. In diplomatic code, this usually means there are serious predicaments hampering an agreement.

In this case, there are problems with the verification regime. In any case, a new START treaty is unlikely to be signed in Copenhagen or before yearend at all. The negotiators are already on holiday and will not meet until mid-January. Therefore, the presidential agreement can only be finalized next year and not necessarily soon.

To sign a new START treaty is not a goal in itself and will not resolve all the current nuclear issues, despite the high hopes voiced by the media and PR professionals serving the Russian and U.S. government agencies.

The document will certainly have symbolic significance, primarily for the two presidents: it will be Medvedev"s

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