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Competing with convention: RT’s pick of 2011

With 2011 almost over, it is high time to reflect on the teams and athletes that made an impact in the sporting world. While some were busy setting world records and helping their teams with trophies, others were winning in less conventional ways.

Unbearably cute! Siku the month-old polar bear (VIDEO)

Despite being so young, the cub – who lives in Denmark – already has millions of fans worldwide. He’s being hand-raised by the Scandinavian Wildlife Park, after his mother failed to produce enough milk to feed him.

Supercar super smash: $4 million freeway crash (VIDEO)

Altogether 14 cars, among them eight Ferraris, a Lamborghini and two Mercedes Benz, have collided in Japan’s most expensive car crash ever.

Fans riot after Oklahoma State victory: 13 injured (VIDEO)

Once Oklahoma State prevailed over its principal rival Oklahoma with a devastating 44–10 scoreline, the fans of the winners burst on to the playing field in thousands, tearing down goalposts and leaving 13 injured, two of them in critical condition.

Driver’s miracle escape on snow-bound Russian road (VIDEO)

A video has surfaced on the web showing a driver’s brush with certain death after almost crashing into a jack-knifing truck on a snowy road in Russia. The heart-stopping moment was captured on a video recorder installed in the car.

Denver police spill protesters' blood (PHOTOS, VIDEO)

The most violent clash between OWS supporters and the police so far has erupted in Denver, as the authorities attempted to dismantle an Occupy camp. The Internet is swamped with hundreds of angry messages and pictures of rubber bullet wounds.

Russian power duo riding high

Russia's president and prime minister have joined forces again, this time to get the harvest in.

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‘EU governance system to spread across whole planet’

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RTS index

Last index: 1655.6 on 09.02.2012, 10:40

Last closing: 1643.53

RTS index

By RTS data

MICEX index

Last index: 1554.96 on 09.02.2012, 23:35

Last closing: 1555.11

MICEX index

Data taken from MICEX

CURRENCY EXCHANGE RATES
  USDRUB_TOM 29.6743 -0.0711 10:26
  EURRUB_TOM 39.4807 0.0126 10:26
  EURUSD_TOM 1.3301 0.0032 10:26
  USDRUB_TOD 29.6773 -0.0395 10:26
  USDRUB_TOD 39.4639 0.0221 10:26
  EURUSD_TOD 1.3298 0.003 10:26
Data taken from MICEX
Blue chips
  Issue BID ASK Trade  
  SBER 95.99 96.01 95.99 0.88 %
  GAZP 189.43 189.49 189.43 0.42 %
  VTBR 0.07056 0.0706 0.0706 0.97 %
  ROSN 217.17 217.21 217.21 0.24 %
  GMKN 5966.23 5968.71 5967.2 0.61 %
  LKOH 1820.8 1821.17 1820.93 0.09 %
By RTS data
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RIA Novosti / Iliya Pitalev Today: 09:46

Market Buzz: Chinese data to affect Russian market

Russian market growth may prove sensitive to Chinese statistics on Thursday, analysts expect.

 
Russians started to prefer rouble mortgages 08.02, 19:50

Russians go for less 'exotic' Rouble loans

Russians are increasingly turning their backs on mortgages in “exotic” currencies and choosing the rouble, as they expect the domestic currency to devalue.

A pedestrian walks by a Eurobank advertisement featuring a one euro coin and the words "increases (Eurobank) the value of any new deposit" in Athens February 8, 2012 (Reuters / John Kolesidis) 08.02, 16:22 2 comments

Greek debt somewhere between comedy and tragedy

The Greek Government has apparently moved closer to agreeing a rescue deal which will provide it with a 130 billion euro bailout. But experts believe the new loan is not a cure.

 
Russia eyes luxury tax 08.02, 13:02 7 comments

Russia eyes luxury tax

Russia plans to introduce a tax on luxuries eyeing the European experience, although many experts doubt this ‘Robin Hood’ initiative will be successful.

A trader takes a break work on the floor of the New York Stock Exchange on February 3, 2012 in New York City (Spencer Platt / Getty Images / AFP) 08.02, 09:30

Market Buzz: No news from Greece will drive market bullish

Anticipation of an austerity agreement on a Greek bailout is engaging investors’ attention and the news vacuum may result in a short-term bullish trend for the market.

 
Russian mortgage market has big potential 07.02, 20:28 2 comments

Russian mortgage ripe for growth

The boss of the biggest mortgage company in Russia says because the market is still young it will learn from the mistakes of others like the United States.

RIA Novosti / Aleksandr Utkin 07.02, 16:33

VTB share buy-back not without its problems

VTB bank has worked out programme to compensate its minority shareholders for losses they suffered after the banks’ shares plunged following its IPO. Some believe the measure may harm the bank’s business.

 
RIA Novosti / Aleksandr Vilf 07.02, 16:26

Aeroflot spreads wings

Russia’s leading airline Aeroflot has cemented its position by posting the best results of any Russian carrier last year. Passenger numbers grew 25.6% or 14.1 million in 2011.

Greek economy needs investment into its real sector 07.02, 15:22

Bailout not the answer for Greece

Another bail out for Greece won’t rescue the country’s economy, says Trevor Evans from the Berlin School of Economics In Law. Talking to RT he says to recover it needs investment in the real economy.

 
Ad spend is expected to show a double digit growth of 16.5 percent in 2012 07.02, 14:15

Russian ad business bucks the crisis trend

Crisis or not, companies in Russia are splashing out on advertising. Ad spend is expected to show a double digit growth of 16.5 percent in 2012, according to a survey by the UK-based WARC marketing information service.

News from Greece remain in the focus of investors' attention 07.02, 09:49

Market buzz: All eyes on Greece

Statistics flowing from Europe and the US are expected to be poor on Tuesday, leaving “the Greek factor” the major foreign market driver. Russian indices may begin to fall following five weeks of growth, analysts say.

 
(RIA Novosti / Alexandr Kryazhev) 06.02, 17:26 3 comments

Russian grain unlimited

The Russian Government says it won’t introduce curbs on grain exports as it considers the country’s stockpile large enough to meet domestic demand. It has also increased the grain export forecast from 25 to 27mln tonnes.

Gold bars (RIA Novosti / Vitaliy Bezrukih) 06.02, 15:52

Speculation on Polyus share skyrocket

Russia’s biggest precious metals producer Polyus Gold has seen its shares skyrocket on Friday and continue on Monday. But the reasons for the sudden attractiveness of the company’s shares left many investors wondering.

 
Gazprom has acknowledged it reduced gas supplies to European customers 06.02, 14:09 2 comments

Gazprom supplies to Europe back to normal

Russia’s Gazprom has acknowledged it reduced gas supplies to European customers last week, but has already restored the shortfall.

Underground Gas Storage (RIA Novosti / Iliya Pitalev) 03.02, 19:37 1 comment

Russian energy industry needs more investment and efficiencies

Russia will remain China and India’s corner stone for energy for many years, says Fatih Birol, Chief Economist from the International Energy Agency. But it needs to invest more into the industry and learn to save energy.

 
The Russia Forum 2012. Day Two (RIA Novosti / Alexey Kudenko) 03.02, 19:14

Finance gurus say Russian economy must do better

Could do better is the ‘end of term’ report on Russia from experts meeting at the Russia Forum 2012 in Moscow.

Gas compressor station (RIA Novosti / Aleksey Nikolsky) 03.02, 12:45 5 comments

Mystery of the missing gas

With temperatures across Europe falling, so has supplies of Russian gas, and that’s got the bosses at Gazprom scratching their heads.

 
(RIA Novosti / Aleksandr Kondratuk) 03.02, 12:12

Lukoil executive: Iran tension to effect long term on oil market

Iran tension will be heating up oil prices for a long time, but they are unlikely to sky-rocket, according to Leonid Fedun, Vice-CEO of Lukoil.

US labour figures rule 03.02, 10:35

Market Buzz: US labor figures cast a long shadow

In the first half of Friday, Russian markets are expected to continue reacting to yesterday’s events. And the long- awaited US labor statistics will start driving the markets once they are released on Friday afternoon, Moscow time.

 
VTB bank brunch 02.02, 20:26

PM pushes VTB into share buy-back

VTB bank is considering a share-buy back scheme after its shares tanked in the years following its IPO in 2007. The bank has been levered into the decision after Prime Minister Vladimir Putin brought up the subject at the Russian Forum meeting.