breakingnews
04.06.2009, 19:54
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Russian Prime Minister Vladimir Putin has rounded on closed enterprise bosses and local officials, demanding that wages be paid out by the end of Thursday. The money is reported to have already been transferred.
16.07.2009, 21:27
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The murder of Russian human rights activist, Natalya Estemirova, cast a shadow over the Russian-German talks. However, President Dmitry Medvedev said he is sure the murderers will be found.
14.11.2009, 20:26
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On Saturday Russia signed a final agreement with Slovenia paving the way for the South Stream gas pipeline project. Prime Minister Vladimir Putin says all European partners involved are now fully on board.
07.04.2010, 18:39
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The crimes of Stalin’s regime cannot be justified, Premier Vladimir Putin has said. He added, however, that Russians cannot be blamed for the 1940 massacre in the Katyn forest, where over 20,000 Poles were executed.
12.04.2010, 15:36
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How much do the Russian President and Prime Minister make a year? Information on the top officials’ incomes was revealed Monday. According to tax filing, last year Dmitry Medvedev earned $27,000 less than in 2008.
04.11.2009, 18:30
General Motors has withdrawn the sale of Opel to the consortium of Canada’s Magna and Russia’s Sberbank. Some experts believe the improving situation at the US car market was one of the reasons for the decision.
30.11.2009, 21:40
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Russian Prime Minister Vladimir Putin said that law enforcement must step up security after a terrorist attack on a Moscow-St. Petersburg train killed 27.
30.11.2009, 18:41
32 comments
Europe has long been condemning the communist regime, but none of the countries has gone as far as Poland, where a law was signed allowing people to be fined or imprisoned for keeping and buying communist symbols.
04.05.2010, 18:04
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Russian government spokesman Dmitry Peskov has criticized the organization Reporters Without Borders for describing Prime Minister Vladimir Putin as an enemy of a free press.
30.05.2009, 16:28
8 comments
Germany's Opel has been sold – with a joint-Russian-Canadian bid the winner in the race to buy one of Europe's oldest and most well-known carmakers.
Published: 05 November, 2009, 23:04
Edited: 06 November, 2009, 16:50
Opel’s German workforce vented its anger at General Motors pulling out of selling the firm to a Russian-financed consortium. “We’ll take into account this style of relationships with partners,” PM Putin said.
A deal is not a deal until everyone has signed contracts. GM never wanted to sell their European operations - they were forced into this because the US government was bailing them out with US taxpayers money and they wanted that money to be spent in the USA. The current situation is that GM's economic situation has improved to the extent that they can keep the European operations. The German government's offer of interest free loans made to Magna in return for not closing expensive plants in Germany would probably amount to an illegal subsidy under EU law and was probably not in the best interests of the company as a whole. As Germany has got away with Saxony's golden share in VW for years (preventing a foreign takeover of VW), they probably thought that the GM case would not be different. Ironically, the main reason GM wants to retain it's European operations is because Russia is seen as an important expanding market and they may prefer to sacrifice expensive plants in Germany for operations closer to their target market in Russia. Maybe Sberbank can get a different deal with GM directly, leaving Magna and the Germans out of the equation....