
Moscow Metro needs steady financing
The Moscow Metro will "collapse" without consistent funding for the construction of new lines, a senior Metro official said Tuesday.

The Moscow Metro will "collapse" without consistent funding for the construction of new lines, a senior Metro official said Tuesday.

Average monthly price of supply in second lodging market in Moscow and near Moscow has increased by 5.2% and came to $1015 per square meter,

An insurance company "NASKO Tatarstan" will open branch office in Samara,

Great Britain has invited finance ministers and heads of central banks of Brazil, China, India and South African Republic to visit the meeting of their colleague from counties of G7 which will be held 3 December in London.

Russian Ministry of Nature has suggested allowing natural person to take part in gold mining. Only juridical persons can be engaged in gold mining in Russia now.

Volume of orders, signed in only two first days of international Dubai air show 2005 in United Arab Emirates is more than $20 b. The landlord made the beginning.

Gazprombank, the third biggest bank of Russia intends to sell more than 30% of stocks to the foreign investor next year.

European Committee approved purchase of "Sibneft" control share holding by "Gasprom".

According to estimates of World Wide nature Fund, annual losses of Russia because of illegal timber cutting amount to $1-2 milliards.

European commission particularly charges Lithuania with accumulation of superfluously heavy stocks of pork, fowl, butter, powdered milk and rice.

Zaporozh motor-car factory has finally clarified with its plans of expansion to Russian market: 30 thousand of automobiles (Lanos T150 model) will be delivered to Russia in 2006.

Specialists of "Mosgortrans" say cable network which supplies tram and trolleybus lines in the capital is on the verge of crisis.

The Egyptian minister of foreign commerce and industry Rashid Muhammad Rashid arrived with a two-day official visit in Moscow.

In opinion of Anotoly Chubais, crew of Putin didn`t use favorable economic situation of recent years.

Cisco Systems Inc. on Friday said it would buy Scientific-Atlanta Inc., a leading maker of cable-television set-top boxes, for $6.9 billion, moving the Internet equipment giant into the home entertainment market.

Appropriate decree was signed by premier-minister Mikhail Fradkov on November 17, 2005.

Alexey Kudrin had 20 minutes for acquaintance with production of Cheboksary "Promtractor". He dared to sit at steering-wheel of the latest model invented by Chuvash tractor constructers. This way business visit of minister of Finance Alexey Kudrin to Chuvashia has started.

The head of Ministry of Nature Yuri Trutnev announced that reserves of Russian gas will last for at least 70 years.

Problems of agriculture were discussed on meeting under chairmanship of governor Vyacheslav Pozgalev. The matter concerned program of regional development in 2006-2010. Specialists of agricultural, provisional, economic and financial departments participated in meeting.

State Duma in the second reading passed the bill, according to which from January,1 2006 Russians will get one time grant after the birth of a child and the amount of the benefit will come up to 8thousand rubles.

Pusan, November,19 - 13th summit of Asian-Pacific Economic Cooperation ended up with passing of the final Pusan declaration.

Russian leading company "Gasprom" intends to sell gas to a big French enterprise, competing with "Gaz de France" (GDF).

State Duma of Russian Federation held three readings of the bill, canceling government duties on foreign passports. As a result, all deputies passed the bill.

November,18 - In the capital of a self-proclaimed republic Pridnestrovye government announced opening of mint.

In October, in comparison with last month consumer prices increased by 0,2%. Prices for nonfoods and chargeable services became 0,3% and 0,2% higher accordingly.