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Massive blaze devastates Russian library housing unique documents, Ancient texts

'Massive blaze devastates Russian library housing unique documents, ancient texts ' Russia Today: January 31, 2015One of Russia's largest academic libraries, which contains millions of unique historic documents, has gone up in flames in Moscow. Show More Summary

Today's Headlines

Bloomberg: Germany Warns Greece Against Isolation as Tsipras Shunned. Greece’s government risks isolation in the European Union by threatening to break ranks on sanctions against Russia and ditch its bailout deal, German Chancellor Angela Merkel’s minister for European affairs said. Show More Summary

Gorbachev: Ukraine Could Explode Into 'Hot War'

Mikhail Gorbachev, the Soviet Union's last leader and widely credited for helping end the cold war, today blamed the West and the US in particular for "dragging" Russia into what he says could be a larger, "hot war" over Ukraine. "Unfortunately I cannot say for sure that a cold war won't lead to a 'hot' one," Gorbachev was quoted. "I fear they could take the risk."

Today's Headlines

Bloomberg: EU Moves Toward Tougher Russia Sanctions as Greece Yields. European Union governments moved toward imposing further economic sanctions on Russia as Greece’s new administration refrained from casting a veto that could leave it isolated in Europe. Show More Summary

The Most Profitable Quarter of Any Company Ever

Greg Kumparak, writing for TechCrunch: This page charts the past record holders. Until today, Russia’s Gazprom (the largest natural gas extractor in the world) held the record at $16.2 billion in a quarter. Apple now holds the record: $18.04 billion in profit, fiscal Q1 of 2015. Absolutely. Show More Summary

Russia – Turkey Gas Pipeline Approved

  Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources.

Medvedev Warns Of "Unlimited Reaction" If Russia Cut From SWIFT

While nations around the world continue to de-dollarize, Russia signed into law its anti-crisis plan today (though details will not be released until tomorrow). Prime Minister Dmitry Medvedev, however, was quite vociferous in some of...Show More Summary

Today's Headlines

Bloomberg: EU Renews Push for Russian Sanctions; Putin Blames Ukraine. European Union leaders threatened to tighten sanctions on Russia as soon as Thursday over its support for pro-Kremlin rebels in eastern Ukraine, who are engaged in the worst clashes with government troops since a September truce. Show More Summary

Kremlin-Backed TV, Radio Services Hit by Budget Woes Amid Ruble Crisis

Russia Today reigns in expansion plans as Standard & Poor's slashes Russian debt ratings to "junk" status for the first time in a decade. read more

Bulgaria May Go Polish Route to MiG Modernization

SPRP MiG-29(click to view full) Like Poland, Bulgaria bought its MiG-29s back when it was a strategic buffer on the side of the Soviets. Which makes hardware upgrades a bit awkward today. Sending the old fighters off to Russia for refurbishment is awkward at a time when NATO is attempting to roust the impression of […]

Goldman On The Myths & Realities Of Russia's Oil Sector

Today's Russian downgrade pulled yet another raft of "smartest people in the room" to tell investors how screwed Russia is by low oil prices (and yet the US Shale industry is fine and will manage through this). However, Goldman Sachs...Show More Summary

Today's Headlines

Bloomberg: Ukrainians Direct Fury at Russia as Mariupol Victims Mourned. Ukrainians gathered to mourn 30 civilians killed by rockets in Mariupol, blaming Russia after the deadliest attack yet on the strategic port city, as fighting between government forces and separatists spread. Show More Summary

S&P Cuts Russia To Junk, Ruble Plunges To 6-Week Lows - Full Text

With the Ruble having plunged 3 handles today alone, it appears perhaps more than a few could see this coming... RUSSIAN FEDERATION RATINGS CUT TO JUNK BY S&P RUSSIAN FEDERATION CUT TO BB+ FROM BBB- BY S&P; OUTLOOK NEG Putting it below investment grade for the first time in a decade. Show More Summary

Russia Today ‘Outraged’ at Andy Lack Comments

Russia Today, the Russian-government-sponsored news channel, is blasting comments made by former NBC News president Andy Lack, who was sworn in this week as CEO of the Broadcasting Board of Governors. In an interview Wednesday with The...Show More Summary

More Isolation? Russia, China To Build $240 Billion High-Speed Rail Link

The ongoing 'isolation' of Russia took another turn for the un-isolated-er today when, as Bloomberg reports, China will build a 7,000-kilometer (4,350-mile) high-speed rail link from Beijing to Moscow, at a cost of 1.5 trillion yuan ($242 billion), Beijing’s city government said. Show More Summary

Imprisoned Russian journalist sentenced to new three-year jail term

New York, January 22, 2015--The Committee to Protect Journalists condemns the conviction and three-year sentence handed to critical reporter Sergei Reznik in Russia today and calls on authorities to overturn the verdict on appeal......

Robbie Rogers Slams FIFA's Decision to Host World Cup in Anti-gay Countries: 'Our Lives Don't Matter'

last weekLGBT / Gay : Towleroad

In a column for USA TODAY Sports this week, LA Galaxy player Robbie Rogers doubled down on his criticism of FIFA and its decision to hold the 2018 and 2022 World Cups in Russia and Qatar respectively. Both countries have...

Steampunk Iron Man Was, At Least, Actually Made Of Iron

Aleksandr Nikonov is a concept artist from Russia. We actually featured one of his drawings in a recent Final Fantasy roundup, but today we're looking at a whole range of his stuff. Read more...

Todays PicDump – January 21, 2015

Wedding ring went through garbage disposal In 1999, I asked a few folks to sign a birthday card for my mom’s 50th Life in rural Russia My whole car was covered like this. Never seen it before, but I like it. This 5-month-old puppy that lost its front legs has learnt to move around by […]

Russian e-commerce leader Ulmart to IPO, could be worth $6B

Ulmart, Russia’s leading e-commerce company, confirmed today its plan to go public next year in a yet-to-be-determined Western stock exchange.

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