Morocco is about to launch a wide advertising campaign on the Russian market. The first attempt is initiated by the Morocco Centre for the Promotion of Exports

Gazprom aims to become a global energy source as it looks to purchase strategic foreign assets of the power monopoly RAO Unified Energy Systems

YUKOS has sold off one of its assets to Russneft to pay down its debts to Menatep Group and foreign banks

Italian Prime Minister Silvio Berlusconi blames Ukraine for gas shortage. Ukraine admits the fact but refuses to reveal the amount

Russia is expected to introduce a graphic symbol for its national currency. The State Duma, its lower chamber, has passed in first reading a bill on how the rouble would look like from now on

Russia hopes to boost its IT industry and lead in it in the near future. The State Council gathered in Nizhny Novgorod to discuss the outlook

Video International has announced a suspension on all of its TV advertising contracts due to a new bill under consideration at the State Duma

Russia outclassed Sweden in a match that saw Russian fans roar. It all started with Alexey Kovalyov’s long shot in the second period followed by Alexander Ovechkin and Maksim Sushinsky

Russian female speedskaters won bronze in Final B team pursuit. Yekaterina Lobysheva, Yekaterina Abramova and Svetlana Vysokova were faster than Japanese athletes – Ishino Eriko, Otsu Hiromi, and Tabata Maki

Russia is against the pullout of its peacekeeping troops from South Ossetia, something Georgia insists on. Its parliament gave a negative estimate of the role of the Russian troops in this embattled Caucasian zone and even classified Russia's actions as occupation.