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Russia

Russia faces elections with budget woes

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STRASBOURG, France (Reuters) - Russia's government has promised voters more social spending than it can muster without threatening the country's fiscal stability as elections approach, a deputy finance minister warned on Sunday.

Azerbaijan leader warns of army buildup at huge parade

BAKU (Reuters) - Azerbaijani President Ilham Aliyev, speaking during the biggest military parade in Baku since the fall of the Soviet Union, promised to boost army spending and gain control of the territories disputed with Armenia.

World , 8:03am EDT

Nets' billionaire owner takes on Russian politics

MOSCOW (Reuters) - The billionaire owner of basketball's New Jersey Nets took charge of a pro-business political party in his native Russia on Saturday, a move that could help reformists marginalized under Prime Minister Vladimir Putin.

World , 25 Jun 2011

Armenia, Azerbaijan blame each other for Karabakh failure

YEREVAN/BAKU (Reuters) - Armenia and Azerbaijan blamed each other on Saturday for failing to reach an agreement on a framework document that would set the stage for an end to their two decade-old conflict over Nagorno-Karabakh.

World , 25 Jun 2011

Russian oligarch elected head of pro-Medvedev party

MOSCOW (Reuters) - Russian billionaire Mikhail Prokhorov, owner of the New Jersey Nets basketball team, was elected leader of Russia's Right Cause party on Saturday and vowed to overtake the Communists as the No. 2 political party.

World , 25 Jun 2011

U.S. sanctions on Iran companies raise questions: Russia

MOSCOW (Reuters) - The sanctions imposed by the United States on a major Iranian port operator and the country's national airline may affect Russian companies and "raise serious questions," the Russian Foreign Ministry said on Friday.

Big powers press for progress on Karabakh conflict

MOSCOW, June 24 - Bitter neighbors Armenia and Azerbaijan are under pressure from global powers for a breakthrough on Friday in their long and bloody dispute over the mountainous territory of Nagorno-Karabakh.

World , 24 Jun 2011

Russia among EU neighbors to test nuclear safety

BRUSSELS (Reuters) - Russia and six other neighbors of the European Union agreed to follow the EU's lead by imposing new safety checks on their nuclear power stations, the EU's executive said Thursday.

"Transformers" holds world premiere in Moscow

MOSCOW (Reuters) - Russian film-goers will be the first to see the third sequel of the "Transformers" franchise at a Moscow premiere on Thursday, as Hollywood increasingly turns its attention to audiences in emerging markets.

Entertainment , Fashion , Film , 23 Jun 2011

Obama wants Russia trade vote before WTO deal: trade official

WASHINGTON (Reuters) - President Barack Obama wants Congress to approve "permanent normal trade relations" with Russia this year, before the former Cold War enemy finishes its negotiations to join the World Trade Organization, a U.S. trade official said on Wednesday.

Politics , 22 Jun 2011
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China's Wen sees struggle to control inflation

HONG KONG/BEIJING (Reuters) - Premier Wen Jiabao signaled for the first time that China would struggle to meet its 4 percent inflation target this year.