In St. Petersburg today, Russian President Vladimir Putin but out a call for development of alternatives to the World Trade Organization. He would like to see a greater role for regional currencies and opportunities for developing economies. He was speaking at an economic forum where he said that the current international economic organizations were out [...]

Suzuki Motor Corporation has made an agreement to spend $115 million on construction of a plant in St. Petersburg. The plant will produce the Grand Vitara and SX4 models. The deal will be part of a joint venture between Suzuki and the Itochu Corporation. One of the factors that led to the decision was that [...]

A national park has been created in Russia in order to protect and preserve Siberian tigers according to an international conservation group. The park, which has been named Zov Tigra National Park, will be the countries first of its kind in terms of providing protection for a species. The name of the park translates to [...]

One of the more bizarre acts on NTV is a new talk show called “Bitch Love” which is hosted by a drag queen named Zaza Napoli who also performs as a cabaret act at gay clubs. On the TV show, Zaza talks to people who had been famous in the early 1990′s to get their [...]

Parmalat, the Italian dairy company, is planning on investing up to 600 million euros ($812 million)this year on acquiring companies located in emerging economies and markets according to the Parmalat CEO Carlo Prevedini. The Italian newspaper Corriere della Sera also reported Tuesday that one of those emerging markets is Russia. Prevedini said that Parmalat is [...]