Briefing the press on June 16 in Moscow, Gazprom deputy chairman Aleksandr Ananenkov lifted a curtain corner on the company's investment and output prospects in the short-to-medium term (Interfax, June 17). Gazprom is set to substantially reduce capital expenditures in the next few years, starting... MORE

Following the controversial presidential election in Iran, the Turkish media coverage has revealed a mixed interpretation of events, and appears to indicate widespread support in the country for the re-election of the incumbent Mahmoud Ahmadinejad. Several hours after the polls closed in Iran the reformist... MORE

In his address to the Collective Security Treaty Organization's (CSTO) summit in Moscow on June 14, Kazakhstan's President Nursultan Nazarbayev assured his counterparts, above all the Russian President Dmitry Medvedev, that his country unreservedly supports all projects aimed at strengthening this organization. Indeed, Kazakhstan, surrounded... MORE

Kazakhstan is actively preparing to take over the OSCE's chairmanship next year. The challenges are daunting to any chairing country and the organization as such. According to multiple, though unofficial reports from the organization's Vienna headquarters, Kazakhstan has asked Finland to host an OSCE summit... MORE

Chechen President Ramzan Kadyrov has claimed repeatedly over the last several years that the republic's rebels have all but been wiped out. However, since the counter-terrorist operation was officially ended in April, authorities in Chechnya and neighboring Ingushetia have had to launch a number of... MORE

The top Russian military commander, the Chief of the General Staff and First Deputy Defense Minister Army-General Nikolai Makarov during the Paris air show this week said: "Georgia is saber-rattling and preparing weapons to resolve its territorial problems by any means." Makarov accused NATO of... MORE

Undersecretary of Defense Industries Murad Bayar told reporters that he is optimistic about the purchase of Super Cobra helicopters from the U.S. Navy, amidst reports that a Turkish delegation is visiting Moscow to discuss the procurement of Russian MI-28 helicopters. In a stalled bid, the... MORE

Ukrainian Prime Minister Yulia Tymoshenko announced on June 10 that three banks will be bailed out. The state will take over stakes ranging from 84-98 percent in the mid-size banks Rodovid, Ukrgazbank and Kyiv. The government does not plan to keep the banks permanently. They... MORE

A well-known religious figure and former republican deputy prime minister have been killed in the latest wave of violence in Ingushetia, in which several soldiers and policemen have also been killed and wounded.On June 16, Kavkazsky Uzel quoted sources in Ingushetia's Interior Ministry as saying... MORE

In his speech to the World Grain Forum in St. Petersburg on June 6, Russian President Dmitry Medvedev pledged that the country will double its grain production by bringing back into use some 20 million hectares of farmland that "has not been ploughed since the... MORE