PM Putin to discuss Shell’s Russia expansion with CEO (Reuters via Yahoo! Philippines News)
MOSCOW, June 26 (Reuters) – Russia’s Prime Minister Vladimir Putin will meet Royal Dutch Shell’s CEO Jeroen van der Veer on Saturday to discuss possibilities for the company’s expansion in Russia, Putin’s spokesman said on Friday.

Israeli drone sale blocks Russia’s deal with Iran (The Washington Times)
JERUSALEM | Israel has conditioned the sale to Russia of a dozen unmanned aerial vehicles, or drones, on Moscow not selling Iran an advanced anti-aircraft missile system, according to Israeli television. Tehran has sought to deploy the cutting-edge Russian anti-aircraft system against a possible Israeli attack on its nuclear facilities. The deal was reported Wednesday by Israel’s Channel Two, …

UPDATE: US, Russia To Sign Military Pact -Russian Gen (Nasdaq)
(Adds details, quotes, background.) MOSCOW (AFP)–The U.S. and Russia will sign a military cooperation agreement when U.S. President Barack Obama visits Moscow in early July, a top Russian general said Friday, quoted by news agencies.

Russian Lender Says Opel Deal Must Meet Its Conditions (Nasdaq)
MOSCOW (AFP)–Russian state lender Sberbank said Friday that a deal to buy Adam Opel GmbH with Canada’s Magna International from bankrupt U.S. giant General Motors Corp (GMGMQ) had to meet Russia’s conditions or it could fall through.

Russian Standard bank buys back $120 mln of bonds (Reuters via Yahoo! Asia News)
MOSCOW, June 26 (Reuters) – Russian Standard bank, Russia’s leading consumer lender, bought back $120 million of its $840.8 million in outstanding Eurobonds, the bank reported on Friday.

Putin lashing drives Russian supermart to slash prices (The Malaysian Insider)
MOSCOW, June 26 — Russia’s biggest grocer, X5, said today it was slashing food prices after Prime Minister Vladimir Putin scolded its bosses during a surprise visit to one of its stores. Putin, who stepped down as Kremlin chief last year, has made a habit of publicly reprimanding some of Russia’s top businessmen for failing ordinary people in the worst economic crisis for a decade. The former …

Leading Russian, U.S. NGOs to hold forum in Moscow during Obama’s visit (Interfax)
MOSCOW. June 26 (Interfax) – A forum of leading Russian and U.S. non-governmental organizations (NGOs) will take place in Moscow during U.S. President Barack Obama’s visit to Russia.

Czech ambassador to Russia takes issue with Paroubek’s statement (?eské noviny)
Moscow – Czech ambassador to Russia Miroslav Kostelka today took issue with Czech Social Democrat (CSSD) chairman Jiri Paroubek’s claim on Thursday that Czech-Russian relations have strongly worsened over the past three years.

Vladimir Putin issues ‘diktat’ on cost of sausages in Russia! (New Kerala)
London, June 26 : Russian Prime Minister Vladimir Putin recently visited a Moscow supermarket and pointed out that the sausages were too expensive.

Russia’s Sberbank sees looming housing deficit (Reuters via Yahoo! Philippines News)
MOSCOW, June 26 (Reuters) – Russia’s largest lender, state controlled Sberbank , sees a housing deficit hitting the Russian market as early as next summer, its CEO said on Friday, calling for support measures to avert price spikes.

Popularity: 2% [?]