Medvedev Urges Obama to Rethink Missile Shield Plans

Russian president Dmitry Medvedev has said he will call of his threat to deploy missiles in the Kaliningrad region, a Russian excave within the EU, if Barack Obama calls off the Bush Administration's plans to build a missile defense system in Poland and the Czech Republic. An...

Russia to upgrade nuclear systems

"     Russian President Dmitry Medvedev has announced plans to build a "guaranteed nuclear deterrent system", to be in place by 2020. He said he wanted military chiefs to submit plans by December. He called for a programme to build new nuclear...

Higher Oil Prices From Russia, With Love

Just when you thought oil prices were going to go down and stay down for a little while a regional flare-up between Russia and Georgia has led to the price per barrel of oil rising about $10."Oil roared above the $120 a barrel level on Thursday and gold prices jumped amid...

Oil rises to $116 on Russia-US tension

After falling from its record peak of  $147.27 a barrel last month, Price of crude oil has shot up again. Price of crude have been steadily gaining from  below $20 in early 2002. Price rise was fueled by  growing demand and...

Who's a journalist? or what about us?

" Who's a journalist? The proposed federal law to protect reporters and their sources draws a tenuous line between bloggers and professionals. By Scott Gant July 28, 2008 As the August recess for Congress fast approaches, supporters of a federal shield law for...

Russia warns over US-Czech shield

First the warning was for Poland and they seems to be giving it a lot of concern but now the attention is on Czech Republic and we all know they and Russia go a long way back. For Russia if the initial deal which was sign by washington about its controversial missile defence...