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Competing with convention: RT’s pick of 2011

With 2011 almost over, it is high time to reflect on the teams and athletes that made an impact in the sporting world. While some were busy setting world records and helping their teams with trophies, others were winning in less conventional ways.

Unbearably cute! Siku the month-old polar bear (VIDEO)

Despite being so young, the cub – who lives in Denmark – already has millions of fans worldwide. He’s being hand-raised by the Scandinavian Wildlife Park, after his mother failed to produce enough milk to feed him.

Supercar super smash: $4 million freeway crash (VIDEO)

Altogether 14 cars, among them eight Ferraris, a Lamborghini and two Mercedes Benz, have collided in Japan’s most expensive car crash ever.

Fans riot after Oklahoma State victory: 13 injured (VIDEO)

Once Oklahoma State prevailed over its principal rival Oklahoma with a devastating 44–10 scoreline, the fans of the winners burst on to the playing field in thousands, tearing down goalposts and leaving 13 injured, two of them in critical condition.

Driver’s miracle escape on snow-bound Russian road (VIDEO)

A video has surfaced on the web showing a driver’s brush with certain death after almost crashing into a jack-knifing truck on a snowy road in Russia. The heart-stopping moment was captured on a video recorder installed in the car.

Denver police spill protesters' blood (PHOTOS, VIDEO)

The most violent clash between OWS supporters and the police so far has erupted in Denver, as the authorities attempted to dismantle an Occupy camp. The Internet is swamped with hundreds of angry messages and pictures of rubber bullet wounds.

Russian power duo riding high

Russia's president and prime minister have joined forces again, this time to get the harvest in.

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‘EU governance system to spread across whole planet’

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RTS index

Last index: 1632.36 on 04.04.2012, 21:24

Last closing: 1632.21

RTS index

By RTS data

MICEX index

Last index: 1512.67 on 04.04.2012, 21:21

Last closing: 1512.88

MICEX index

Data taken from MICEX

CURRENCY EXCHANGE RATES
  USDRUB_TOM 29.4408 0.1755 19:00
  EURRUB_TOM 38.7557 -0.2907 19:00
  EURUSD_TOM 1.3163 -0.0168 19:00
  USDRUB_TOD 29.4288 0.134 19:00
  EURRUB_TOD 38.8156 -0.278 19:00
  EURUSD_TOD 1.3177 -0.0171 19:00
Data taken from MICEX
Blue chips
  Issue BID ASK Trade  
  SBER 96.17 96.25 96.23 0.04 %
  GAZP 181.14 181.25 181.3 0.34 %
  VTBR 0.06738 0.06742 0.06754 -0.47 %
  ROSN 209.06 209.6 209.06 0.36 %
  GMKN 5310.14 5353.12 5325.55 -0.15 %
  LKOH 1777.06 1779.98 1782 0.35 %
By RTS data
maindocs
Indian Defence Minister A.K. Antony speaking at the induction ceremony of the INS Chakra II nuclear-powered submarine at the naval shipyard in Visakhapatnam, Andhra Pradesh on April 4, 2012 (AFP Photo) Today: 20:34

Nuke sub heads indian weapons buying spree

India is joining the elite club of nations having submarines capable of deploying nuclear weapons as it leases an Akula class boat from Russia.

 
(AFP Photo / Getty Images) Today: 17:12 4 comments

Eurozone finances: Pouring oil on water

If eurozone countries do not make necessary steps to restructure their debts, the current period of calm, may quite be calm before the storm.

A Yahoo billboard (AFP Photo / Justin Sullivan) Today: 19:52

Death by a thousand cuts at Yahoo?

Yahoo is to become “smaller, nimbler, more profitable” according to its CEO Scott Thompson, and the first step is to get rid of 2,000 staff. The internet company is cutting 14 percent of its work force as it tries to turn itself around.

 
Screenshot from Groupon Today: 15:14 1 comment

Groupon isn’t a hot deal anymore

Groupon Inc, the world's largest coupon provider, is in the doldrums as investors, shareholders and even users question the company’s prospects following the revision of fourth quarter results.

Customers choosing beer in the department of drinks in Lenta hypermarket (RIA Novosti / Alexandr Kryazhev) Today: 13:14 3 comments

Russia loses third of its booze producers

The number of alcohol producers in Russia has sharply dropped after the government tightened the legislation to obtain a license.

 
(RIA Novosti / Vadim Zhernov) Today: 09:37 3 comments

Market Buzz: Backslide looms after steady growth

Russian markets could open lower, proving sensitive to the news from the US floors, analysts say.

(AFP Photo / Getty Images) 03.04, 18:51 4 comments

Who wants to be a millionaire?

Amid the current economic turmoil Europeans seem to have less money in their pockets. However, personal financial health is bothering Europeans in various degrees.

 
Alexey V. Ulyukaev, First Deputy Chairman of the Bank of Russia (RIA Novosti / Alexey Kudenko) 03.04, 16:15 3 comments

Capital inflow: make or break for Russia?

Capital outflow has been a major headache for the Russian economy, but the country is likely to turn this trend around as the new government takes the reins, the Central Bank says.

(RIA Novosti / Sergey Subbotin) 03.04, 13:44 4 comments

Russian bonds riding a wave of success

Russian companies have become attractive borrowers as they placed a record 317 billion roubles ($10.8 billion) in Eurobonds in the first quarter of 2011, exceeding pre-crisis level.

 
Reuters//Kai Pfaffenbach 02.04, 20:33 3 comments

Soaring unemployment adds pressure to eurozone

Fears of a recession in the eurozone are mounting as the region’s unemployment has hit a 13-year record.

Reuters/Kevin Lamarque 02.04, 17:35 1 comment

Global Payments says "only" 1.5 million accounts were exported

There’s been some relief for Global Payments, a major US credit card processor, who said only 1.5 million accounts, and not 10 million, were affected in a data breach. However, the consequences may be dire for both the company and victims.

 
PMI mixed bag gives no clear indication 02.04, 16:00 1 comment

PMI mixed bag: China up, eurozone upsets

The Purchasing Managers Indices around the globe show a mixed picture on global manufacturing activity. With euro zone results significantly down, and a mixed outlook for China and the UK investors are puzzled.

Reuters/Kieran Doherty 02.04, 15:34 2 comments

Norway’s gigantic wealth fund to cut Europe exposure

Norway's sovereign wealth fund, which is Europe's biggest equity investor, is set to cut its European exposure, raising investments in emerging markets and Asia-Pacific.

 
Photo from www.rosatom.ru 02.04, 13:48 3 comments

Russia looks to nuclear power expansion in UK

Russia’s state-owned nuclear holding company Rosatom is considering building two atomic power stations in the UK through buying a $24 million stake in Horizon project.

RIA Novosti / Grigory Sysoev 02.04, 10:00 1 comment

Market Buzz: On the wave of positive news

Russia’s stocks are expected to open higher on Monday amid stronger consumer data from the U.S., the European rescue fund deal and stable oil prices.

 
A Goldman Sachs sign is seen on at the company's post on the floor of the New York Stock Exchange, January 18, 2012 (Reuters/Brendan McDermid) 30.03, 20:22 6 comments

Consumer spending not oil to boost Russian growth

Goldman Sachs is predicting a 5% growth in Russian GDP on the back of growing investment and domestic consumption.

Spain tightens belt despite protests amid growing concern over its fiscal health 30.03, 20:04 1 comment

Spain tightens belt despite protests amid growing concern over its fiscal health

As Spain struggles to cope with the country’s debt crisis, the government has announced the raising of corporate taxes and cuts in public spending to trim this year’s deficit by more than a third.

 
RIA Novosti / Mikhail Beznosov 30.03, 18:00 1 comment

Pensions gap a global problem

The retirement age across the world should be raised to 67 years otherwise the world could plunge into a global pension crisis.

Belgian Finance Minister Steven Vanackere (C), EU Commissioner for Economic and Monetary Affairs Olli Rehn (R) and Spain's finiance minister Luis de Guindos talk at the start of the European Union Economic and Financial Affairs Council (ECOFIN) meeting in Copenhagen on March 30, 2012 (AFP Photo/Scanpix/Keld Navntoft) 30.03, 17:24 6 comments

Big boost for eurozone rescue fund

Eurozone finance ministers have agreed to increase the bailout funds by more than half, raising its capacity to 800 billion euro from the previous 500 billion euro.

 
Reuters / Thomas Peter 30.03, 15:25 9 comments

Britons burned on hot pastry tax

Adding 50 pence to the price of a Cornish pasty with the so called ‘pastry tax’ has cost Britain’s bakers millions and caused outrage.