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The project will yield billions of rubles in additional profits to the city metro.
The bulk of construction and maintenance costs will be financed from the metro’s own budget and the rest will come from private investors.
At present, the metro rents areas in underground passages to small retailers but these rent payments are only a tiny fraction of the profits collected from ticket sales.
Voice of Russia, Mayak
The fire at the test site and ammo depot in Samara region has been contained and is on the wane, announced Deputy Chief of the Russian Emergencies Ministry department in Samara region Andrei Babintsev.
The story line is beginning to sound familiar, too familiar. Young intelligent individual with high moral ideals attempts to expose the egregious clear and unarguable criminality of the U.S. Government, a government which is out of control and trampling on the rule of law and the rights of people worldwide, only to be villainized and forced to seek refuge and protection in a foreign country.
Four U.S. soldiers were killed in an attack on Bagram Air Base in Afghanistan, a U.S. official said on Tuesday, speaking on condition of anonymity, just as the United States prepares for talks this week with the Taliban.
UN Secretary-General Ban Ki-moon has expressed willingness to promptly convene an international conference on Syria. He welcomed the agreements reached at the G8 summit in Northern Ireland.
Russia urges speedy agreement on the date and venue of the meeting of the 6 international mediators (5 permanent members of the UN Security Council + Germany) with Iran on its nuclear problem.
According to President Vladimir Putin, speaking at a press conference after the current G8 summit, Russia does not intend to go to a great deal of expense, so the meeting will take place three months after the Olympics, making use of the available infrastructure, and thus avoiding extensive financial costs.
The body of Ibragim Todashev, a man of Chechen origin who has lived in the US and who has been killed by FBI agents during a gun battle, was flown home to Russia.
Several thousand pilgrims were evacuated from the famous temple complex in the town of Lourdes due to a flooding that affected several departments of France.
All sailors from a container ship that sank in the Indian Ocean have been rescued.
The fire at the test site and ammo depot in Samara region has been contained and is on the wane, announced Deputy Chief of the Russian Emergencies Ministry department in Samara region Andrei Babintsev.
Eleven people have been injured in explosions of projectiles at a range in Chapayevsk, the Samara region. Police are evacuating the people from communities located in the depot's vicinity. (VIDEO)
A well-known Russian journalist, photographer and a member of the Russian Geographical Society Vlad Minin started from Moscow his unique expedition. Vlad's giant Jeep will go through the cities and villages of Transcaucasia and Central Asia with films, books and paintings that can tell about what Russia really is.
During the trip, Vlad Minin would speak there with stories about the great Russians, the accomplishments of Russian culture, its tangible and intangible treasures.
The start of journey was given at the Sofia Embankment of Moscow. The participants of the Voice of Russia's project "Window to Russia" (media sponsor) came to say goodbye to the traveler and to wish him the easy way.
At the G8 summit in Northern Ireland, the United States and the European Union have launched talks on Monday to what could become the biggest bilateral trade deal in history. British Prime Minister David Cameron said it was ‘a once-in-a-generation prize’, which they were determined to seize. US President Barack Obama announced that talks on a trans-Atlantic trade and investment deal would begin in Washington next month. While the EU leaders admit the negotiations will be difficult, they believe the agreement could be reached within two years. For more on the news we are joined by Patrick Young, Leading Expert on Financial Markets and the Founder and Chairman of Derivatives Vision, a securities exchange advisory and media company.
Group of Eight leaders said on Monday that world economic prospects remained weak even though downside risks have lessened due partly to policy action taken in the United States, the euro zone and Japan.
Experts, who’ve been invited to attend the 17th annual St. Petersburg International Economic Forum, SPIEF, believe that this kind of forum has a decisive influence on the development of global economy, as well as the global political processes.
The Fitch rating agency is concerned about the unregulated part of the Chinese banking sector. The so-called “shadow banks” pose systemic risks for the country’s economy.
The Iranian economy is experiencing severe stress caused by the international sanctions against Tehran. An unofficial estimate of the Iranian inflation rate is almost three times the official annual inflation figure.
The foreign exchange market is now in the crosshairs of the global financial regulators in the aftermath of the rate-rigging scandals in currency rates and interest rates markets.
The story line is beginning to sound familiar, too familiar. Young intelligent individual with high moral ideals attempts to expose the egregious clear and unarguable criminality of the U.S. Government, a government which is out of control and trampling on the rule of law and the rights of people worldwide, only to be villainized and forced to seek refuge and protection in a foreign country.
A museum of Pope Francis will open at the Cathedral of the Argentine capital.
Russia and Europe will cooperate in lunar and Martian studies.
Body of Ibragim Todashev killed by FBI agents flown to Russia
