14:32 Russian space industry still optimistic and creative
Russia's Federal Space Program for 2006-2015 includes government allocations for a series of light spacecraft, so technologically advanced that, at two- to three-digit weights in kilos, they successfully do what 20 years ago only heavy satellites could.

13:58 Putin meets with former Hungarian premier
President Vladimir Putin met with former Hungarian premier Peter Medgyessy in Budapest on Tuesday. “Tasks set at our previous meetings are being implemented,” he said, referring to joint projects in trade and high technologies.

13:45 Russian mayor confirms talks with Nissan on factory
The mayor of St. Petersburg, Russia, Valentina Matvienko, said Monday in New York that her city is talking with major automakers, including Nissan Motor Co., to encourage them to locate factories there, confirming a recent Interfax report.