15:51 Canada to sell Russian natural gas to U.S.
Canada is planning to capitalize on shortages of natural gas, exacerbated by last year's hurricanes, by importing vast quantities of liquefied natural gas (LNG) from Russia to be exported to the United States.

15:41 St. Petersburg shipyard to construct gunboat for Navy
St. Petersburg's Almaz shipyard will start construction Friday of a new gunboat for Russia's Navy, the company said Tuesday.

15:32 Kazakhstan ratifies development bank deal with Russia
Kazakhstan's parliament Thursday ratified an agreement with Russia to set up a development bank to help boost investment across the former Soviet Union