Source Pravda.Ru

2 million cubic metres of housing to be built in Moscow in the latter half of this year

2.017 million cubic metres of housing are planned to be built in Moscow in the latter half of this year. The figure is included in the draft resolution of the Moscow government, that was discussed at a session of the capital's government on Tuesday.

Under this resolution, the figure includes more than 265,000 cubic metres of free housing to be allocated to the municipal authorities and people on the waiting list. Another 582 cubic metres of housing are earmarked for those who have to be resettled from obsolete houses built in the 1950-60s. A programme has been underway in Moscow for a few years under which dilapidated houses are being replaced by new ones. Part of the new housing is being sold at market prices and the money thus is used for funding this programme.

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

China has allocated $20 billion to restore economies of the Arab states. In addition, China and the Arab countries will create an inter-bank association worth three billion dollars

China weaves financial web to oust Russia and USA from Middle East
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