The International Bank for Reconstruction and Development will give a $250m credit to Russia to be spent on the road reconstruction in 2004. A relative agreement was reached at the meeting of head of the Russian State Road Service Rosavtodor Igor Slyunyayev with a mission from the IBRD. The money will be spent on the reconstruction of parts of the M-4 "Don" federal road that lays between Moscow, Voronezh, Rostov-on-Don, Krasnodar and Novorossiysk (goes through Bolshoy Sochi) and construction of a new toll road between Adler and Krasnaya Polyana in 2005.
Additionally, Rosavtodor is planning to attract $1bn in loans from the European Investment Bank in 2004-2006. They will be spent to build further Transeuropean channels.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
Not that long ago, American soldiers would train their skills to counter insurgent and partisan military organizations. These days, they are trained to show resistance to the regular army of a potential adversary
The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America