In 2002, balance profits of the Rosneft oil company will amount to RUR22.5bn to RUR23bn (about $707.73m to $723.45m), Rosneft's President Sergey Bogdanchikov stated at a press conference in Moscow today. According to him, this year's revenues will be over $4.5bn. As for the production growth rate, Bogdanchikov pointed out that in 2003, it would be 7 to 8 percent against 2002. Oil procession will also gain 7 to 8 percent as compared to this year's level and will reach 8.2 million tons.
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