The Group of Eight developed countries has noted Russia's contribution to writing off African countries' debts.
Within 1998 and 2002, Russia wrote off a total of $11.2 billion of the African countries' debts. In 2002 alone, it wrote off $3.4 billion, reads a report the G-8 summit in Evian has heard as part of the action plan of assistance to Africa's poorest nations.
The problem of alleviating the poorest nations' debt burden still stands high on the G-8's priority list, reads the report.
A considerable sum has been written off by Germany - an overall of 6 billion euros. Italy has written off $1.5 billion, according to the report.
The rest of the G-8 countries have also pledged to lighten Africa's debt burden. France, for one, pledged to write off close on 10 billion euros, Japan $4.9 billion, the US $4.2 billion.
The head of Russian Technologies, Sergei Chemezov, clarified the fate of anti-aircraft guided missiles that Russia was supposed to deliver to China
About 95% of Putin's Address to the Federal Assembly was devoted to social issues, but he also spoke about Russia's military power, her state-of-the-art weapons, and did not miss a chance to intimidate the United States.
The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13