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It is unusual to sum up the results of the...

It is unusual to sum up the results of the year in January but some people have calculated that this year China will overtake Japan, becoming the world"s second biggest economy after the United States. Arthur Kroeber, managing director of the Beijing-based company Dragonomics, has just made a statement to this effect. This forecast was already made in the fall but this time Kroeber is backing it up with statistics.


Moscow traffic police chief Sergei Kazantsev...

Moscow traffic police chief Sergei Kazantsev was officially reprimanded on Wednesday over a "special operation" in which officers commandeered several private cars to stop a fleeing driver, but refused to pay compensation for damage caused.


Maxim Barsky was appointed the chief executive...

Maxim Barsky was appointed the chief executive of the Russian-British joint venture TNK-BP on Thursday, the TNK-BP board of directors said.

Around Moscow

Russia"s Vitaly Petrov signed on Sunday...

Following is a brief biography of Petrov:

Petrov, known in Russia as "The Vyborg Rocket," was born on September 8, 1984 in the northwestern Russian city of Vyborg, on the border with Finland.

Unlike the majority of top racers, Petrov did not begin his career in kart racing and started his racing days in 1998, competing in rally sprints and ice racing.

He was crowned Russian Rally Sprint champion in 2001.

In 2002 he dominated the Russian national championship, the Lada Cup, winning all rounds and amassing 500 points, the maximum possible score. He also raced in other national series, VW Polo Cup and Formula Russia.

In 2003 Petrov began racing in various international competitions, including Formula Renault 2000 Italy, where he finished 19th overall. He also won a race in Formula Renault 2.0 UK Winter Series, finishing fourth in the overall ranking

In 2004 he raced in Lada Revolution Russia, scoring one victory and three podium finishes,

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