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Russian President Dmitry Medvedev has submitted...

Russian President Dmitry Medvedev has submitted to the State Duma a bill establishing restrictions on preliminary voting, where those who cannot vote on election day cast their ballots early, the Kremlin press service said on Wednesday.


MOSCOW, July 22 (RIA Novosti) - Russian...

MOSCOW, July 22 (RIA Novosti) - Russian President Vladimir Putin signed a law to regulate the production and turnover of ethyl alcohol and alcoholic products, the presidential press service said Friday. The State Duma, parliament"s lower house, adopted the law on July 8 and the Federation Council, parliament"s upper house, adopted it on July 13. The law aims to improve the legal regulation of this area of the economy, strengthen state control and protect consumers from black-market products. The law expands the authorities of the federal bodies of state power. Under the law, they will introduce a unified state automated system to calculate the volumes of produced and sold ethyl alcohol and alcoholic products. If there is no information in the system about certain products, the products will be confiscated. Authorities will also be charged with defining the procedure to license alcohol retail sales and ensuring that organizations observe license rules. The law states that state enterprises and organizations with paid-in equity capital worth no less than 10 million rubles, or $349,650, can produce ethyl alcohol, while state enterprises and organizations with paid-in equity capital worth no less than 50 million rubles, or $1.75 million, can produce vodka. Putin spoke in Kaliningrad on July 2 at a State Council session. He criticized the current alcohol market regulation system and advocated a state monopoly on alcohol.


A reset in Russia-U.S. relations has materialized...

A reset in Russia-U.S. relations has materialized and there should be no stopping now, the Russian foreign minister said on Friday.

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The Paris Club has agreed to cancel the...

"As a contribution to restoring the Islamic Republic of Afghanistan"s debt sustainability, Paris Club creditors decided to cancel $441 million, which represents the Paris Club"s share of the effort in the framework of the enhanced HIPC Initiative," the statement said.

In addition, the members committed to providing a further $585 million in relief to Afghanistan on a bilateral basis, bringing the total figure to 100% of the country"s Paris Club obligations.

The Paris Club is an informal grouping of the world"s richest countries, which provides financial services such as debt restructuring, debt relief, and debt cancellation to indebted countries.

"Creditors welcome and support the Islamic Republic of Afghanistan"s commitment to seek comparable treatment from all their other external creditors," the press release said, adding that the member nations that participated in the restructuring of Afghanistan"s debt were Russia, Germany and the United States.

The

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