The U.S. government has taken control of troubled mortgage giants Fannie Mae and Freddie Mac to stop their possible collapse causing major damage to the economy.
// Sep. 08, 2008 - 05:25 GMT
A militant leader was killed in a special operation in Daghestan in southern Russia, a spokesman for the republic's Interior Ministry said Monday.
// Sep. 08, 2008 - 05:29 GMT
Venezuelan President Hugo Chavez has announced the timeframe for the upcoming Russian-Venezuelan naval exercise, arranged in line with Russia's plans to extend its presence in international waters.
// Sep. 08, 2008 - 05:46 GMT
The presidents of Russia and France will hold a meeting in Moscow on Monday to discuss developments in the Caucasus following the recent South Ossetia conflict.
// Sep. 08, 2008 - 06:14 GMT
Danish soccer legend Michael Laudrup looks set to become the new manager of Spartak Moscow, Russian media reported on Monday.
// Sep. 08, 2008 - 07:15 GMT
The launch of a Russian Rockot carrier rocket bearing Europe's first GOCE satellite has been postponed, the Khrunichev State Research and Production Center said on Monday.
// Sep. 08, 2008 - 07:25 GMT
Some 40 hours after massive rocks flattened a densely populated Cairo shanty town, killing at least 37 and injuring over 50, rescuers cleared the way on Monday for bulldozers to move in to the area.
// Sep. 08, 2008 - 08:05 GMT