MOSCOW, January 2 (RIA Novosti) - Two people...

Police said the driver of a truck on the A5 highway saw an overturned car and slammed on the brakes, provoking the pileup.

The driver of the overturned car died on the site. An ambulance accidentally hit another person who got out of his car. He also died.

Police said the death toll could have been higher.

MOSCOW, May 4 (RIA Novosti) - Russia"s Reserve...

MOSCOW, May 4 (RIA Novosti) - Russia"s Reserve Fund shrank by 13.7% to 3.551 trillion rubles ($106.81 billion), and the National Prosperity Fund declined by 1.6% to 2.869 trillion rubles ($86.3 billion) in April, the Finance Ministry said on Monday. The Reserve Fund was set up to cushion the federal budget against a fall in oil prices, and the National Prosperity Fund was designed to help the government carry out pension reforms. So far this year, Russia has spent 1 trillion rubles ($30.3 billion) from the Reserve Fund to cover the federal budget deficit, the Finance Ministry said. It said a total of 1.6 trillion rubles would be spent from the Reserve Fund to cover the deficit in the first half of 2009 alone. Russia posted a budget deficit of 50 billion rubles ($1.5 billion), or 0.1% of gross domestic product, in the first quarter of this year. Russian Finance Minister Alexei Kudrin earlier said budget spending had increased in the first quarter as the government allocated additional funds for anti-crisis measures, in particular measures to support the pension system, regional governments and key sectors of the economy, such as the defense complex and the auto industry. He said the largest budget deficits were expected in the second, third, and possibly fourth quarters, as the government spends more on anti-crisis measures. The minister said the projected 7.4% federal budget deficit in 2009 would be covered by the Reserve Fund.

Russian GDP growth this year could exceed...

Russian GDP growth this year could exceed the official forecast of 3.1% and reach 4%, Finance Minister Alexei Kudrin said on Tuesday.

Russia has cautioned its nationals against...

Russia has cautioned its nationals against visiting Bangkok in the next couple weeks due to continuing opposition protests in Thailand, the Foreign Ministry said on Monday.

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