>> 5 banks seized, U. S. failures raise to 45 Five U. S. Banks with total assets of about $1.04 billion were seized by regulators, pushing this year's tally of failures to 45 as a recession drives up unemployment and home foreclosures. Saturday, June 27, 2009 11:29 [IST] >> Russia to export electricity to Turkey via Georgia Electricity generated in Russia will be exported to Turkey through the territory of Georgia. Tuesday, December 30, 2008 11:44 [IST] >> Russia to counter U.S Anti-missile shield Russia will spend an extra $2 billion next year on weapons, including modernizing short-range Iskander missiles that could counter a proposed U. S. Anti-missile shield. Saturday, December 06, 2008 20:30 [IST] >> Russia reaches out to Europe on crisis Russia's President Dmitry Medvedev proposed a new partnership with the European Union, breezing past differences over Georgia to urge cooperation on global financial reform. Friday, November 14, 2008 11:54 [IST] >> EU close to deal on restarting Russia talks The European Union (EU) is close to a deal on re-starting talks on a strategic treaty with Russia which it froze following Russia's occupation of Georgia. Friday, November 07, 2008 11:07 [IST] >> Russia-EU cooperation pact talks likely in November The European Union could resume in November talks with Russia on a new cooperation pact, put on hold last month over Russia s military operation in Georgia. Tuesday, October 28, 2008 17:18 [IST] >> Russian ruble crisis costs billions Only a few months ago, the Kremlin was talking about pricing its oil in rubles and making the ruble a regional reserve currency, giving it a status closer to that of the euro and the dollar. Tuesday, October 21, 2008 07:29 [IST] >> IMF approves $750 mn loan for Georgia IMF approves $750 mn loan for Georgia Tuesday, September 16, 2008 16:57 [IST] >> US pledges $ 1bn, IMF offers loan to Georgia US pledges $ 1bn, IMF offers loan to Georgia Thursday, September 04, 2008 12:16 [IST] >> Setback to Georgia's economy. Conflict a set back for Georgia s booming economy.The growth this year is 8% as compared to 10% last year. Tuesday, August 12, 2008 13:11 [IST]