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Global economy faces ‘lost decade’: Russian minister

The world economy faces a lost decade of low growth even though it is still possible to stave off another global recession, Russia’s finance minister was quoted as saying on Saturday. “We are probably faced with a lost decade. It is already obvious that growth rates are going to be…

40 dead in Russia plane crash: official

MOSCOW (AFP) – Forty people died late Monday when a Russian plane crashed onto a highway near Petrozavodsk airport in Karelia, northwest Russia, the emergency situations ministry said as quoted by Russian news agencies. The RussAir TU-134 carrying 43 passengers and five crew tried to land just before midnight Monday…