Nikolayev, Ukraine News

The Moscow Times was the only newspaper represented at the Russian-American Business Summit, which participated in by Dmitry Medvedev and Barak Obama On 7 July 2009 The Moscow Times published a special full colour issue of the newspaper, timed to coincide with the visit of Barak Obama to Moscow.

A foul smelling ship, crewed by Ukrainian sailors, has been drifting in the Black Sea for four months, the NEWSru.Ua website said citing a local newspaper.

Somali pirates released a Ukrainian ship Thursday carrying tanks, ammunition and crew after receiving a ransom of $3.2 million, a spokesman for the ship's owner said.

After holding it for four months, suspected Somali pirates released a Ukrainian ship Thursday carrying tanks, ammunition and crew after receiving a ransom of $3.2 million, a spokesman for the ship's owner said.

Somali pirates who are holding hostage the Ukrainian Faina ship have said that they will possibly release the vessel soon for a ransom of 3 million US dollars.

As the speculator onslaught continues, the Russian ruble feels worse every single day.

The crew of the Ukrainian ship Faina, seized by Somalia pirates back in September, is in good health and the cargo on board is intact, reports on Monday quoted a spokesman for pirates as saying.