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10 more airports tapped for baggage screening upgrades

Some $700 million in economic stimulus money intended to upgrade baggage screening systems at airports will go further than originally expected, Department of Homeland Security officials said Wednesday.

Swedish team celebrates Volvo victory

After nine grueling months, the Volvo Ocean Race has finally come to an end following the 10th and final leg from Stockholm to St Petersburg.

Spanish soldier arrested over 'jihad' videos

Spanish police Tuesday arrested a Spanish soldier and his Russian girlfriend for allegedly posting videos on the Internet promoting Islamic extremist views and calling for attacks in Spain, a Ministry of Interior statement said.

Having faith in the future

All around the world, businesses are taking a long, hard look at their future plans, particularly any ambitious schemes to expand or restructure. Stock markets are in turmoil, banks in crisis and credit increasingly tight.

Israel: 24 dead as bus plunges down ravine

At least 24 Russian tourists have been killed in one of Israel's deadliest traffic accidents when their bus plunged down a ravine, throwing nearly all of the passengers out of the vehicle.

Blast kills 3 outside Russia subway station

Three people were killed when a car blew up near a subway station in Russia's second-largest city, St. Petersburg, on Tuesday, authorities said.

Time.com: Fine Art: The Next Recession Victim?

On Day 2 of the fall auction season, a Russian masterpiece expected to sell for up to $3 million at auction did not find a buyer Wednesday

Drunk tries to hijack Turkish Airlines passenger jet

A drunk passenger tried to hijack a Turkish Airlines flight to Russia on Wednesday before he was brought under control, the head of Turkey's civil aviation authority said.

Fortune: How the KGB (and friends) took over Russia's economy

Long before the small group of men gained control of a $1.3 trillion economy, they could be found gathered at a lakeshore deep in the forest, trying to relax amid the upheaval of the new Russia. Lake Komsomolskoye, named after the youth wing of the Communist Party, lies about 60 miles north of St. Petersburg, just one of 700 lakes on the isthmus connecting Russia and Finland. There the group, many of whom helped run Russia's second-largest city, would retreat for weekends among the tall, lakeside cedars in a private compound of dachas, or country houses. Vladimir Putin, then head of external relations for the St. Petersburg mayor, was a member of the group. So was Vladimir Yakunin, who had revived a bank started by the Communist Party, and Igor Sechin, then Putin's chief of staff. The group called itself ozero, meaning "the lake," and one of its frequent guests was a bright young lawyer named Dmitry Medvedev who worked in the St. Petersburg government. One prime topic of their

SI.com: Jonah Freedman: Euro champs Man. United lock their claws on No. 1

A year ago in this space, we dropped the hammer on Liverpool, which had inexplicably defied the odds and advanced to its second Champions League final in three years. But seeing as the Reds lost out to AC Milan, managed only another fourth-place finish in the English Premier League and finished the season without a single trophy, it was a tough call to leave them on the Rankings. Not even another Rafa Benítez miracle could save them.

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