Complete coverage of the U.S.-Russia summit, being held July 6-8 in Moscow.

The government reacted immediately Sunday to Kosovo's declaration of independence, calling for a meeting of the UN Security Council to discuss the move, while former Soviet breakaway regions, long fostered by aid from Moscow, rejoiced at improved prospects of international recognition.

Dmitry Medvedev, likely the country's next president, laid out a liberal-leaning economic program on Friday, urging economic liberty and a crackdown on corruption in his first major speech on the subject just two weeks ahead of the presidential vote.

""What is Kosovo, and what do you eat it with?"" quipped Yuan Go, a Chinese cook living in Nagorno-Karabakh.

The governments of Ukraine and Russia could sign an energy agreement to avoid the kind of gas disputes that have alarmed Europe over the past two years, a senior Ukrainian official said Friday.

Gazprom said Friday that profit fell 6.4 percent in the third quarter because of lower prices in Europe, its biggest market.

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Billionaire Alisher Usmanov has increased the amount of shares he owns in Arsenal Football Club by around 1 percent to more than 24 percent, the company representing him said Friday.

Bank Rossiya, whose largest shareholder is Yury Kovalchuk, a close ally of President Vladimir Putin, is gathering television channels Ren-TV and St. Petersburg-based Channel 5 under a single holding called National Media Group, the new company said Friday.

The European Union and Russia failed to agree on timber duties, the main hurdle to membership in the World Trade Organization, EU Trade Commissioner Peter Mandelson said Friday.