Nicola Smith and Chris Hutchins
Win tickets to the ATP finals
VLADIMIR PUTIN, the Russian president, is to raise plans for a tunnel to link his country with America when he meets his US counterpart, George W Bush, next Sunday.
The 64-mile tunnel would run under the Bering Strait between Chukotka, in the Russian far east, and Alaska; the cost is estimated at £33 billion.
Roman Abramovich, the owner of Chelsea football club and governor of Chukotka, has invested £80m in the world’s largest drill but has denied that it is linked with the development.
Proposals for such a tunnel were approved by Tsar Nicholas II in the early 20th century but were abandoned during the Soviet era. If finally built, the tunnel would allow rail connections between London and New York.
A Kremlin spokesman confirmed last week that Putin seeks to build “a real bridge” between Russia and America when he meets Bush at the Black Sea resort of Sochi.
Officials in Washington and Moscow view the talks as an opportunity to ease expected tensions about this week’s Nato summit in Romania. Clashes are expected over America’s planned missile defence system in eastern Europe and whether to allow Ukraine and Georgia into Nato.
Russia said last month that it would have to aim its own missiles at Ukraine if it joined Nato and hosted military facilities.
While Russia cannot block Nato membership, allies know that boosting links with the two former Soviet states would strain ties with Moscow – ties that are already damaged over the independence of Kosovo and the US missile shield.
Although Nato’s 26 members agree in principle that the future of Ukraine and Georgia lies within the alliance, some are wary of angering Russia, which provides a quarter of Europe’s natural gas.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
The UK's leading alternative to showroom finance.
Finance packages tailored to your needs.
Minimum loan of £15,000
Car Insurance
£12,578 per annum
The Independent Housing Ombudsman
London
Competitive
Barclaycard
Not Specified
The Sheppard Trust
London
£80-95,000
Clay McGuire Executive Selection
Moments from Battersea Park.
For sale with Winkworth.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.