Gorbachev, Russian billionaire to form new party

Former Soviet leader Mikhail Gorbachev will join forces with Russian tycoon Alexander Lebedev to launch a new political party independent of the Kremlin, the billionaire businessman said on Tuesday.


Gorbachev, 77, won the 1990 Nobel peace prize for allowing the peaceful revolutions the previous year that brought democracy to Eastern Europe after decades of Soviet control. (Reuters)