Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Chernomyrdin Rapped

MOSCOW () -- Mayor Yury Luzhkov criticized Prime Minister Viktor Chernomyrdin for making "an excessively optimistic assessment of the current state of the Russian economy," after the premier touted February's 2.8 percent inflation rate as a sign that reforms were heading in the right direction.

Luzhkov told Interfax that Chernomyrdin's report at a Cabinet meeting Thursday, when the figure was released, was "kind of soothing, very nice, although we ought to be self-critical."