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. Last Updated: 07/27/2016

01/19/2009

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Putin Orders Budget Revised at $41 Oil

Prime Minister Vladimir Putin on Monday ordered changes to this year's federal budget to take into account the sharp drop in global oil prices, a decision that could pave the way for further spending of the Reserve Fund.

Lawyer Fighting Budanov's Release Killed in Moscow

A lawyer for the family of a Chechen woman murdered by former army Colonel Yury Budanov was shot dead Monday in central Moscow after holding a news conference decrying Budanov's early release from prison last week.

Airlines Barred From Delivering Lost Bags

Did your bag go missing en route to Moscow? Don’t expect the airline to deliver it to your doorstep.

Crisis Gives Moscow Renters Room to Bargain

Four months ago, finding a deal in apartment rentals in Moscow — a billionaire-ridden city that took first place in Mercer's 2008 worldwide cost-of-living survey — was nearly unheard of.

Weakening Ruble Loses 7% in a Week

Reuters
The currency falls to 37.32 versus a euro-dollar basket after it is devalued for the 17th time since November.

Putin Suggests Caution on Obama

AP, Reuters
The prime minister indicates that he likes the U.S. president-elect but says he needs to see how Obama will lead.

Moscow Ad Chief Investigated

The Moscow Times
The head of the Moscow Advertising Committee is being investigated on suspicion of embezzling more than 130 million rubles ($4 million), the Investigative Committee said Friday.

Give Them an Obama I

Dear President-elect Obama, Even though most of your foreign policy will be devoted to issues not directly related to Russia -- namely, the global economic crisis, the wars and insurgencies in the Greater Middle East from the Gaza Strip to Pakistan, terrorism and climate change -- relations with Moscow need to be high on your agenda from Day One.

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