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. Last Updated: 07/27/2016


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Gambling Banished, But Not Defeated

Four months after the federal government banished most gambling to four special zones far from Moscow, the industry is thriving in the open under a legal loophole that allows lotteries — which must donate 10 percent of their proceeds to charity — to operate via electronic terminals.

Ecuador Visit Brings Deals, No Recognition

Correa’s visit to the Kremlin was the first in the history of diplomatic relations between Ecuador and Russia and yielded a strategic partnership agreement that covers politics, trade, culture, tourism, sports, science, technology and the environment.

Ministry Urges Swine Flu Precautions

The number of “laboratory confirmed” cases of the A/H1N1 influenza virus, better known as swine flu, has now reached 1,896.

Artemyev Cautious on New Collusion Law

The law came into force on Friday and provides for up to seven years of imprisonment and a fine of up to 1 million rubles ($34,400) for those convicted of collusion.

Moody’s Says Sovereigns Safe

Moody’s was the only one of the three major credit ratings agencies to maintain Russia’s credit rating as the crisis hit, with Fitch and Standard & Poor’s cutting their grades to BBB.

Malta Finds No Surprises Aboard Arctic Sea

The Moscow Times
Malta had demanded to examine the Maltese-flagged ship, which was seized by Russian investigators Aug. 17 after vanishing for three weeks, before allowing it to dock on the island nation.

Government to Cut Bank Support, Citing Sector Improvement

Prime Minister Vladimir Putin said the government would more than halve the funds aimed to support banks in 2010 to 100 billion rubles ($3.41 billion), citing signs of recovery in the sector.

Kamaz Shares Up on Hopes of Daimler Stake Raising

Traders and analysts said greater involvement from Daimler would boost performance and save Russia's largest truckmaker from coming under state control.

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