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. Last Updated: 07/27/2016


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Moscow Sends Mixed Signals on Berlin Wall

The Kremlin is being overtly positive about the demise of the Iron Curtain, which led to the Soviet breakup, while at the same time harboring resentment about its current position in Europe.

Korolyov Mayor Accused of Misusing Budget Funds

The Investigative Committee said in a statement that Mayor Alexander Morozenko's alleged activities violated the rights of local residents entitled to receive apartments free of charge from municipal authorities.

Shuvalov Vows No AvtoVAZ Layoffs

The specter of thousands of people being fired from the nearly bankrupt AvtoVAZ by year-end has rattled workers as well as the government, which is eager to avoid potential unrest amid the economic crisis.

EBRD Cautions on Modernization Plan

The bank's comments came as a federal commission was announcing its plans for modernizing Russia's ailing auto industry and two days before President Dmitry Medvedev's second state-of-the-nation address, which is widely expected to focus on economic and political modernization.

Putin Tries to Entice Foreign Investors

He promises to lower administrative barriers and to allow foreigners to take part in next year’s planned wave of privatizations.

Policeman’s Video Sparks 3 Inquiries

A preliminary investigation was opened into Alexei Dymovsky’s claims that his superiors routinely ordered officers to fabricate cases to cover up the police force’s inability to catch real criminals.

Kremlin Backs End To Capital Punishment

No matter what decision is made, Russia is unlikely to violate the Vienna convention, so its membership in the Council of Europe will not be at risk.

Hearing on Okhta Center Pushed Back

The St. Petersburg governor says the final decision on the Okhta Center, which is to serve as the headquarters for Gazprom Neft, had not yet been made and that the project itself had to go through “serious government assessment.”

Hotel Firm Files for Bankruptcy

By Anton Filatov / Vedomosti
Since the start of the year, 25 lawsuits have been filed in Moscow Arbitration Court against the group, totaling about 107.9 million rubles ($3.7 million).

Shuvalov Invites Renault to Increase AvtoVAZ Stake

AvtoVAZ is mired in heavy losses following a collapse in Russian car sales in the first half of this year while staring down a 59.9 billion ruble ($2.08 billion) debt pile, most which is repayable in the short term.

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