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. Last Updated: 07/27/2016


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Contested Retail Bill Clears Duma Hurdle

The law will come into force as early as Feb. 1 next year and introduce strict regulations on retailers, including a shortened period of payment for delivered goods, possible limits on retail prices and a cap on stores’ retail margins.

State Spending Will Surge in December

By Dec. 1, the treasury had spent just 73 percent of the 840.6 billion rubles set aside for investment under 51 various federal programs such as upgrading roads and developing aerospace technology.

South Ossetia Wins Nauru’s Recognition

Nauru’s recognition prompted a war of words between the governments in Tbilisi and Moscow.

Slain Activist's Relatives Killed in Car Blast

Ingush police said they opened fire after the car approached a checkpoint outside Nazran, made a U-turn, and sped away.

Duma Passes Bill Allowing House Arrest

The Moscow Times
The bill, which aims to reduce overcrowding in the prison system, would allow suspects implicated in minor offenses to serve time at home as part of their sentences.

Market Reform Architect Gaidar Dies

One of his last ideas embraced by the Kremlin was the creation of a stabilization fund to collect oil windfalls — a fund that the government is now using to ride out the economic crisis.

NATO Chief Gets No Promises

The Alliance's secretary-general Anders Fogh Rasmussen told Prime Minister Vladimir Putin that Afghanistan should become the centerpiece of NATO cooperation with Russia.

Big Investment in Gazprom Neft Field

Russia’s fifth-largest oil producer estimates the Badrah field’s reserves at 2 billion barrels, a figure which could increase with further exploration.

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