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. Last Updated: 07/27/2016


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Banks Offered Another $14Bln

Prime Minister Vladimir Putin on Thursday announced that the government would inject more money into state and private banks so they could increase lending, but he fell well short of the amount promised by Finance Minister Alexei Kudrin a day earlier.

'Money, Money, Money' for Putin

President Dmitry Medvedev has made no secret of his affinity for British hard-rock band Deep Purple. Prime Minister Vladimir Putin, it seems, prefers the cheery tunes of 1970s pop sensation ABBA.

Nashi Activist Tells of Snooping for Kremlin

Undercover pro-Kremlin agents have worked in opposition groups across Russia to provide the presidential administration with information on opposition activists and rallies, a self-described handler said Thursday.

Experts Are Divided On Ruble Trajectory

The ruble will stay at its current level -- or it will drop like an anvil. Gradual devaluations were a brilliant move -- or the height of idiocy.

Grid Company Will Borrow $550M

The state-controlled Federal Grid Company, or FSK, will need to borrow as much as 20 billion rubles ($551 million) this year, Alexander Chistyakov, the company's deputy chief executive, said at the Russia Forum on Thursday.

Ex-Deputy Grozny Mayor Shot Dead

An unidentified gunman fires three bullets into Gelani Shapiyev's head outside an apartment building in western Moscow.

251 Firms Targeted in Antitrust Investigation

The Moscow Times
The Federal Anti-Monopoly Service said Thursday that it would open cases against 251 companies that sell refined oil products in Russia because of ""intolerably high"" prices for gasoline.

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