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. Last Updated: 07/27/2016


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Central Banker Sees Interest Rate Cut

Ulyukayev's comments reflect a growing confidence that inflation will begin to subside as production falls and the ruble recovers.

Nemtsov Registered to Run for Sochi Mayor

Opposition politician Boris Nemtsov was registered to run for mayor of Sochi on Saturday, his campaign said, a day after a mysterious campaign contribution from a New York car dealer threatened to derail his bid.

Central Banker Says Worst of Crisis Over

Combined Reports
Russia has come out of the sharpest phase of its economic crisis, capital outflows have ceased and foreigners are returning to Moscow stocks, Central Bank First Deputy Chairman Alexei Ulyukayev said Friday.

IKEA Rethinks Investment

IKEA, the world's biggest home-furnishings retailer, said Saturday that it was reconsidering new investment in Russia and that it would have to lay off 245 employees after months of delays kept it from opening a store in Samara.

Medvedev, Obama to Discuss START

The United States and Russia will commit to new talks on reducing their nuclear arsenals when Barack Obama meets President Dmitry Medvedev for the first time in a few days, the Kremlin said Saturday.

Top Court Supports Chaika on Dismissal

In another twist to a standoff between senior law enforcement officials, the Supreme Court has upheld the dismissal of Moscow's top investigator, casting into doubt the criminal cases that he had been conducting.

Azeris Agree To Consider Gazprom

The Moscow Times
Gazprom won an agreement from Azerbaijan on Friday to begin talks on buying Azeri gas in a deal that looks set to undermine the prospects of supply diversification for Europe.

A Crash Course in Contemporary Art at Garage

In uncertain times for art and the world at large, nothing is safe from speculation and doubt -- but doubt is not a word you associate with Francois Pinault.

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