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. Last Updated: 07/27/2016


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Gas Pipeline Fight Escalates Sharply

Gazprom agrees to the double capacity of South Stream, while rival Nabucco finally gets enough gas to become viable.

Prokhorov Betting On Power Industry

Mikhail Prokhorov, Russia’s richest man according to Forbes, said he would expand his presence in the country’s privatized power sector as he opened a 52-megawatt power unit built by TGK-4, half-owned by him, in the Lipetsk region Friday.

Police Violence Clouds 'Best Ever' Eurovision

Russia won high praise from organizers and participants alike for its hosting of the 2009 Eurovision Song Contest final on Saturday, complete with hovering swimming pools, Dima Bilan ""flying"" over the audience and a video message from an astronaut in the international space station.

Gas Talks Will Start Soon With Ankara

Combined Reports
Prime Minister Vladimir Putin held energy talks with his Turkish counterpart Recep Tayyip Erdogan on Saturday, as Russia seeks to expand cooperation with its neighbor.

Rally Running Out of Steam

All good things must come to an end, and that end might come sooner rather than later for a recent rally on the global equity markets.

Medvedev Scolds Cabinet on Economy

Combined Reports
President Dmitry Medvedev scolded senior officials on Friday for failing to reform the economy and said the Kremlin would take charge of efforts to boost it.

Police Forcefully Break Up Gay Rights Protest

An attempted gay rights protest on Saturday was swiftly broken up by OMON troops, who dragged protesters into police vans.

The Man Who Photographed St. Pete

One cloudy day in 1973, photographer Boris Smelov perched high above a dvor, or courtyard, in Leningrad.

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