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. Last Updated: 07/27/2016


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Bill Seeks To Attract Foreign Bankers

The State Duma will consider legislation to eliminate work permits for foreigners employed in the financial sector and extend their visas to five years as it presses ahead with a pre-crisis drive by the Kremlin to turn Moscow into a world financial center.

Medvedev Feted in South Ossetia

The president makes a surprise trip to the breakaway Georgian region in what analysts call a rebuke to Obama.

Presidium Backs Bill Regulating Retailers

The long-delayed trade law drops a contentious plan to  set caps for price markups.

GAZ Agrees With All but Alfa on Restructuring

By Yulia Fedorinova / Vedomosti
GAZ Group has agreed with a group of its creditors on terms for restructuring 40 billion rubles in debt — but the deal could be disrupted by Alfa Bank, which is not satisfied with the agreement.

City Duma Campaign Kicks Off

The Moscow Times
United Russia put the finishing touches on a list of prominent candidates for the Moscow City Duma on Monday as campaigning for the October elections officially kicked off.

Nabucco Forges Ahead Without Gas Contracts

Combined Reports

EU countries and Turkey on Monday signed a transit deal for the Nabucco gas pipeline, aimed at cutting Europe’s energy dependence on Russia, a major political step backers say will boost the project.

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