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. Last Updated: 07/27/2016


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Bastrykin Reaches Out to Wary Investors

Investigative Committee chief Alexander Bastrykin has spoken out in favor of reforming legislation on financial crime, and suggested that white-collar crime should no longer be punished with prison sentences.

Ismailov Could Return to Open Luxury Hotel

Property developer Telman Ismailov has steered clear of Russia since his Cherkizovsky Market was closed last year, but he may be readying new projects.

Rechnik Residents Seek Asylum in U.S. and Germany

Residents of the embattled riverside village sent delegations to the U.S. and German embassies to request asylum in those countries.

Decline in Number of Children Stirs Demographic Fears

President Dmitry Medvedev last week touted the end of a 15-year drop in the country's overall population, but a massive decline in the proportion of Russia's child population in the same period raises the specter of future demographic problems.

Level of Trust in Business Drops 10% After Crisis

The Moscow Times
While Russia experienced a substantial drop in a recent survey, most of the world's biggest economies, especially Western economies, observed an overall rise in levels of trust.

VinLund Owner Fights Arrest on Tax Charges

American-Russian businessman Peter Vins (pictured left, handing the 2004 Sakharov prize to journalist Mikhail Afanasyev) is not the first Russian investor to claim he has been harassed by police, but crucially he is making his case as the Kremlin has declared war on police corruption.

Legislation to Ban Early Voting Sent to Kremlin

The Moscow Times
An election commission member told reporters that a draft bill had been sent to the presidential administration that bans the practice, which is rife with the potential for fraud, everywhere except in hard-to-reach rural areas.

Gazprom Loses $1Bln in Write-Off for Europe

By Yelena Mazneva / Vedomosti
Gazprom lost about $1 billion in revenue as a result of the 2009 gas dispute with Ukraine, it has emerged.

India, China Now Surpass Russia in Scientific Research

An analysis of research papers published by Russian scientists shows an almost across-the-board decline in the field, reflecting Russia's shrinking influence not only in science but in science-based industries such as nuclear power.

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