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. Last Updated: 07/27/2016


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Justice Minister Decries Corruption, Pushes Reforms

Justice Minister Alexander Konovalov, a protege of President Dmitry Medvedev, has publicly spoken of the need to weed out corruption and abuses in the country's justice system.

Nicaragua, Russia to Hold Military Exercises, Lavrov Says

The planned exercises could anger the United States, which considers Latin America as part of its traditional sphere of influence.

Figure Skating Supremacy Challenged as Russians Tumble

Russian or Soviet skaters had dominated the pairs event by winning gold at 12 successive Olympics stretching back to the 1964 Innsbruck Games but on Monday they were completely knocked off the podium after Yuko Kavaguti and Alexander Smirnov both crashed to the ice in their free program.

Netanyahu Courts Russia on Iranian Nukes

Israeli Prime Minister Benjamin Netanyahu and President Dmitry Medvedev met in the Kremlin to discuss possible sanctions against Iran, which Netanyahu said must focus on fuel imports and exports.

Lisin Tops Rich List With $18.8Bln

Novolipetsk Steel chairman Vladimir Lisin surpassed last year's leader, Onexim Group president Mikhail Prokhorov, and runner-up Roman Abramovich, to top a Russia rich list for the first time.

New Khanty-Mansiisk Governor Appointed

The Moscow Times
Natalya Komarova, a member of the ruling United Russia party, was approved unanimously and will become the country's second female governor ever — after St. Petersburg Governor Valentina Matviyenko — when she takes office March 1.

IKEA Names Execs Who Approved Bribes

The Moscow Times
The group said Saturday in a statement that it had dismissed two managers for tolerating the use of bribes in connecting one of its Mega shopping malls in St. Petersburg to the power grid.

Law Loosening Certification Regulations Goes Into Effect

The Moscow Times
A law went into force Monday allowing producers of food, alcohol and cosmetics to bypass earlier requirements to receive an official certification of quality.

Officials Eye Lower Mortgage Rates

The average fixed mortgage rate for ruble loans has fallen to a post-crisis low of 15.8 percent and the government is fighting for rates to decline even further.

Russia, CIS Largest Buyers of Greek Property Last Year

According to research, 80 percent of foreign property buyers in Greece were from the CIS, with most coming from Russia, Ukraine, Kazakhstan and Armenia.

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