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. Last Updated: 07/27/2016


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LUKoil Launches Caspian Oil Field

Russia finally became a Caspian Sea oil producer on Wednesday as LUKoil began operating a modest offshore field in the presence of Prime Minister Vladimir Putin, who smeared some of the crude across his cheeks in celebration.

Police Salaries to Triple Under Landmark Reform

A Duma Security Committee member called the project the biggest reform of the police since the Soviet collapse, saying that "everything that we did before was not a reform but light patchwork."

Chaika Says Crime and Corruption Are Increasing

Prosecutor General Yury Chaika said fewer crimes were solved last year and that the sharpest increases involved extremism, corruption and child abuse.

Hewlett-Packard Launches Computer Assembly Line

The launch of the line, for producing HP, HP Pro and Compaq models, was positive news for HP in Russia amid recent corruption probes by both Russian and German investigators.

Top Court Throws Out 40% of Lower Court Rulings

The Supreme Court said it had accepted 481 out of 834 requests to review criminal cases decided by lower courts in the last six months of 2009. "Laws and procedures were applied wrongly in 40 percent of these decisions," the court said in a report Tuesday.

Hotel Ukraina Opens After 3-Year Hiatus

The Moscow Times
The first visitor checked into the newly opened Hotel Ukraina on Wednesday, after the hotel spent three years and $300 million dollars renovating the historic building.

Dunkin' Donuts Prepares to Reinvest in Russia

"Russia is the next step in our European strategy," the chain's international division chief said. The Russia and Ukraine project chief, meanwhile, said he expects to invest $10 million to $14 million in the first year.

Prosecutor General Says He Is Following Up on Daimler

The Moscow Times
Prosecutor General Yury Chaika said his office was awaiting a response to an official request sent to U.S. authorities three weeks ago. "There has been no concealment in this case," he said.

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