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. Last Updated: 07/27/2016


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Belarus Halts Gas Deliveries to EU

Russia and Belarus raised the stakes Tuesday in their gas trade dispute, with Minsk threatening to suspend transit to Europe in a new "gas war.” But Moscow assured its end consumers that supplies can be maintained through Ukraine.

Khristenko Sides With Gref in Yukos Case

Industry and Trade Minister Viktor Khristenko cast doubt on prosecutors' case against Yukos as he told a Moscow court that he had no knowledge of embezzlement taking place at the now-bankrupt oil company.

Italian, Russian Firms to Build Helicopter Factory

Russian Helicopters and AgustaWestland on Tuesday began construction of a helicopter factory in the Moscow region. The $50 million project is aimed at producing helicopters generally used by nonmilitary agencies.

Court Protects Election Rights of Foreign Residents

The Constitutional Court ruled as unconstitutional a law that bans Russians who hold residence permits in other countries from working in Russian elections. The court said such bans "cast unfair doubt on the loyalty" of Russian citizens.

Clock Is Ticking on Study of … Time

President Dmitry Medvedev cut the number of time zones earlier this year, and the Industry and Trade Ministry wants to find out whether the change is helping boost the economy. But it cannot find anyone to calculate the impact of the change.

Health Chief Warns of Flu, Virus Eruptions

Russia's chief sanitary doctor warned of outbreaks of flu and intestinal viruses in the next few months, as well as jabbed at North American tobacco businesses for upping cigarette production in Russia.

$32Bln in Tax Debt All But Written Off

By Vera Kholmogorova / Vedomosti
Every year, the Russian budget does not receive about 1 trillion rubles ($32.4 billion) in revenue from late taxes and fines, a sum that is not even included in budget projections.

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