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. Last Updated: 07/27/2016


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Spy Affair Called Attempt to Discredit Obama

The U.S. arrest of 10 suspected Russian spies right after President Barack Obama welcomed President Dmitry Medvedev to the White House deals a stinging blow to resurgent ties and might discredit Obama, Russian officials said.

Fiscal Hawks Find Friend in Medvedev

President Dmitry Medvedev broadly sided with the country's fiscal hawks Tuesday as he unveiled proposals for state spending in the next three years. That provides a boost to Finance Minister Alexei Kudrin's efforts to tame the federal budget deficit.

Businesswoman, Former Moscow Student Is One of Suspects

One of the 11 people accused of working as Russian agents in the United States is a successful businesswoman who founded a prosperous real estate agency while still a student at the People's Friendship University in Moscow.

A Tale of Wireless Transmissions, Invisible Ink

The Associated Press
An assistant U.S. attorney, speaking in federal court in Manhattan, called the allegations against 10 people living in the northeastern United States "the tip of the iceberg" of a conspiracy of Russia's Foreign Intelligence Service to collect inside U.S. information.

Interros, RusAl Stop Playing Nice Over Norilsk Nickel

Norilsk Nickel's two biggest shareholders have cast off the final semblances of a truce in their battle for control of Russia's largest miner, as Vladimir Potanin's Interros scores a tactical victory over Oleg Deripaska's RusAl.

$1,000 of Scattered $320,000 Bribe Returned to FSB

People who swiftly collected 5,000 ruble bank notes scattered on a Moscow street after a government official threw a bribe of 10 million rubles ($320,000) out his car window have turned some of them over to the Federal Security Service — possibly because they were marked by the FSB.

Moscow as Global Financial Power Has 'Long Way to Go'

President Dmitry Medvedev presented his plan to make Moscow a global financial center and the ruble a world reserve currency at a conference on June 18 attended by some of the biggest names in finance.

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