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. Last Updated: 07/27/2016


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Putin Extends Ban on Grain Exports

Prime Minister Vladimir Putin abruptly extended the grain export ban by at least several months from the end of this year because farmers and wholesalers sent grain prices up by holding the latest harvest.

Suspect Nabbed in Elaborate Theft of $41M in Pension Cash

Police arrested a 28-year-old suspect on suspicion of stealing $41 million from the federal pension fund in an elaborate scheme that involved Cyprus bank accounts, 23 cell phone numbers and a travel regime that avoided the use of trains and planes.

Nashi Is Asked to Vacate Its Main Office

A senior Moscow official asked the pro-Kremlin Nashi youth group to vacate its headquarters in a building meant to house a kindergarten, in what analysts called a sign of Nashi losing clout.

Gazprom Q1 Profit At Record $10.6Bln

Combined Reports
Gazprom tripled first-quarter profit to a record after cold weather boosted demand at home and in Europe and the ruble grew against the dollar, the natural gas producer said.

Police Raid Opposition Journal

Police raided the opposition New Times magazine, pressing journalists to hand over interview recordings used in reports on alleged abuse by the OMON riot police.

Rights Veteran Quits Rallies

Human rights veteran Lyudmila Alexeyeva said she would stop attending opposition rallies because of her age and poor health, as Washington criticized a police crackdown on a rally in Moscow this week.

VTB to Hit ’10 Targets Ahead of Sale

Combined Reports
VTB Group, the country's second-biggest bank by assets, said Thursday that it was on target to meet 2010 profit forecasts, underpinning government hopes to sell a 10 percent stake to a strategic investor by year-end.

Pregnant Mother May Be Freed Friday

The Moscow Times
A public outcry has prompted the Samara Regional Court to move up to Friday a hearing in the case of Yulia Kruglova, a pregnant mother of four who was jailed in July on embezzlement charges and is seeking early release.

Medvedev Warns Speculators After Food Prices Rise

President Dmitry Medvedev ordered law enforcement agencies to prevent speculators from driving up food prices, following the worst harvest in years, and pledged help to ensure affordable food staples.

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