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. Last Updated: 07/27/2016

11/01/2011

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Singapore Bets on Krasnodar Hub

The company that operates Singapore's main airport will help Oleg Deripaska's Basic Element Holding create a new air transport hub in the south of Russia under an agreement of intent signed Monday, the companies said.

United Russia Official Buys Votes

The ruling United Russia party scrambled to distance itself Monday from a senior member in the republic of Udmurtia, who was filmed promising money for votes to local organizations at a closed meeting.

Housing Prices to Rise as City Shifts Priorities

Mayor Sergei Sobyanin's emphasis on developing infrastructure rather than the housing market could lead to significant price increases for residential real estate in Moscow, according to a recent realty agency estimate.

Russia Offers Euro Zone $10Bln in Aid Via IMF

Russia is ready to help the indebted euro zone by providing up to $10 billion through the International Monetary Fund and could consider offering bilateral support to individual countries if the bloc asks for such help.

Water Stunt May Earn 2 Years in Jail

An opposition activist faces two years in jail for splashing water in the face of a prosecutor who jailed his comrades and allegedly threatened to kill him, the Agora rights group said Monday.

3 Russians Vie to Be 7 Billionth Person

The global population officially topped 7 billion on Monday, and a worldwide fight immediately erupted over which lucky baby was the first to reach the milestone — with three infants from the distant corners of Russia vying for the crown.

Unchanging Time Inconveniences Bourses

President Dmitry Medvedev's decision that Russia will remain on permanent summertime caused confusion Sunday as phones and computers automatically changed their settings, but it is likely to have more profound consequences for trading on the country's bourses.

Police Chief Resigns After Beating Driver

The traffic police chief of the Primorye region quit on Monday amid a criminal investigation into a YouTube video that shows him slapping a street racer atop the head and yanking hard on his ear.

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