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. Last Updated: 07/27/2016

12/06/2011

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Investors Upbeat About New Duma

United Russia won enough seats to usher government-sponsored bills through the State Duma, but the decline in popular support for the ruling party as revealed by Sunday's elections will likely have consequences that reach beyond law making.

5,000 Protest Duma Election Results

At least 5,000 protesters vented their frustration with the State Duma vote on Monday evening in central Moscow at one of the biggest liberal opposition rallies in recent years.

Holiday Shoppers Expected to Spend More

The global economic downturn hasn’t hit Russians’ purchasing power significantly, with this year’s spending on gifts and entertainment during the New Year’s holidays expected to grow 11 percent from 2010, while most Europeans plan to cut their holiday expenditures.

Russia in WTO: Gas Dispute In Europe Could Find New Venue

While Russia's expected accession to the World Trade Organization in 2012 could be used in a brewing struggle between Gazprom and the European Union, it's unlikely to have a big impact on domestic gas industry or export revenues.

Chechnya Backs Ruling Party 99.5%

The Moscow Times
Though Prime Minister Vladimir Putin started the second Chechen war in 1999, there is no resentment at all in the republic toward his political party, judging by the results of the State Duma vote in Chechnya.

Observers Question Fairness of Vote

President Dmitry Medvedev on Monday dismissed claims of massive vote-rigging in Sunday's elections by declaring that the State Duma elections were democratic.

Merged Bourse Mulls Future

Vedomosti
The combined MICEX-RTS stock exchange will need a bigger office and a more powerful data center.

Fobos-Grunt Begins Breaking Apart

The Moscow Times
The stranded Russian space probe Fobos-Grunt has begun breaking up in low Earth orbit.

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