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. Last Updated: 07/27/2016

02/15/2011

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Russia Sees More Billionaires Following Crisis

Vladimir Lisin earned the most among the country's billionaires last year, retaining his top spot in the latest ranking of the richest Russians by Finans magazine. The number of billionaires surpassed the pre-crisis level for the first time, the magazine said.

New Registration Rules for Expats to Have Mixed Effect

New rules supposed to make expatriates' lives easier are to come into force Tuesday, but experts fear that they will actually produce new headaches, and experts interviewed by The Moscow Times say that the compromise raises more questions than answers.

New Papers Link Seaside 'Palace' to Putin

New documents confirm that the Kremlin property chief approved construction of a seaside palace rumored to be a residence for Prime Minister Vladimir Putin, despite his explicit denial of any link to the project, a newspaper said.

VTB Privatization Produces $3.3Bln

Reuters
The government kicked off its biggest privatization drive since the collapse of the Soviet Union, raising 95.7 billion rubles ($3.26 billion) with the sale of 10 percent in its second-largest bank, VTB. Sberbank, the country's biggest lender, will follow VTB later this year or in 2012.

Assistant: Judge Was Pressured on Yukos

The Moscow judge who sentenced ex-Yukos head Mikhail Khodorkovsky and his business partner to jail in December was pressured and did not even write the verdict he read, the judge's assistant said, prompting speculation of a reinvestigation.

Mock Mission to Mars Models Landing on Red Planet

The Associated Press
After 257 days in a locked steel capsule, researchers on a mock trip to Mars ventured from their cramped quarters Monday in heavy space suits, trudging into a sand-covered room to plant flags on a simulated Red Planet.

Lawyer: Theater Hostage Crisis Probe Reopened

The Moscow Times
The 2002 Dubrovka hostage crisis will be reinvestigated because some of the terrorists involved in the attack have escaped, despite official reports to the contrary, a lawyer said Monday.

Former Uralkali Head Could Be EBRD Rep

Combined Reports
Potash miner Uralkali's former chief executive Denis Morozov could be named as Russia's representative at the European Bank of Reconstruction and Development after a bribery scandal relating to previous appointees.

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