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. Last Updated: 07/27/2016

02/22/2011

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Moscow Strives to Be Finance Center

Moscow's plan to become an international finance center will benefit the whole country, industry leaders say. Yet, opinion is divided over the city's progress toward that goal since the plan's inception three years ago.

Russians Pulled Out of Rebellious Libya

As the bloody violence in Libya spread Monday, Russia began to pull out specialists working on high-profile investment projects in the North African country, calling into question all foreign investment in the country.

Upgraded Police Web Site Tries For Openness

The Interior Ministry launched a new web site Monday, using advanced web technologies and claiming an era of renewed openness and cooperation with society — a move that comes only a week before recently approved police reforms kick in on March 1.

Pharmaceutical Firm Joins Kaluga Tax Base

British-Swedish pharmaceutical giant AstraZeneca said Monday that it will invest $150 million in building its first plant in Russia, joining other foreign drugmakers that have started local production in line with the government's strategy to reduce dependency on imports.

Trial Over Rights Lawyer's Murder Starts

The Moscow Times
An open jury trial over the 2009 twin killing of lawyer and rights activist Stanislav Markelov and liberal Novaya Gazeta reporter Anastasia Baburova started in the Moscow City Court on Monday, Interfax reported.

'Patriarch's Dacha' Is Rumored by Activists

The blogosphere, still in uproar over reports of "Putin's Palace," went into a new frenzy after rumors hit the web of another posh mansion, this time allegedly constructed for the head of the Russian Orthodox Church.

Foreign Ministry Unhappy With U.S. Kurils Opinion

Reuters
The Foreign Ministry said it summoned the U.S. ambassador to a meeting on Monday to register disapproval of American support for Tokyo in a territorial dispute over a group of Pacific islands.

Medvedev Warily Chimes In on Turf War

The Moscow Times
President Dmitry Medvedev carefully weighed in Monday on a turf war between the Investigative Committee and Prosecutor General's Office, which clashed over an illegal gambling ring in the Moscow region allegedly protected by local police and prosecutors.

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