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. Last Updated: 07/27/2016


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Low Trust, High Rates Stifle Growth

Russia’s elite are the least likely out of 22 nations to trust their country's business institutions. Only 41 percent expressed confidence in businesses, says the Edelman Trust Barometer, which produces an annual report on public trust around the world.

Putin, Medvedev Bicker Over Blast

President Dmitry Medvedev took an indirect dig at Prime Minister Vladimir Putin over the Domodedovo Airport blast, stating that officials should not speak of the attack as being "solved" yet — as Putin had done hours earlier.

'Smart' Consumer Now Has More Control

British economists used to joke that the Russian consumer would find a popular Western brand, buy 10 items and then brag about it to friends. But times have changed.

Investors Push For Aggressive Privatization

The government should be more ambitious in pursuing its privatization policy and sell up to 100 percent of some state-owned companies, investors said at a Troika Dialog panel.

Ex-Ballerina Severs Ties With Party of Power

The affair between glamorous ex-ballerina Anastasia Volochkova and United Russia has ended in a scandal, as the former dancer resorted to angry expletives to announce her decision to quit the ruling party.

Patriarch Gets State Privileges, Protection

The church is separate from the state in Russia, the Constitution says. But the Federal Guard Service apparently has its own understanding of what that implies, as it treats Russian Orthodox Patriarch Kirill as a de-facto state official, rights activists said.

Nazarbayev Authorizes Early Election

The Associated Press
The long-ruling Kazakh President Nursultan Nazarbayev has signed into law a measure allowing early presidential elections.

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