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. Last Updated: 07/27/2016


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Attempt to Empty Prisons Called a Big Mistake

The Kremlin is taking a step toward reducing the number of prisoners, drafting a bill to ease punishments on crimes ranging from libel to smuggling and kidnapping. But judicial experts are unimpressed with the bill.

Filmmaker Starts 'Demon-Banishing' Blog to Fight Critics

What do you do if you are an Oscar-winning movie director whose name is being dragged through the mud by irate bloggers convinced that you called the Japanese disaster a just punishment from God?

Bill Backed by Kremlin Gives Police Officers 'Manna'

President Dmitry Medvedev on Tuesday submitted to the State Duma a long-awaited bill to provide the police with social security, a measure aimed at reducing rampant corruption. A lieutenant will earn double what he makes now.

3M Looks to Invest $15M in New Plants

American conglomerate 3M plans to invest at least $15 million building two local facilities — one for the production of insulation material and the other to make glass bubbles used in the oil and gas industry — the company's Russia chief said Tuesday.

Retailers Up Focus on Regions, Customers

The changing consumer and regions outside of Moscow and St. Petersburg are the keys to retail growth, a panel of experts said Tuesday at Consumer 360, the Nielsen Company's shopper behavior research conference.

Bourses Say Clarity Key for Tech IPOs

Innovation companies need to show more openness and adherence to international standards if they want to be listed on international and domestic stock exchanges, MICEX management said at a conference also attended by Nasdaq.

Serdyukov Seeks Libya Cease-Fire

Combined Reports
Defense Minister Anatoly Serdyukov called for an immediate cease-fire in Libya on Tuesday, telling U.S. Defense Secretary Robert Gates that it is the best way to avoid civilian casualties.

Air Conditioner Permit Axed

The Moscow Times
City Hall blew away a bit of red tape Tuesday. Apartment dwellers will no longer have to obtain a costly permit to place an air conditioner outside their homes, Interfax reported.

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