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. Last Updated: 07/27/2016

04/06/2011

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Investor Bill Promises Transparency

The government may ostensibly be trying to ease red tape for Russian owners of foreign offshore companies hunting for strategic assets at home, but the planned new rules would require potential buyers to disclose their identities.

State Blamed in LiveJournal Attack

LiveJournal Russia, the country's main platform for uncensored political discussion, recovered Tuesday from its biggest-ever hacker attack — which bloggers said could not have been staged without state resources.

Policymakers Cheer Obama's Re-Election Bid

Amid growing anxiety over whose name will appear on the 2012 presidential ballot, lawmakers and pundits were quick to welcome the news that one president would certainly stand for re-election next year — Barack Obama.

Bank of Moscow Boss Says He's Left Russia

Bank of Moscow president Andrei Borodin has left the country amid growing speculation that he might face fraud charges in connection with a loan that investigators say ended up in the personal bank account of billionaire Yelena Baturina.

Two Major Players Ramp Up Biotech

Two foreign drugmakers signed tentative agreements with domestic companies on Tuesday, which will facilitate development of biotechnologies on the local pharmaceutical market.

Convicted Murderer, Slowly Dying, Demands Euthanasia

A convicted murderer who is dying of diabetes has asked to be put to death rather than to slowly waste away in prison. But his appeal for euthanasia, a practice that is illegal in Russia, has been met with some suspicion — and not without cause.

New Rostelecom Short on Details

National operator Rostelecom might list in London by the end of this year and is considering purchasing foreign assets as part of its development strategy, company president Alexander Provorotov said at a news conference Tuesday marking the legal completion of its merger with Svyazinvest.

Ex-Kremlin Official Jailed for Fraud

The Moscow Times
A Moscow district court on Tuesday sentenced a former Kremlin official to three years in prison for his role in a fraud scheme related to the state purchase of medical equipment, Interfax reported.

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