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. Last Updated: 07/27/2016

05/17/2011

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Deadline for TNK-BP Deal Passes Without Resolution

The fate of the $16 billion "deal of the century" between BP and Rosneft hung in the balance late Monday night as four-way talks between the two companies, BP's oligarch partners and the Russian government ended in a game of brinkmanship.

Navalny Refuses to Go Into Exile

Resisting the advice of two jailed former Yukos executives, whistleblower Alexei Navalny said in comments published Monday that he would not leave the country to avoid criminal persecution.

Moscow Slams Minsk's 'Harsh' Sentences

Combined Reports
The Foreign Ministry criticized Belarus on Monday for handing down "harsh" prison sentences to opposition activists convicted for protests over a December election in which President Alexander Lukashenko won a new term.

Commercial Real Estate Rebounding

The size of investments in the domestic real estate market grew 128 percent last year to reach almost 2.2 billion euros ($3.1 billion), as economic stabilization after the crisis encouraged foreign and local investors, a survey said Monday.

Oligarch Looks to Revamp Party

Billionaire Mikhail Prokhorov said Monday that he would lead Right Cause, the only party that has supported a second term for President Dmitry Medvedev, but observers expressed doubt that he would be able to salvage it from political limbo.

Taxi Drivers Facing Stricter Regulation

Taxi drivers will have to carry licenses beginning Sept. 1 and will face fines for not giving receipts from January, under amendments to existing traffic laws.

Browder Given 11 Hours to Fly to Moscow

The Moscow Times
Accusing investigators of a political crackdown, Hermitage Capital said its head, William Browder, was given 11 hours’ notice to travel from London to Moscow for questioning — even though he has been banned from Russia.

As Tbilisi Beckons, Circassians Find Ear in Moscow

In what resembled a new tit-for-tat with Georgia, Russian lawmakers on Monday met with a group of Circassian activists and promised them support.

Prison Staff to Keep Expense-Paid Vacations

The Moscow Times
The Federal Prison Service denied on Monday that it planned to ditch a major perk of working for the Russian prison system — travel-expense-paid trips to exotic places like Cuba for vacation.

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