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. Last Updated: 07/27/2016


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Forests Growing in Quantity, Not Quality

Viktor Grishenkov uses the weight of his spade to open a slit in the sandy ground, inserts a 30-centimeter oak seedling into the hole and packs the earth tight around it with his foot. "All right. Come back in a hundred years and see how it's going."

Flight Delays Are Few Despite Volcano

West-bound flights from Moscow flew largely on schedule Tuesday, with the exception of several slightly late arrivals on trans-Atlantic flights that flew around a growing ash cloud spewed by Iceland's Grimsvotn volcano.

Yandex Ups Price and Takes Off

Search engine Yandex announced the pricing of its NASDAQ initial public offering of 52 million shares at $25 per share Tuesday, higher than the earlier price guidance of $20 to $22 per share — and shot up more than 42 percent in the first half day of trading.

2 Bodies and a Severed Head Fished Out of Moscow Ponds

The Moscow Times
Two bodies and a severed head were fished out from ponds around the capital Monday, leaving investigators puzzled over who the victims were and whether the incidents were related.

Khodorkovsky's Term Reduced by One Year

Dismay hung in the air of the packed courtroom Tuesday as the Moscow City Court rejected an appeal by Mikhail Khodorkovsky and Platon Lebedev over their convictions.

Sobyanin Embraces Luzkhov's TV Station

Mayor Sergei Sobyanin has dumped some of his predecessor's favorite assets. He sold the Moskva airline to Tyumen-based carrier UTair, and the Medyn dairy farm to Kaluga regional authorities. But City Hall's media holdings are not under threat.

Minsk Will Sell $7.5Bln in Assets

The Moscow Times
Finance Minister Alexei Kudrin said Tuesday that Belarus committed to privatizing $7.5 billion worth of assets before the end of 2013 in exchange for a loan from a Russia-led fund.

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