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. Last Updated: 07/27/2016

09/16/2011

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World Bank Cautions Russia About Oil Shock

The domestic economy could shrink 1.5 percent next year if global oil demand falls sharply following a recession in Europe or the United States, the World Bank said Thursday.

Navalny's Posh Car Bill Makes It to Duma With Communists' Support

The Communists beat the other political parties to a proposal by whistleblower Alexei Navalny, who called to prevent officials from buying cars worth more than 2 million rubles ($65,500).

Russia to Host 2013 Rugby Sevens

Combined Reports
Russia will host the Rugby World Cup Sevens in 2013, a world championship for the condensed seven-a-side format three years before its Olympic debut.

Aviation Safety Cultural, Not Technological

A series of disasters in domestic aviation is the result of systemic shortcomings in the industry, and cutting the number of airlines will make no difference to safety without a fundamental cultural shift in the way business is done, a retired pilot has said.

Sleepbox to Succor Weary Air Travelers

The Moscow-based Arch Group Architectural Bureau is offering travelers the first glance at the Sleepbox — a soundproof capsule with a bed, ventilation system, luggage space and manager standing by to hand out clean bedsheets.

Prokhorov Quits Right Cause Party

The Moscow Times
Tycoon-turned-politician Mikhail Prokhorov quit the Kremlin-linked Right Cause on Thursday after he was ousted as leader in a power struggle inside the party.

Liveblog: Sochi Investment Forum

The Moscow Times
A liveblog of the Sochi investment forum.

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