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. Last Updated: 07/27/2016


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Former Bank of Moscow Chief Borodin Fumes

Andrei Borodin, former head of Bank of Moscow who is blamed for a portfolio of bad loans that required a state bailout, said in a rare interview that he will persist in his criticisms of the Kremlin.

Police and Military Salaries to Double

The Cabinet on Wednesday approved next year's budget, which will draw increased revenues from Gazprom and pay for a doubling of salaries in the armed forces and police.

Arctic Conference to Focus on Opportunities for Oil and Gas Extraction

On Aug. 20, the Vladimir Tikhonov, a tanker owned by Sovcomflot, set out from Murmansk with a cargo of more than 120,000 tons of gas condensate bound for Map Ta Phut in Thailand.

Abkhazia Boasts IKEA Goods and Pricey Cars, but No ATMs

The capital of Abkhazia has always been a lazy southern town, but its wide alleys flanked by pine trees are flush with symbols of economic progress unseen since the Black Sea region broke away from Georgia after a vicious war in 1993.

Proton-M Launched After String of Failures

The Moscow Times
A Proton-M rocket carrying a military satellite was successfully launched from Kazakhstan's Baikonur Cosmodrome early Wednesday morning, military spokesman Alexei Zolotukhin said, Interfax reported.

Domodedovo Bomber's Sister Cleared

The Moscow Times
Investigators have dropped all remaining charges against a sister and a friend of the suicide bomber who killed 37 at Domodedovo Airport in January, Kommersant reported on Wednesday.

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