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. Last Updated: 07/27/2016

01/13/2012

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OSCE Raps State Duma Elections in Report

The Dec. 4 State Duma elections failed to meet democratic standards and were fraught with violations.

Capital Outflow Torrential in Second Half of 2011

Capital outflows totaled $84.2 billion last year according to data released by the Central Bank on Wednesday, the second-highest figure since 1994 and a big jump from the $33.6 billion that exited Russia in 2010.

Putin Pledges to Fight Own Legacy

Prime Minister Vladimir Putin proposed a radical rollback of his own social and fiscal policies in a draft of his presidential program, which touts economic modernization and strengthening rule of law.

New Financial Crime Task Force Ordered

President Dmitry Medvedev ordered First Deputy Prime Minister Viktor Zubkov to create and head a task force to fight financial crime, including money-laundering and tax evasion.

Audit Finds Record Cash Misspent

State officials misspent more than 718 billion rubles ($22.7 billion) from the federal budget last year, the record amount in a decade.

Putin Threatens Firings Over Utility Tariffs

Prime Minister Vladimir Putin on Thursday threatened to oust governors of regions where utility tariffs have skyrocketed this year if he wins the presidential election in March.

New Car Market Coming Back Fast

Russia's new car market will rise to 4 million in annual sales by the middle years of the current decade.

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