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. Last Updated: 07/27/2016


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Report: KBC to Sell Absolut Bank

The Moscow Times
Belgian banking group KBC will sell Russian lender Absolut Bank to a private pension fund managed by Russian Railways, sources close to the deal said Tuesday.

Belarus Wants Appliance Import Duty Hikes

The Moscow Times
Belarus has proposed increasing import duties on household appliances to boost local manufacturing, but Russian producers say higher tariffs will result in more import violations.

Krasnodar Floods Land 4 Officials in Hot Water

The Moscow Times
Four Krasnodar region officials have been charged with criminal negligence for failing to adequately warn residents and undertake measures to prevent damage from flash floods on July 6 and 7, investigators said Tuesday.

Police Fear Nationalist Riots as Mirzayev Goes Free

The Moscow Times
Mixed martial arts fighter Rasul Mirzayev was found guilty of manslaughter on Tuesday but subsequently released, sparking fears that the court's decision could provoke nationalist riots.

Moscow Region Duma Going Ahead With iPad Order

The Moscow Times
The Moscow region Duma has said that it will go ahead with plans to buy iPads for the region's lawmakers, despite regional anti-monopoly authorities canceling the purchase.

Drug Police Seize Huge Heroin Haul

The Moscow Times
Drug police seized more than 175 kilograms of Afghan heroin in a special operation in the Tatarstan republic, the director of the Federal Drug Control Service said Tuesday.

Pussy Riot Shortlisted For Person of Year Award

The Moscow Times
Feminist punk band Pussy Riot has been shortlisted for Time magazine's Person of the Year award.

Health Ministry Gears Up for Mass Medical Checkups

The Moscow Times
Pull up your shirt and hold your breath — the Health Ministry is itching to launch a mass wave of medical checkups.

Medvedev to Take Part in Live TV Interview

The Moscow Times
Prime Minister Dmitry Medvedev will hold a live TV interview dedicated to the country's recent achievements and upcoming challenges on Dec. 7, two weeks before his mentor, President Vladimir Putin, will hold a news conference on similar topics.

Fired Construction Chief Dies 2 Weeks After APEC Sacking

The Moscow Times
A government official fired for missing construction deadlines on infrastructure projects for the Asia-Pacific Economic Cooperation Summit in Vladivostok has died from a suspected heart attack, Interfax reported.
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