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. Last Updated: 07/27/2016

11/07/2012

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Putin Fires Defense Minister Amid Scandal

President Vladimir Putin on Tuesday fired Defense Minister Anatoly Serdyukov in connection with a corruption scandal and appointed Moscow Governor Sergei Shoigu in his place.

Shoigu Seen as Ideal Fit to Head Defense Ministry

Sergei Shoigu said he was surprised by his appointment to replace Anatoly Serdyukov as defense minister, but his combination of popularity among the public and loyalty to the Kremlin makes him a fitting choice to head one of the country's most important sectors.

World Cup Cities Draw Hotel Brands

Now that FIFA has finished choosing the host cities for the 2018 World Cup in Russia, the race is on to build hotels there.

Renovations Key for Luxe Hotels to Compete

When the Ararat Park Hyatt opened in Moscow 10 years ago, it was one of a very small group of luxury hotels in Moscow. Facing ever-increasing competition from newly opened hotels, however, the international hospitality giant needed to take its service up a notch.

Grocery Store Slavery Case Opened

The Investigative Committee said Tuesday that it had opened a criminal case into allegations that Uzbek nationals were held captive at a Moscow grocery store and forced to work as slaves for a decade.

Moscow Region Loses Capable Governor in Shoigu

Since his appointment as Moscow region governor in May, the former Emergency Situations Minister improved management and set the troubled region on the road to economic modernization.

Super Regulator Will Require Superior Organization

The head of Russia's Federal Service for Financial Markets Dmitry Pankin warned Tuesday that the amalgamation of his agency into the Central Bank to create a single financial regulator could result in  "organizational collapse."

Report: State Role in Economy to Grow

Despite having announced ambitious privatization plans, the government might still seek to expand its role in the economy through state-owned companies, which have been used as cash-cows in recent years to finance big infrastructure and social projects.

Portable Toilets Going Upscale

In case anybody has doubts about Muscovites' posh tastes, gold painted, high-comfort portable toilets will soon be springing up around the city. Moscow's housing and utilities department is expected to announce an auction this week to select companies that will get the rights to install the luxurious lavatories.

Low Grade Fuel Product Exports Not Declining

The Moscow Times
The effort to reduce the country's exports of cheap petroleum products has come to nothing so far.

Hunger Strikes in Industrial Heartland Test Loyalty to Putin

Reuters
Factory smokestacks tower over weathered wooden houses in this provincial town, part of the industrial heartland that helped propel Vladimir Putin into the presidency.
Shoigu running during a football match while campaigning for the United Russia party in Perm in November 2003.

Issue 5008

Shoigu running during a football match while campaigning for the United Russia party in Perm in November 2003.

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