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. Last Updated: 07/27/2016


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Magnitsky Bill Likely to Reopen Old Wounds

Historical mistrust and relatively weak trade links could amplify the Magnitsky Act's damage to U.S.-Russian relations, although Washington will likely use caution in applying sanctions to Russians suspected of human rights violations, analysts said.

Medvedev Defends Foreign-Agent Law

In a live television interview, Prime Minister Dmitry Medvedev expressed support for a range of legislation that critics say is part of a crackdown on the political opposition, including a law requiring certain NGOs to register as foreign agents.

Putin Kicks Off South Stream Construction

President Vladimir Putin on Friday kicked off construction for the route to deliver Russian gas to Europe.

EU Under Pressure to Draft Magnitsky List

European lawmakers say support from EU member countries for a black list of suspected human rights violators is growing.

MegaFon Completes Acquisition of 50% of Yevroset

No.2 mobile operator MegaFon has completed a $1.07 billion deal to buy a stake in cellphone retailer Yevroset to expand the number of shops through which it can sell its services.

Rosneft and Exxon Sign Tight-Oil $300M Deal

Rosneft signed a $300 million agreement with U.S. energy giant ExxonMobil to assess the possibility of commercial production of Siberian tight oil, opening up access to geological formations that could yield billions of barrels of crude.

Baby Benefits Spent on Mortgages

The Moscow Times
Over a quarter of families receiving maternity benefits have used the one-off payment from the state to repay housing loans, according to official figures announced Friday.

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