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. Last Updated: 07/27/2016


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Tax Tweaks Jeopardize City Road Spending

The city treasury is on course to take a painful hit from new federal tax legislation — an annoying hurdle in the effort to elevate Moscow as a global financial center by spending big on roads and the subway.

United Russia Candidate Loses Tolyatti Mayoral Race

United Russia suffered a rare setback in the industrial city of Tolyatti on Sunday when its mayoral candidate was trounced by a nonparty opponent with links to businessman and former presidential hopeful Mikhail Prokhorov.

City Keeps Infrastructure Spending Level

City Hall is planning to maintain the spending level of its annual infrastructure program for the metro, other transportation and housing.

RusAl Net Plummets Due to Norilsk Reversal, Price Drop

United Company RusAl said Monday that its net profit slumped 92 percent in 2011 from a year earlier due to a decline in the value of its stake in Norilsk Niсkel, an apple of discord between the aluminum giant's billionaire owners.

Tougher Drug Punishment Proposed

Federal drug authorities have drafted a bill introducing prison terms of up to two years for drug abuse.

Minister Declares Push for Milk Standards

The Agriculture Ministry has begun a dairy crackdown in an effort to wipe out unfair competition in the industry led by America's PepsiCo and France's Danone.

NTV Says Proposed Boycott is Anti-Democratic

The Moscow Times
The ownership of state-controlled channel NTV said the boycott of the channel called for in reaction to a program critical of the protest movement is anti-democratic and harmful to free speech.
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Belarus Unmoved Despite Criticism

The Kremlin on Monday hosted controversial Belarussian leader Alexander Lukashenko for talks about deeper economic integration amid growing calls for tougher sanctions against Belarus for the execution of two convicted bombers.

Russian Ex-Stripper Jailed for Plot to Kill Husband for Real Estate

Tatarstan's top court has sentenced a former stripper to five years in prison for hiring a hit man to kill her husband and his mother for their property.

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