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. Last Updated: 07/27/2016


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Culinary Institute Head Hit With Extortion Charge

The son of a former deputy interior minister has been accused by his father’s ex-employer of extorting 7 million rubles ($238,000) in his role as rector of a Moscow culinary institute.

Moscow Region Governor to Leave Post in May

The powerful governor of the Moscow region will step down once his term ends in May, signaling that the Kremlin is serious about removing unpopular governors before the possible return of direct gubernatorial elections this year.

France's Orange Telecoms Race Takes Stamina

Both sports and business have given Christophe Joanblanq a firsthand feel for the country's vast geography.

Election Promises Not a Budget Burden, Dvorkovich Says

Kremlin economic adviser Arkady Dvorkovich said Friday that bringing the pledges made by President-elect Vladimir Putin during the election campaign to life is unlikely to put additional pressure on the budget and undermine Russia's financial stability.

Assailant in London Shoots Expat Banker

London police have confirmed that the man shot several times in the business area of the East End last week is former Russian banker German Gorbuntsov.

M&A Deal-Making Drops

The Russian mergers and acquisition market posted a drop last year against a global decline in M&A activity while foreign purchases of Russian assets stayed almost the same.

Shmatko Stands Up for Independent Gas Producers

Energy Minister Sergei Shmatko has called for long-term changes in the gas industry in a move with unclear chances, as the minister's own future in the Cabinet is up in the air.

Rallies in St. Petersburg and Moscow Yield Varied Results

The Moscow Times
Activists accused of trying to disrupt an opposition rally were arrested during a sanctioned event in St. Petersburg Saturday, while a "press conference" style rally in Moscow hosted a discussion about the future of the protest movement.

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