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. Last Updated: 07/27/2016

08/23/2012

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Lawmakers Seek to Strip Central Bank of Independence

A group of Duma deputies is seeking to deprive the Central Bank of its interest rate setting powers, saying that it was set up as a tool of the U.S. government, in a move that has provoked hilarity and incredulity among experts.

Orthodox Businessman Thinks Pussy Riot May Be Behind His Problems

A devout Orthodox businessman who once threatened to fire employees who had sex outside of marriage found himself in the spotlight again Wednesday after a report claimed he had been detained on suspicion of illegally seizing land plots in the Moscow region.

Spanish Police Arrest Khimki Forest Activist

Acting on a new request from Russian prosecutors, Spanish police have arrested one of the suspected masterminds of a July 2010 mob attack on Khimki’s City Hall.

Business Fights Back Against Kremlin War on Vice

With World Trade Organization membership taking effect this week, lovers of high-end imported spirits are in for a treat: Tariffs on whiskies, cognacs and other fine spirits are set to fall to make imported booze more competitive with local production.

No Borshch For APEC Attendees

Free catered meals at next month’s Asia-Pacific Economic Cooperation summit in Vladivostok will include blinis but no borshch.

Russian Goes From Jail to Pro Soccer in Chile

The Associated Press
Fog blankets the grassy soccer field surrounded by chickens and grazing cows as the players of Santiago Morning sprint through a practice game. It's just another training session in Chile's second-tier soccer league, but at least one man plays like a child running free in a pasture.

Kyrgyzstan Coalition Falls as Parties Exit Over Economic Woes

Reuters
Kyrgyzstan's coalition government collapsed on Wednesday after two parties withdrew in protest over a shrinking economy and alleged corruption in the volatile former Soviet republic.

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