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. Last Updated: 07/27/2016


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Naryshkin Challenges PACE Criticism of Russia's Laws

After the Council of Europe issued a damning report calling Russia's legislation repressive and its justice system politically motivated, the Russian delegate to the council disputed its findings and said it needed to fully revise its "anachronistic" monitoring procedure.

Kremlin Chief of Staff Surprised but Not Alarmed by Navalny

Sergei Ivanov, speaking in a far-ranging interview with four newspapers, also sees little reason to worry about a rift in U.S.-Russia relations and says he and Putin sometimes converse in Swedish.

European Lawmakers Take Russia to Task Over Gays and Navalny

Lawmakers with the Parliamentary Assembly of the Council of Europe are to consider a resolution criticizing Russia for "politically motivated justice" and urging it to roll back tough laws on Internet speech, street protests, NGOs, and the "promotion of homosexuality" to minors.

Academy Nominates Putin for Nobel Prize

The Moscow Times
An obscure academy has nominated President Vladimir Putin for the 2014 Nobel Prize in light of his involvement in the attempts to resolve the Syrian crisis.

U.S. Skier Says Russian Anti-Gay Law Embarrassing

The Associated Press
Bode Miller felt no need to measure his words when asked about the Russian anti-gay law that is getting plenty of attention ahead of the Winter Olympics in Sochi.

Putin Hikes Top Officials' Wages Despite Budget Crunch

RIA Novosti
President Vladimir Putin has ordered significant salary raises for the heads of the country's law enforcement agencies and prosecutor general, as well as for federal ministers, despite the government's current drive to curb salary increases for civil servants.

Minister Pushes Intensive Approach to Economic Salvation

Faced with a sputtering economy, the government must move quickly to increase transparency, reduce bureaucracy and implement structural reforms if it hopes to encourage growth and new investments, state officials and market players said at a VTB Capital investment forum.

Army to Buy 750 Pieces of Hardware in 2014

RIA Novosti
The Ground Forces will purchase more than 750 units of military hardware in 2014, including Iskander-M missile systems, Tornado-G multiple-launch rocket systems and Typhoon and Tigr-M armored vehicles, the Defense Ministry said in a statement Monday, ahead of the Ground Forces Day celebrated in Russia on Oct. 1.

Russia Grants Ukraine Extension on Loan

RIA Novosti
Ukrainian state energy company Naftogaz Ukrainy said Tuesday that it had negotiated a new deadline for its repayment of a $2 billion loan to neighboring Russia's state-controlled Gazprombank.

Oil Extraction Tax Cut

Russia introduced new tax breaks this week, encouraging oil firms to explore hard-to-reach undersea fields, in the hope of unlocking new reserves as the country approaches full production capacity from its dwindling oil deposits in western Siberia.

QIWI Prices Float at $8.2M

Russian payment transfer company QIWI priced its float of about 8.2 million shares already owned by its stakeholders at $30.5 per share Tuesday.

Russia Drops Right to Limit Banks From OECD Countries

The Moscow Times
President Vladimir Putin ratified a law Tuesday under which the Central Bank's right to limit the activities of Russian branches of foreign banks will no longer apply if the bank in question is from a member country of the Organization for Economic Cooperation and Development, or OECD.

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