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. Last Updated: 07/27/2016


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Putin Confronts Economy's Long-Term Flaws

The worst of the economic crisis is over and the economy is under control, but it is time to steer the economy back into growth mode, President Vladimir Putin said at an investment forum Wednesday.

New Economic School Appoints Guriev Replacement

The Moscow Times
Bulgarian economist Simeon Djankov has taken on the rectorship of the New Economic School, bringing extensive international experience to a post left empty when Sergei Guriev emigrated in fear of prosecution earlier this year.

Only One Russian University Makes Latest World Rankings

Russian universities have fallen on a renowned list of the world's top 400 universities to be published Thursday, with the country's most famous school dropping out of the top 225 and no others from Russia making the cut at all.

Maduro Backs Putin's Nomination for Nobel Prize

The Moscow Times
Venezuela's President Nicolás Maduro said that President Vladimir Putin's efforts to prevent a strike on Syria make the Russian leader deserving of the Nobel Peace Prize.

Curious Drug Raids in Russia (Photo Essay)

The Moscow Times
The Federal Drug Control Service, which in its sometimes seemingly over-zealousness has resorted to busting some curious locations and arresting some unsuspecting individuals, as explored in this photo essay.

14 Greenpeace Activists Face Piracy Charges

At least 14 crew members of a Greenpeace ship, the Arctic Sunrise, who took part in a protest near a Russian oil platform in the Arctic were hit with piracy charges Wednesday, in what Greenpeace called "an assault on peaceful protest" meant to intimidate environmental activists.

Rosatom to Build Bangladesh's First Nuclear Power Plant

A subsidiary of Rosatom signed a contract with the Bangladesh Atomic Energy Commission on Wednesday to design the Rooppur nuclear power plant, the first of its kind in a country plagued with electricity shortages.

Gay Activist Wins Court Appeal, Dealing 'Severe Blow' to Anti-Gay Law

A Ryazan region court has overturned an administrative charge against an activist who was fined under a regional statute banning gay propaganda among minors, in a ruling that a gay rights leader called a "severe blow" to a similar national law passed in June.

Tinkoff Credit Systems Plans $750M IPO

Russian credit card supplier Tinkoff Credit Systems is aiming to raise $750 million through an initial public offering, a source close to the placement said Wednesday.

AvtoVAZ Posts Loss in 1H 2013

The country's largest carmaker AvtoVAZ swung to a first-half net loss as Russia's economic slowdown took a heavy toll on demand.

Red Caviar Shortage Averted

RIA Novosti
A looming shortage of red caviar on the domestic market has been averted with the help of supplies from Alaska, whose fishing industry boasted a record output of the delicacy this season, a governmental official said Tuesday.

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