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. Last Updated: 07/27/2016


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Russian Diplomats Evacuated From Libya (Video)

Russia evacuated its diplomats from Libya on Thursday after an armed group stormed the Russian Embassy in Tripoli and clashed with government security forces in a bloody shootout.

Amnesty Sought for Officials Who Fabricated Criminal Cases

Kremlin human rights council head Mikhail Fedotov on Thursday proposed an unusual provision for an upcoming amnesty marking the 20th anniversary of the Constitution: extending it not only to victims of fabricated criminal cases but also to officials who initiated the false charges.

Moscow Metro Needs a Break

Overcrowded, run-down and underfinanced, the Moscow metro has seen a series of breakdowns this year — including serious delays on Thursday — that have resulted in alarming news reports and consumer rights advocates calling for a thorough investigation.

Nomos Bank to Float 22 Million New Shares

Banking group Nomos is offering 21.8 million new shares to existing investors partly to fund the acquisition of a stake in rival Otkritie, the company said in a statement.

Russia Presses Piracy Charges Against Greenpeace Protesters

Russia has pressed piracy charges against all 30 people arrested after the environmental group Greenpeace staged a protest at an offshore oil platform in the Arctic, investigators said Thursday.

Sechin Confirms Interest in LUKoil Venezuela Stake

Rosneft may increase its exposure to oil in Venezuela, the world's top holder of crude oil reserves, by buying LUKoil's stake in a consortium, Rosneft's head Igor Sechin told reporters Thursday.

Moscow Bond Issue Gets Only 35% Take-up

The Moscow Times
In its first municipal bond issue in recent years, Moscow managed to sell only 35 percent of the securities on offer, raising 6.85 billion rubles ($212 million).

Ukraine Partnership With EU Fraught With Challenges

When Russia wants to get its point across, it tends to leave no room for misunderstanding. Put out by Europe's efforts to build closer relations with six countries in Eastern Europe and the Caucasus, former Soviet republics that Russia regards as in its sphere of influence, Moscow has been steadily turning up the heat.

EU Tells Yanukovych to Improve Business Climate

The European Union's trade commissioner has urged Ukraine to improve its business climate and carry out other economic reforms in time for landmark agreements with the bloc in November.

Traders Concerned by Kiev Debt Burden

Ukraine has muddled its way through several debt crises in the past, but investors and traders are concerned that default may finally be round the corner as the country's finances deteriorate and its relations with Russia worsen.

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