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. Last Updated: 07/27/2016


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Technology Expert Sees Fear of Failure Inhibiting Russian Innovation

Despite its extraordinary scientific capacity, a stated desire to be competitive and the availability of capital, it may take several generations before Russia's investment in innovation will bear fruit, a report by MIT on the country's role in global innovation shows.

Jittery Brazil Spied on Russian Officials

Brazil's spy agency monitored and photographed the activities of a senior Russian diplomat and other officials over fears that Moscow might be engaged in espionage as it seeks to become a major arms supplier to the South American country.

Central Bank Holding Contest to Pick Ruble Symbol

The Moscow Times
The Central Bank is asking Russians to weigh in on selecting an official symbol for their national currency by voting in an online survey for one of the five proposed symbols for the ruble, according to the regulator's website.

Football Fans Warned Against Earning Negative Reputation

RIA Novosti
Russian lawmakers expressed concern Tuesday that Russian football fans could become undesirables at matches abroad after rowdy supporters were thrown off a Manchester-bound flight.

Alleged Extremist 'Recruited Shy Girls'

An man thought to be a member of the extremist group Takfir wal-Hijra has been arrested in the Moscow suburb of Balashikha for recruiting four young women and engaging in extremist activity, the Interior Ministry said.

Latvia Eurozone Entry to Cement Shift Away From Russia

The eurozone's next entrant, Latvia, will push for tight budgets, labor reforms and free trade deals when it joins the bloc next year, Prime Minister Valdis Dombrovskis said.

Ethnic Affairs Ministry Mulled as Anti-Migrant Sentiment Rises

A day after hundreds of detentions at numerous nationalist rallies across the country, media reports circulated Tuesday that the government is considering creating an interethnic relations ministry to keep tensions under control.

Ministry Lambasts Extraterritorial U.S. Tax Compliance Act

The Moscow Times
The U.S. Foreign Account Tax Compliance Act, which forces foreign banks to comply with the U.S. law, goes against generally accepted international norms, the Foreign Ministry said.

Power Failure Hampering Sochi Luge Training

The Associated Press
Power failures are hampering luge training for U.S. and international teams at the Sochi track, where dozens of sliders this week are preparing for the Winter Olympics.

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