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. Last Updated: 07/27/2016


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Potential Suicide Bomber Reported in Sochi

After an Islamic extremist group promised to deliver a deadly "present" to visitors of the upcoming Sochi Winter Olympics, law enforcement authorities have said a potential suicide bomber had traveled to Sochi from Dagestan.

Ruble Expected to Stand its Ground, for Now

In a country like Russia, where a fair share of consumer goods come from abroad, the government's efforts to move to a more flexible exchange rate for the domestic currency could rattle retailers and restaurants big time.

Domestic Adoptions Policy Showing Results, Astakhov Says

The number of Russian orphans and abandoned children has dropped from 140,000 to a little under 107,000 in the past five years, due to state policies encouraging domestic adoptions, children's ombudsman Pavel Astakhov said Monday.

Pictures of Presidential Cortege Model Cars Appear on Internet

The Moscow Times
Photographs of scale models of two luxury cars that Marussia Motors is developing for senior state officials and the mass market under the so-called Cortege project have appeared on the Internet for the first time.

Fire Decimates Zoo in Russia's Far East

RIA Novosti
A faulty heater caused a fire at a city zoo in far eastern Russia, killing about two dozen animals but sparing the pride of the park, an extremely rare Amur leopard, local officials said Monday.

More Business Headlines

More Stories making business headlines: Uralkali agrees potash supply deal with China; Luxury hotels outperform flat market with 4% rates rise; Central Bank again shifts Ruble corridor by 5 kopecks.

Shoigu Breaks Ground on New Defense Building

The Moscow Times
Defense Minister Sergei Shoigu laid the cornerstone of a new military command and control center in Moscow on Monday, RIA Novosti reported.

U.S. Congressmen Raise Safety Concerns About Sochi Games

The Associated Press
Members of the U.S. Congress have expressed serious concerns about the safety of Americans at next month's Winter Olympics in Sochi and said Moscow needs to cooperate more on security.

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