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. Last Updated: 07/27/2016


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Ukraine Unrest Spreading to Russia? Unlikely

With violent clashes between protesters and law enforcement in Ukraine showing few signs of diminishing, pro-Kremlin commentators and lawmakers in Russia have issued dramatic warnings about the possibility of unrest spreading across the border.

From U.S. University Student to Zimbabwe's First Winter Olympian

The slogan of the Sochi Olympics — "Hot. Cool. Yours." — hits home for Zimbabwean alpine skier Luke Steyn, who will be representing his subtropical country in its first Winter Olympics.

Navalny Publishes Sochi Corruption Report

Whistleblower and opposition leader Alexei Navalny on Monday published an investigation into the construction of Olympic facilities in Sochi that said contracts had been repeatedly altered to inflate their cost, allowing officials to embezzle billions.

Putin's Pardon Motivated by Domestic Concerns, Khodorkovsky Says

The Moscow Times
Former tycoon Mikhail Khodorkovsky has said his surprise release from prison last month may have been an attempt by President Vladimir Putin to reassert his authority among recalcitrant members of his entourage, instead of trying to improve Russia's image abroad.

Today in History, Jan. 28

The Moscow Times
Eighteen years ago today, on Jan. 28, 1996, the poet and essayist Joseph Brodsky died in New York at the age of 56. During the Brezhnev period of stagnation, Brodsky was expelled from the Soviet Union, and in 1987 he was awarded the Nobel Prize for literature

Ministry Mulls Tax Break for Landlords

An Economic Development Ministry proposal to halve the tax rate on income from apartment rentals is a step in the right direction, but still unlikely to pull the mass of unregistered landlords into the open, real estate consultants said Monday.

Protest in Press Room Not Podium, IOC Says

Athletes at next month's Sochi Winter Olympics may be punished for making statements on the podium against Russia's anti-gay law or human rights record but can do so at news conferences without fear of sanction, the International Olympic Committee said.

Ukraine Minister Moots State of Emergency After Activist Raid

Ukraine's justice minister threatened on Monday to press for a state of emergency if protesters did not vacate a ministry building they occupied overnight in the third such action in street protests against President Viktor Yanukovych's rule.

Russia and Britain to Work Together on Defense Projects

RIA Novosti
Russia could begin to sell weapons to Britain for the first time under a pioneering defense treaty between the former Cold War enemies, according to a report Monday.

Putin Commemorates Siege of Leningrad Victims

President Vladimir Putin paid tribute to victims of the Siege of Leningrad on Monday in St. Petersburg and spoke to survivors who said that the name for the celebrations marking the end of the blockade should be changed.

More Business Headlines

More Stories making business headlines: Russia Considers Restrictions on Pork Imports from Europe; Gazprom Mulls Share Buyback; MegaFon Signs Contract With Apple to Resume iPhone Sales.

AvtoVAZ Cutting Staff, Offering Severance Packages

AvtoVAZ, the country's largest carmaker, is about to lay off some of its workers, following a slump in sales last year and gloomy forecasts for the coming year.

Sliding Ruble to Curb Elite Real Estate Sales

The Moscow Times
The falling value of the ruble will hobble Moscow's high-end real estate market, in which values are pegged to hard currency, a real estate analyst said.

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