On June 17, the G8 Summit was held in Lough Erne, Northern Ireland, but President Putin held a series of bilateral meetings in advance, including his first meeting since June 2012 with US President Barack Obama. A month before, the presidents had exchanged messages; diplomats of both countries had said that at this meeting the […]
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Court Denies Navalny’s Witnesses
[Lenta has posted this update on Alexey Navalny’s trial for embezzlement, noting that the oppositional leader has been denied the right to call witnesses in his defense. — Ed.] Judge Sergei Blinov refused to summon any of the witnesses, declared by the defense under the “Kirovles” Case. He ruled that in the motion to summon […]
Russia Looks to Weaker Ruble for Revival
Russia signaled it would allow the ruble to weaken to help revive stalling economic growth as the Kremlin grasps for options to breathe life back into its oil-dependent economy during the sharpest slowdown the country has seen since 2009.
IMF Economist Calls for Ambitious Reforms
Antonio Spilimbergo, an economist at the International Monetary Fund (IMF), has said that “ambitious economic policy reforms” are necessary to battle back against high inflation and slowing economic growth and realize the economy’s potential, after meeting with high ranking governmental officials in Moscow this week.
Latvian Bank Fined For Magnitsky-Related Money Laundering
A Latvian bank has been hit with the stiffest fine possible for involvement in money laundering connected to the case of the whistle-blowing Russian lawyer Sergei Magnitsky.
Russian Opposition Figure Charged with Plotting Mass Riots
Russian prosecutors have charged opposition activist Leonid Razvozzhayev with plotting mass riots during a demonstration in Moscow last May, his lawyer Dmitry Agranovsky told RAPSI on Wednesday.
Russia opens criminal investigation into Aeroflot executive
Russian officials have opened a criminal investigation into a deputy head of state-controlled airline Aeroflot on suspicion that he abused his position by selling cheap tickets to travel agents linked to his family.
Russia’s Putin Calls for IMF Overhaul, Bigger Role for BRICS
Russia will use its presidency of the G20 to push for a radical overhaul of the International Monetary Fund and changes to its voting system to give developing economies a stronger voice, President Vladimir Putin said Thursday in an interview with RIA Novosti.
U.S. and Russia Sign New Anti-Proliferation Deal
Russia and the United States have a signed a bilateral agreement for protecting, controlling, and accounting for nuclear materials, continuing important aspects of a now-defunct program that was seen as a cornerstone of post-Soviet cooperation between the former foes.
Russian Rights Defender Fined For Refusing Demand For Documents
Prominent Russian human rights activist Svetlana Gannushkina has been fined for refusing to provide documents demanded by prosecutors.