Russia’s Supreme Court cut former oil tycoon Mikhail Khodorkovsky’s jail sentence by two months on Tuesday, allowing one of President Vladimir Putin’s biggest critics to walk free in August 2014 after more than a decade behind bars.
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Russian Air Force to Get First T-50 Fighter Jet This Year
The Russian Air Force will take delivery of its first fifth-generation T-50 fighter jet “in the third quarter of this year” for final state test flights starting in the fourth quarter, the service’s commander Lt. Gen. Viktor Bondarev said Tuesday.
Ruble slides further amid economic slump
In July 2013, in order to bolster the ruble, the Central Bank sold the largest volume of currency since 2011. No one expects the ruble to gain strength in the near future.
The Interior Ministry Initiates Criminal Proceedings Against Bloodhound Gang
In response to the “desecration” of the Russian national flag by the American rock band the Bloodhound Gang during a performance in Ukraine, Russia’s Interior Ministry (MVD) is seeking to file criminal charges and try the band’s bassist under Article 329 of the Russian Criminal Code. However, the band and the member under question are […]
Record Amount of Candidates and Parties for Chechnya Elections
In Chechnya, the Electoral Commission registers anyone who wishes to participate in the parliamentary elections, which resulted in a record number of candidates for parliamentary seats. The majority of registered parties do not have their offices in the republic and are not going to spend money on campaigning. “Spoilers” will help to strengthen the position […]
Public Officials Transfer Their Balances from Foreign Banks to the VTB Group
Repatriation of balances from accounts in foreign banks by public officials contributed to a record growth of deposits in “VTB 24”, according to the bank’s president, Mikhail Zadornov. By July individuals’ balances in “VTB 24” reached 982 bn roubles, an increase by 163.6 bn, or 20% since the beginning of the year. This is a […]
Gazprom Negotiating for Argentinian Assets
State gas corporation Gazprom is making Latin America its new priority market and is increasing development in the region.
Russian Drug Police Mix Up National Flag Colors
Drug users often report confusion and hallucinations, but it was Russia’s counter-narcotics watchdog that mixed up the pattern in the simple three-stripe design of the national flag, and then tried to blame the blunder on the wind when chided by bloggers.
Russian Activists Involved In ‘Putin’s Dacha’ Investigations Jailed
Four environmental activists in the Russian Black Sea resort town of Gelendzhik have been found guilty of fraud.
Billionaire Timchenko to Create Aviation Holding – Report
Billionaire oil trader Gennady Timchenko intends to create a holding company to manage and consolidate his aviation assets, the Vedomosti business daily reported Monday, citing a spokesman for the entrepreneur.