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Moscow hopes to sign a visa relaxation agreement with the European Union before the end of 2013, Russian Foreign Ministry Ambassador at Large Anvar Azimov said.

Domestic crude oil prices in Russia, the world’s top producer, surged by over 14 percent to an all-time high last week due to cuts in volumes usually supplied to the spot market by TNK-BP, acquired by Rosneft, and higher international oil prices, traders said.

Russian equities dropped as OAO Magnit tumbled on concern the nation’s biggest food retailer may be forced to close stores in Moscow.

Russia’s government has given the green light to a stimulus programme designed to jump-start the country’s slowing economy with a range of infrastructure investments and breaks for small and medium-sized businesses.

The two Russians arrested in what prosecutors call the largest online fraud case brought in the United States were caught through a combination of high-tech tools, dogged detective work and sheer luck.

The heads of the FBI and the Russian security service have been meeting about NSA leaker Edward Snowden, but a spokesman for President Vladimir Putin said Friday that Moscow will not extradite him to the United States.

Russia plans to ship less than 1 million barrels a day of Urals crude from the port of Primorsk for a third month, with shipments set to drop to the lowest in more than five years, a preliminary loading program showed.

A rabbi was shot and gravely wounded Thursday by an unidentified gunman in Russia’s predominantly Muslim province of Dagestan in what officials described as a hate crime.

Investigators have brought charges against four men over a recent high-profile murder case that ignited smoldering ethnic tensions in the Russian town of Pugachyov, the Investigative Committee said Thursday.

Authorities in Sochi have inspected the Sochi office of Memorial, one of Russia’s leading human rights organizations, Human Rights Watch said today. The inspection came the day after the office’s coordinator handed the local prosecutor’s office a complaint alleging serious violations against migrant workers by a company involved in construction for the 2014 Winter Olympics.