News Highlights

Director General of the World Trade Organization, Pascal Lamy, said here Thursday it would be highly advisable for Russia to set up integration with the European Union.

The Russian government’s plans to weaken the ruble in a bid to stimulate faltering economic growth is unlikely to yield results, Central Bank First Deputy Chairman Alexei Ulyukayev said on Thursday.

The United States, in the first report on Russia‘s compliance with its World Trade Organization commitments, said on Wednesday it was closely watching Moscow for any violations that thwart U.S. exports to the world’s sixth-largest economy.

Bolshoi leadership announce plans for new season and refuse to discuss shocks including acid attack on ballet director

Hovercraft, bionic arms, space tourism and nuclear laptop batteries may all be products of the future to be created and brought to market by Skolkovo, the business education and technology center taking shape on the outskirts of Moscow.

Opposition lawmakers and businessmen said at a panel Thursday that Russia had lost billions of dollars due to cuts in import tariffs after its accession to the World Trade Organization.

The criminal cases against Russian opposition activists Sergei Udaltsov and Leonid Razvozzhayev is on its way to court.

A prominent Russian MP has called on the country to boost its “digital sovereignty” and wean its citizens off foreign websites followingrevelations that the US was operating surveillance systems to spy on foreigners’ electronic communications.

Investigators on Wednesday charged leftist opposition leader Sergei Udaltsov and his ally Leonid Razvozzhayev with staging “riots” at an authorized opposition rally on Bolotnaya Ploshchad in Moscow last May.

The next G8 summit will take place in the southern Russian Black Sea resort of Sochi in June 2014, Russian President Vladimir Putin announced Tuesday.