News Highlights

NGO Memorial Avoids ‘Foreign Agent’ Tag

A St. Petersburg court has ruled that the city’s branch of the nongovernmental organization Memorial does not have to register as a “foreign agent” in a decision that could impact upon other NGOs hit with the same charges.

Ulyukayev Lauds Loans Auctions

July 16, 2013

Economic Development Minister Alexei Ulyukayev said Tuesday that the Central Bank’s decision to launch auctions for loans secured against non-market assets and guarantees is a more effective way to boost economic growth than cutting key interest rates.