News Highlights

Russian military takes step toward civil society?

Striking changes have started taking place in Russia’s armed forces since Sergei Shoigu took over as defense minister. For example, last week the military posted what until then had been top-secret data online — specifically, the nation’s army and navy development and building plans through 2020.

Over $45 billion in ‘suspicious transactions’ left Russia in 2013

Cyprus, Hong Kong, the Cook Islands, Switzerland, Latvia, and other ‘offshores’ is where over $45.5 billion of Russian wealth ended up in the first half of 2013, according to new figures from the Russian Central Bank. The figure is up more than a third year-on-year, which last year reached 1 trillion roubles, Izvestia reports.