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Russian street protests back to where they came from
Wednesday, 05 December 2012 10:12
Exactly a year ago, after the elections to the State Duma, Russian cities saw mass protest rallies. They were the largest in Moscow, although at first rallies in other cities were significantly more numerous than usual. However, two or three months later the rallies became limited to Moscow and, to some extent, St. Petersburg...
Has Putin yielded Assad to the West in Turkey?
Tuesday, 04 December 2012 18:41
Russian President Vladimir Putin had paid a previously delayed visit to Turkey. According to the Turkish press, Putin came to talk about cooperation in the economic field. The discussion of political issues was pushed into the background. This is not the case: the parties discuss both the successes and conflicts which are plentiful...
Pounds for dollars: Sberbank executive bonuses linked to weight-loss
Monday, 03 December 2012 16:32

Customers at the new Sberbank office (RIA Novosti/Igor Zarembov)

Top managers at Russia’s biggest lender Sberbank have to trim down if they want to receive bigger bonuses at the end of the year, according to bank policy.

­The income of Sberbank employees has been tied to the speed at which they get rid of any extra kilograms, slon.ru reports. The ...

Bingo: Russia nationalizes lottery business
Monday, 03 December 2012 16:29

Gosloto lottery outlet on Profsoyuznaya Street, Moscow. (RIA Novosti/Georgiy Kurolesin)

The Russian government plans to ban private lotteries and increase revenues of the state-run games ten-fold. Experts suggest the new rules could see record breaking Russian jackpots.

­The new legislation on lotteries will prohibit all private lotteries from 2014, ...

Russian oligarchs head into $1.4bn court battle in London over Norilsk Nickel
Monday, 03 December 2012 14:13

President of En+ Group and CEO of RUSAL Oleg Deripaska (L) and Interros Company President Vladimir Potanin (RIA Novosti/Alexey Filippov/Vladimir Fedorenko)

The High Court in London is due to start hearing a $1.4bn dispute over rights at Norilsk Nickel between Russian billionaire Vladimir Potanin and Oleg Deripaska, the owner of the world largest...

Putin to surprise many with his work stamina
Monday, 03 December 2012 13:56
On Monday, December 3rd, Vladimir Putin will make his first official business trip in nearly two months - to Turkey. During the meeting with the Turkish Prime Minister, Putin plans to discuss a number of critical issues. The same day, the Russian leader will return to his homeland, but not to Moscow...
Germany’s RWE to give up Nabucco project
Monday, 03 December 2012 11:44

(L-R) European Commission President Jose Manuel Barroso, prime ministers Gordon Bajnai of Hungary, Werner Faymann of Austria, Recep Tayyip Erdogan of Turkey, Sergei Stanishev of Bulgaria and Emil Boc of Romania attend the Nabucco Gas Pipeline signing ceremony in Ankara, on July 13, 2009. (AFP Photo/Burhan Ozbilici)

German second largest energy...

UBS near a deal over Libor rigging
Monday, 03 December 2012 09:22

A logo of the Swiss banking giant UBS (AFP Photo/Fabrice Cofrini)

Swiss bank UBS AG is reportedly close to settling an investigation by US and British authorities over alleged Libor rate manipulation and could pay a more than $450 million fine.

­Currently the bank is in discussions with the Commodity Futures Trading Commission, the US Justice ...

Are we there? Nyet! Russians stuck in traffic jam for two days
Sunday, 02 December 2012 20:41

Thousands of cars and trucks stranded in 35-mile tailback after heavy snow hits Moscow-St Petersburg motorway

Thousands of lorries and cars have been stuck, some for more than two days, in a traffic jam dozens of miles long caused by heavy snow north-west of Moscow, Russian media have reported.

Police in the Tver region said field kitchens were...

Police 'ignored' fears that Russian mob killed witness who fled to Britain
Sunday, 02 December 2012 01:06

Alexander Perepilichnyy, who was found dead outside his home, had been a key informant in massive Moscow tax fraud

Police investigating the death of a whistleblower found dead in Surrey were unwilling to believe that the Russian mafia may have been involved and "brushed off" attempts to explain that he had been at risk from an international...

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