President Barack Obama said Thursday that he had signed into law a new Russian sanctions bill passed by Congress but did not intend to impose further sanctions against Moscow for now.
Beaming confidence, Putin refrained from seizing the opportunity to announce any sweeping policy reforms with regard to Russia's economic crisis during his annual news conference Thursday.
Putin's expression of support for billionaire Sistema owner Yevtushenkov following his release from house arrest sent the conglomerate's stock up 90 percent in an abrupt change of fortunes for the embattled company.
At 8 p.m. on Wednesday, GUM, a historic chic shopping mall near the Kremlin, had more salespeople than customers.
From a Western perspective, Putin's days as president of Russia should be numbered: The ruble has lost more than half its value, the economy is in crisis, and his aggression in Ukraine has turned the country into a pariah.
Arts & Ideas
Russia and Abroad
Itĺs a challenging time for German and Russian businesses, especially smaller and mid-sized companies. Some had recently localized production in Russia, making long-term commitments to the country. Large investment funds had been looking for prospects in the real estate market. Now some of these investors have put their plans on hold.
The Austrian season of culture, which took place in Russia in 2013 and 2014, gave artists from both countries an unprecedented opportunity for creative exchange and joint projects. The cooperation of institutes and artists from all areas of culture expanded far beyond the framework of particular events.
Moscow Times Guides
The 'CEO of the Year Russia 2014' awards come at just the right time. They celebrate the achievements of the best CEOs. They are a lesson in the possible, a benchmark to aspire to and something to be proud of.
If you are like most travelers, probably the only time you stayed at an airport hotel was when a flight was delayed or cancelled Ś and the hotel was the sad end of a miserable day. First you and several thousand other stranded souls milled about the airport, hoping for good news.