Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said Friday, as authorities scaled up the bailout of the first bank to succumb to the currency crisis.
Russia's Justice Ministry has slapped the menacing "foreign agent" label on the Andrei Sakharov Center, a group dedicated to defending human rights and preserving the legacy of victims of Soviet repressions.
A year that began in a flash of Olympic glitz and glory is ending on a much darker note, amid an economic meltdown aggravated by the tensest diplomatic standoff between Russia and the West since the Cold War.
Major state-run holding Gazprom Media has hired as its new head the chief organizer of the 2014 Sochi Olympics, Dmitry Chernyshenko, to replace Mikhail Lesin, who resigned last week.
Russian Foreign Minister Sergei Lavrov said Ukraine's pursuit of NATO membership posed a danger to European security.
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.