Concerns are rising among U.S. businesses in Russia that Washington lawmakers could move to enshrine sanctions on Russia in new legislation, extending their impact and delaying their repeal.
Russia's capital Moscow has ranked in ninth place on a list of the world's most dangerous transport systems for women while the United States' New York was voted the safest for women commuters.
Poroshenko threw his support behind Arseniy Yatsenyuk for a new term as prime minister , ending speculation he would seek to try to bring in his own candidate as head of a new pro-Europe, reformist government.
Less than a month after the last guests left, the vast hulk of the Moskva hotel at the end of Tverskaya Ulitsa is being stripped bare in what could be the biggest junk giveaway in the city's history.
Russia's Central Bank raised its main lending rate by 1.5 percent at a board meeting on Friday, citing concerns about above-target inflation, weak oil prices and a toughening of Western sanctions.
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
A darling of foreign investors, the automobile industry is withering amid the general economic slowdown, but another star, pharmaceuticals, is on the horizon. The value of medicines produced last year increased 13 per cent, compared to the previous year, according to Industry and Trade Minister Denis Manturov.
Russiaĺs hotel and hospitality business is booming ľ with uniquely designed hostelries, updated Soviet chic, more spaces to congregate and celebrate, and summer menus to welcome the warm weather.