Energy Minister Sergei Shmatko said Friday that he opposes proposals for the government to sell a stake in oil-pipeline operator Transneft, RIA-Novosti reported on Friday. (Bloomberg)
Ecuador is seeking a $2 billion credit from Russia to buy Russian equipment, including for hydropower projects, state-run electricity exporter Inter RAO said Friday.? (Bloomberg)
Russian farmers harvested 52.6 million tons of grain in the current marketing year as of Friday, 32 percent less than a year earlier, Interfax reported, citing Agriculture Ministry data. (Bloomberg)
Sberbank will lend as much as 150 billion rubles ($4.8 billion) over 15 years to power distributor MRSK Holding, the companies said Friday. (Bloomberg)
The government aims to attract more than 400 billion rubles ($13 billion) in private investment in the North Caucasus over the next five years to help alleviate poverty and quell extremism, Alexander Khloponin, the Kremlin envoy to the Federal North Caucasus District, said on Friday. (Bloomberg)
Turkmen President Gurbanguly Berdymukhammedov said the east-west pipeline his country is building may link to the European Union-backed Nabucco system, Vedomosti reported Friday.? (Bloomberg)
State-run Sberbank and its largest private rival, Alfa Bank, each raised $1 billion in eurobonds Friday, as strong demand enabled them to secure lower yields than originally expected.? (Reuters)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Remind me later.