Complete coverage of the U.S.-Russia summit, being held July 6-8 in Moscow.

Sweden's TV8 interviewed Moscow Times editor Andrew McChesney about the Russian economy and the upcoming president election during the World Economic Forum in Davos, Switzerland. The interview was broadcast on TV8's news program late last week.

Vladimir Nekrasov, owner of leading cosmetics retailer Arbat Prestige, was placed under arrest Thursday on suspicion of large-scale tax evasion.

With the rumblings of a global recession providing the backdrop, some big financial players prefer what they see here.

Love is in the air. And it's causing problems for the Moscow city government. As the wealth and population of the Russian capital have grown, so has the number of weddings: More than 78,000 couples tied the knot in 2006, an increase of 15 percent compared with 2000.

Police have arrested Semyon Mogilevich, a suspected organized crime boss wanted by the FBI, officials and his lawyer said Friday.

Russia is considering an Iranian proposal to set up an OPEC-style cartel that would include the world's largest natural gas producers, Kommersant reported Thursday.

Russia has rejected a bid by China Oilfield Services to buy a unit of TNK-BP, felling what would have been the Chinese company's first acquisition abroad at the final hurdle and sending its shares 12 percent lower.

Prime Minister Viktor Zubkov appointed Dmitry Pankin as deputy finance minister to take over the responsibilities of jailed Deputy Finance Minister Sergei Storchak, the government press service said Thursday.

Geneva prosecutors acted within the law when they froze funds belonging to the Russian Central Bank at the behest of a Swiss firm, the country's Supreme Court said Thursday.