Russian Lenders Face Billions in Losses Due to Cypriot Levy
19 March 2013 | Issue 5090
The proposal by the Cypriot authorities to introduce a levy on the country's bank deposits as part of a plan to bail out its economy drew harsh criticism from Moscow on Monday, with the largest Russian lenders facing multibillion-dollar losses as a result of the measure.
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Special forces officers killed two men and detained one more outside Moscow on suspicion that they were plotting a terror attack in the city, the National Anti-Terrorism Committee said.
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Russia is facing a renewed barrage of international criticism, led by the European Union, over its human rights record in connection with an ongoing clampdown on non-governmental organizations and a State Duma proposal to ban so-called "homosexual propaganda."
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Investigators searched for clues Tuesday into why two car bombs were detonated in Makhachkala, killing four and injuring 52 others, as the authorities defused a third car bomb.
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A roundup of today's Russian-language newspapers
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In an attempt to squash media reports and assure investors, Deputy Prime Minister Arkady Dvorkovich said Tuesday that he had no plans to leave government and intended to help guide the country's economic course at least until the next presidential election in 2018.
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Russia, predicting instability once NATO-led troops withdraw from Afghanistan by the end of next year, is considering deploying border guards on the Tajik-Afghan border, Moscow's envoy to Kabul said.
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