Moscow
MIN -2
MAX +6
Partly Cloudy / 06:37 PM / Traffic

Search

Russia Offers $177 Million to Support Sanctions-Hit Rosselkhozbank

  • 26 March 2015
  • Reuters
Russia will give sanctions-hit Rosselkhozbank 10 billion rubles ($177 million) of additional capital as part of the country's anti-crisis plan, Prime Minister Dmitry Medvedev said Thursday. Russia will give sanctions-hit Rosselkhozbank 10 billion rubles ($177 million) of additional capital as part of the country's anti-crisis plan, Prime Minister Dmitry Medvedev said Thursday. "Our banks' access to overseas...

Russia Eyes New Army Engineering Corps to Add Brains to Military Brawn

  • 18 March 2015
  • The Moscow Times
Prime Minister Dmitry Medvedev has ordered ministers to consider the creation of a new military engineering corps, according to a document posted on the government's website Wednesday. Prime Minister Dmitry Medvedev has ordered ministers to consider the creation of a new...

Russia Ponders Discount as Ukraine Winter Gas Deal Set to Expire

  • 18 March 2015
  • Reuters
Russia may consider giving Ukraine a maximum discount on gas supplies of $100 per 1,000 cubic meters (cm), Russian Prime Minister Dmitry Medvedev said Wednesday, staking out Moscow's position before talks in Brussels. Russia may consider giving Ukraine a maximum discount on gas supplies of $100 per 1,000 cubic meters (cm), Russian Prime Minister Dmitry Medvedev said Wednesday, staking...

Putin Mourns Death of Famed Writer Valentin Rasputin

  • 15 March 2015
  • By Ivan Nechepurenko / The Moscow Times
... that after slipping into a coma, he never woke up. Details of his illness remain unclear. "[Russian] literature would have been very different without his striking heroes, who remained human under any circumstances," Prime Minister Dmitry Medvedev wrote on his Facebook page Sunday. "Through his books, many generations learned how to live, how to appreciate the beauty of this world, how to love," Medvedev wrote. Rasputin was among the most prominent figures associated with Village...

F&F Clothing Brand, Ruble, Rosselkhozbank: Business in Brief

  • 26 March 2015
  • The Moscow Times
... close. (Reuters) Russia Offers $177 Million to Support Sanctions-Hit Rosselkhozbank Russia will give sanctions-hit Rosselkhozbank 10 billion rubles ($177 million) of additional capital as part of the country's anti-crisis plan, Prime Minister Dmitry Medvedev said Thursday. "Our banks' access to overseas markets of liquidity is essentially closed and our task is to minimize the influence of these problems on the banking system," Medvedev told a government meeting. Rosselkhozbank (Russian...

Putin Gives Himself, Colleagues a Pay Cut

  • 6 March 2015
  • The Moscow Times
... Kremlin website. Under the decree, the pay cut will be in place from May 1 to Dec. 31, 2015, and will also apply to members of the Audit Chamber. The salary decrease of Putin himself will apply from March 1, along with those of Prime Minister Dmitry Medvedev, Prosecutor General Yury Chaika and Investigative Committee chairman Alexander Bastrykin, as announced in a separate decree published on the Kremlin's website. Putin's press secretary Dmitry Peskov told state-run radio station Govorit Moskva...

How the Kremlin and the Media Ended Up in Bed Together

  • 11 March 2015
  • By Vasily Gatov
... scandalously worded verdict of "systematic disciplinary violations and failure to comply with the rules of civil service and the ethical behavior of civil servants." The industry interpreted his "fall" as a victory for then-President Dmitry Medvedev's inner circle as it sought to establish its own relations with media heads. Alexei Gromov was responsible for Lesin's return to Russia's top echelons of media power in 2013 as the new head of Gazprom-Media. Gromov, who at that time was locked...

Russia Must Invest $2.5 Trillion in Electric Utilities Over Next 20 Years

  • 18 March 2015
  • The Moscow Times
... electricity from coal, he said. U.S. and EU sanctions against Russia over the crisis in Ukraine are factored into both scenarios included in the strategy, Novak added. The draft energy strategy was reviewed at a meeting Wednesday with Prime Minister Dmitry Medvedev. The government plans to review a final version this autumn. 179742

Russia to Restructure Loans to Belarus

  • 26 March 2015
  • Reuters
... Thursday it would restructure some of its loans to Belarus, whose economy has been hurt by a weaker Russian ruble. "We agreed to help them at this difficult time, regarding prolonging existing credit obligations," said Prime Minister Dmitry Medvedev at a televised government meeting. The former Soviet republic has a record $4 billion in debt payments this year, mostly to Russia and the International Monetary Fund. Belarus has also asked the International Monetary Fund for a financial package...

Russia Grants $110 Million Loan to Belarus

  • 27 March 2015
  • The Moscow Times
... day after Moscow allowed Belarus to defer payments due on existing debt this year. The Russian government said Friday it had approved a $110 million ruble-denominated loan to Belarus. The announcement comes just one day after Prime Minister Dmitry Medvedev said Moscow would allow Belarus to defer payments due this year on existing debt. Belarus has debt repayments of $4 billion falling due in 2015, mostly to Russia and the International Monetary Fund, according to the Reuters news agency. The...

Obama Demands Full Investigation of 'Brutal' Nemtsov Murder

  • 28 February 2015
  • Reuters
... and ensure that those responsible for this vicious killing are brought to justice," Obama said in a statement. Obama met Nemtsov during a 2009 trip to Moscow, where he held talks with opposition parties after a meeting with then-President Dmitry Medvedev. Obama said he admired Nemtsov's "courageous dedication to the struggle against corruption in Russia." With Nemtsov's death, Obama said, Russians have lost "one of the most dedicated and eloquent defenders of their rights."...

Theater

  • 26 February 2015
.... listing). Pushkin Theater affiliate. 7 p.m. NEW Roman Comedy (Rimskaya Komediya): Pavel Khomsky stages Leonid Zorin's historical play about an oppressive emperor and his mostly compliant subjects. Mossoviet Theater. 7 p.m. Romeo and Juliet: Vadim Medvedev's updated version of the Shakespeare tragedy. Dzhigarkhanyan Theater. 7 p.m. NEW Romeo and Juliet. A Version: Denis Azarov and Valery Pecheikin's staging of Shakespeare. Yermolova Theater New Stage. 8 p.m. The Biggest Little Drama (Samaya Bolshaya...

Russian Court Throws Out Investigative Journalist Kashin's Lawsuit

  • 12 March 2015
  • The Moscow Times
... Russian investigators. Kashin, a former reporter with prominent business newspaper Kommersant, was nearly beaten to death by two unidentified assailants outside his Moscow apartment in November 2010. At the time of the incident, then-President Dmitry Medvedev pledged that Kashin's attackers would face justice. 179742

Russia's Beloved Comedian Arkanov Dead at 81

  • 22 March 2015
  • By Peter Spinella / The Moscow Times
... officialdom. † "The heroes of his books, plays and monologues taught more than one generation to easily and sincerely laugh at oneself and one's setbacks, and to just as easily, with a smile on one's face, forgive others," Prime Minister Dmitry Medvedev wrote on Facebook. † Arkanov graduated from a Moscow medical college in the mid-1950s and worked as a family doctor before becoming a satirist for the literary journal Yunost ("youth"). He changed his last name from the Jewish-sounding...

Siberian Teachers Strike Over Pay Delays

  • 19 March 2015
  • The Moscow Times
... of the Communist Party plan to appeal to President Vladimir Putin for emergency assistance to the region, whose budget is "in a pre-default state." Regional Governor Konstantin Ilkovsky is reportedly set to meet with Prime Minister Dmitry Medvedev next week to request that the government's anti-crisis commission help resolve the regional economic crisis. This is the first large-scale teachers strike in Russia in more than a decade, Kommersant reported. 179742

Feeding Trough Frenzy to Blame for Russian Governor's Arrest, Analysts Say

  • 4 March 2015
  • By Ivan Nechepurenko / The Moscow Times
... Politika think tank, similar fights are currently ongoing in other Russian resource-rich regions, including the Khanty-Mansiisk, Yamal-Nenets and Nenets autonomous districts. In February 2014 — less than two years after then-President Dmitry Medvedev reintroduced direct gubernatorial elections — Putin signed a law allowing the president to nominate candidates for the post of governor in Russia's four autonomous districts with the subsequent approval of the local legislature. The Chukotka...

Russian Government to Buy 5,000 New Cars to Boost Sinking Auto Market

  • 26 March 2015
  • The Moscow Times
... on the government's website Thursday. † The cash will be used to buy 5,711 new cars — meaning an average outlay of 1.9 million rubles ($33,000) per vehicle — and is effective from March 24, the date it was signed by Prime Minister Dmitry Medvedev. The biggest winners are the Emergency Situations Ministry and the Interior Ministry, both of which will get around 2 billion rubles ($35 million) each. The purchases are aimed at the "stabilization of the situation in the Russian automobile...

Mayor Sobyanin to Fire 30% of Moscow Officials by July

  • 17 March 2015
  • The Moscow Times
... commission, its human rights authority and its consumer rights authority find ways to reduce salaries and staff, the statement said. President Vladimir Putin earlier this month reduced his own salary by 10 percent, as well as those of Prime Minister Dmitry Medvedev, Prosecutor General Yury Chaika and Investigative Committee chairman Alexander Bastrykin, the Interfax news agency reported. More than 30 Russian regions have announced that they are also preparing to downsize their official workforces, some...

Russia Moves to Support Collapsing Mortgage Lending

  • 16 March 2015
  • The Moscow Times
... rubles ($320 million) as part of an anti-crisis plan to subsidize mortgage provision as the ruble devaluation and high interest rates cause problems for banks and other credit organizations. The package of measures signed off on by Prime Minister Dmitry Medvedev includes mortgages that will be capped at 13 percent, according to a decree published on the government's website Friday. "The availability of mortgage credit has diminished because of the worsening macroeconomic situation," the decree...

Russian Parliament to Rule on Opposition Lawmaker Ponomaryov

  • 26 March 2015
  • Combined Reports
... that did not lead to any charges. Ponomaryov, 39, was the target of a civil lawsuit in 2013 for 2.7 million rubles ($47,000) for failing to deliver the agreed number of lectures at Skolkovo, a high-tech foundation promoted by former President Dmitry Medvedev. Following futile attempts to appeal the ruling, Ponomaryov began to pay down the debt. Naryshkin told reporters on Thursday the prosecutors suspect the lawmaker of embezzlement at Skolkovo but did not provide details. Ponomaryov told The Associated...