... Russian businesses use Cypriot holding companies.
First, Klein's statement that the protocol "was finally ratified in February this year" is incorrect. The protocol was approved by Russia's parliament, but that is not the end of the story. The ratification process will be complete only when the Russian and Cypriot governments have exchanged official notices of ratification. While this may sound like a mere formality, it is an essential step and there is no guarantee as to when it will happen...
By Imants Liegis and Linas Linkevicius and Janusz Onyszkiewicz
..., it seems unlikely that there will be much progress in talks with Russia on reducing tactical nuclear weapons in the near future — and certainly not until after November's U.S. presidential election. We regret this. Our countries welcomed the ratification in 2011 of the New START agreement between Moscow and Washington, a positive outcome of U.S. President Barack Obama's policy toward Russia of reducing strategic nuclear weapons, and we hope that there will be no backtracking on this treaty...
... Russia-Cyprus protocol to the double taxation treaty, not presented here, for which accounting firms specializing on tax related matters between Russia and Cyprus may be contacted for professional advice and consultation. However, it is crystal clear that the ratification by the State Duma of the protocol to the double taxation treaty between Cyprus and Russia and the imminent removal of Cyprus from the country's blacklist do not only make, under certain conditions, the repatriation of dividends by Russian...
The founder of the social networking site Vkontakte celebrated St. Petersburg’s 309th anniversary over the weekend by tossing paper airplanes carrying 5,000-ruble notes out a building window.
Billionaire Mikhail Fridman resigned Monday as chief executive of TNK-BP, plunging the country's No. 3 oil firm deeper into crisis and challenging co-owner BP's grip on the business.
International sanctions have failed to halt trade in Russian coal at Syrian ports, with buyers switching to the euro from the dollar in deals facilitated by the Syrian state bank and black-market players.
Four Russian bikers jailed for five days after entering Iraq with fake visas were to arrive in Moscow late Monday — without their motorcycles but grateful for freedom despite, as one of them said, their “stupidity.”
Businessman Vasily Anisimov has proposed that the government move federal agencies to land belonging to him in Domodedovo, Vedomosti learned from acquaintances of his and advisers to the city of Moscow on the development of new territories, one of whom said it is likely that Prime Minister Dmitry Medvedev is considering the offer.
Analysts warned Monday that privately owned investment bank Renaissance Capital would be forced into more redundancies, after it fired a second tranche of employees last week in the same month that it announced its biggest loss for 10 years.
Deputy Prime Minister Dmitry Rogozin has ordered prosecutors to investigate the "illegal" privatization of property assets belonging to the Yakovlev and Tupolev aviation firms.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
Russia's group Buranovskiye Babushki has made it into the finals of the Eurovision Song Contest in Baku, Azerbaijan, bringing the elderly folk singers from a far-off Russian village to the attention of more than 100 million viewers around the world.
Sweden’s Loreen won the Eurovision Song Contest in Azerbaijan on Sunday before an international TV audience of 100 million, days after angering Azeri authorities by meeting rights activists critical of the host country’s human rights record.
Sergei Udaltsov and Alexei Navalny emerged from prison Thursday, while a dramatic standoff erupted at a State Duma hearing over a bill that would hike fines for illegal demonstrations.
Following the president's order to cut the number of officials entitled to use flashing lights to skirt through traffic, several incidents of alleged abuse involving high-profile figures have come to light.
A day after the formation of Prime Minister Dmitry Medvedev’s government, seven ministers who did not make the cut have resurfaced as senior staff in President Vladimir Putin’s administration.
Ukraine's ruling party has triggered violent protests with a move to upgrade the official role of Russian, a sensitive issue opponents say will split the country.
As Moscow gears up to celebrate its victory in World War II, 67 years ago Wednesday, the shadow of political conflict shrouds the capital as hundreds of arrests cloud Victory Day festivities.
A stunning 121-megapixel snapshot of the Earth was taken by a Russian weather satellite in what is thought to be the highest resolution picture of the planet ever taken from space.
Search and rescue helicopters and volunteers struggling through thick forest and mountainous terrain spotted bodies but no survivors on the Indonesian mountainside where a Sukhoi Superjet 100 crashed by the time darkness forced an end to the search Thursday night.
A tabloid claims that Russian intelligence agencies are investigating the possibility that the U.S. military may have brought down the Sukhoi Superjet that crashed in Indonesia.
A 46-year-old furniture magnate was killed with six gunshot wounds to the head and chest early Sunday as he arrived in his Mercedes at his home in the Moscow region.
Three thrill-seekers who climbed two Vladivostok bridges earlier this week and took photos from the top were fined 300 rubles ($10) each for trespassing.
President Vladimir Putin on Monday announced the makeup of the new Cabinet answering to Putin and Prime Minister Dmitry Medvedev, with three-fourths of the members having been replaced.
A dark cloud was cast Wednesday on the revival of Russia’s aviation industry when a Sukhoi-built Superjet 100 with 50 people on board disappeared from the radar screens of Indonesian flight controllers.
On Monday, Vladimir Putin will take the presidential oath of office for the third time. After 12 years in power, Putin has increased his control over the country's major institutions, the siloviki and state bureaucracy.
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