The expropriation of nearly all of Spanish company Repsol's stake in Argentina's energy producer YPF, announced in a vehement speech by Argentine President Cristina Fernandez de Kirchner, has raised legal alarms worldwide. In fact, the move will not resolve the country's energy problems in the absence of enormous inflows of investment to the sector.
The expropriation of nearly all of Spanish company Repsol's stake in Argentina's energy producer YPF, announced in a vehement speech by Argentine President...
... specify when the accounts were frozen.
Following its takeover, Bank of Moscow received a $14 billion government bailout loan after VTB said it had discovered a huge black hole in the bank's loan book.
"The initiators and organizers of … the seizure of Bank of Moscow are trying to manipulate the judicial systems of states that function on a principle of law for the malicious prosecution of my defamation," Borodin said in a statement Saturday.
Borodin has repeatedly suggested that he...
... who died last October long after charges against him had been dropped, Interfax reported.
Alexanyan's family will now be able to use his car and house in suburban Moscow nearly two years since a criminal case against him was called off.
The property seizure had been lifted by the Simonovsky District Court in December, but the ruling was appealed by the prosecutors and overturned by a higher court in February.
The Harvard-educated Alexanyan died of AIDS-related illnesses in October at the age of 39...
... investors with new tax concessions and rules limiting government interference in foreign-owned companies. Experts have some doubt whether such piecemeal provisions will prove enough.
Numerous foreign investors have reported harassment by state bodies and seizure of assets by business interests close to the ruling elite.
Economic growth driven by high prices for the country's commodity exports has been healthy, reaching more than 8 percent in 2011, but galloping inflation has canceled out the benefits...
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.”
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.
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.
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.
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.
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.
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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