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. Last Updated: 09/22/2014
Articles by Howard Amos

Howard Amos joined The Moscow Times' business desk as a reporter in November 2010 and writes on a variety of topics, including macroeconomics, finance and banking, and energy. He lived in Russia for a year before joining the paper. You can contact him at or follow him on Twitter at @howardamos.

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Kremlin Adviser Says Russia Should Return to Capital Controls

An adviser to President Vladimir Putin suggested to lawmakers on Monday that Russia impose a tax on money being moved abroad, as government predictions of capital outflow this year rose to $120 billion amid tensions over Ukraine and a weakening ruble.

Russia's Banks Make 'Colossal' Efforts to Find Funding as Sanctions Bite

The head of Russia's biggest lender, Sberbank, said the bank was doing "colossal" work to re-orient itself toward domestic funding sources, as Western sanctions on Moscow begin to hit Russia's banking sector.

Arrested Russian Billionaire Yevtushenkov 'Freed' Amid Confusion

Russian billionaire Vladimir Yevtushenkov was freed from house arrest Friday, according to a statement from his oil-to-telecoms conglomerate Sistema quoted by Russian news agencies.

Bashneft: Tasty Oil Asset at Heart of Russian Power Struggle

As little as 10 weeks ago, mid-sized producer Bashneft was one of Russia's fastest-growing oil companies, much-loved by investors and with an impressive record of increasing production.

Private Equity Funds Predict Years of Hardship in Russia

Top fund managers at private equity outfits working in Russia said Wednesday that tensions between Moscow and the West have badly hit their ability to raise money abroad and will restrict their operations for years.

Russia's Ruble Battered by Sanctions, Likely to Sink Further

The Russian ruble continued to set records Friday, dropping to another historic low against the dollar, as analysts said there was no immediate end in sight for the currency's downward spiral.

Ruble Plummets to Historic Low as EU Ends Sanctions Uncertainty

The Russian currency plunged to historic lows against the dollar Thursday as the EU appeared to end more than a week of vacillation by opting to impose a new round of sanctions against Moscow.

New EU Sanctions to Inflict Long-Term Pain

The Russian business world is braced for the EU's unfurling of a fresh round of sanctions on Friday, with analysts predicting that Russia's $2 trillion economy will be squeezed even tighter.

Gazprom Sees Production Tumble as Ukraine Crisis Bites

Gazprom's natural gas production fell 19.6 percent last month compared with the same period last year, as the state-owned behemoth struggles in the face of increasing competition at home.

Attacked Lawmaker Releases Purported Dialogues of Russian Soldiers in Ukraine

A lawmaker and activist in the western Russian city of Pskov who was brutally attacked last week following his inquiries into alleged deaths of Russian soldiers in Ukraine has published material suggesting that up to 80 local paratroopers were killed in an engagement with the Ukrainian army on Aug. 20.

Ultranationalist Right Sector Opens Molotov Cocktail Cafe in Lviv

The marginal ultranationalist group so despised in Russia for its dalliance with anti-Semitism and violent role in toppling the legitimate government in Ukraine two months ago has traded in its body armor and ski masks for aprons and paintbrushes in Lviv.

Corruption and Control Define Russia's Border Zones

On the face of it, there are few similarities between the city of Blagoveshchensk, located in the Far East, and the country's natural gas capital of Novy Urengoi, 3,000 kilometers away in the tundra just below the Arctic circle.

Q&A: Maria Yeliseyeva's Children Don't Feel Like Orphans

Maria Yeliseyeva has always been surrounded by children. In addition to the five she gave birth to, she has fostered another five from Russian orphanages.

Moscow Hits the Road to Sell Itself Abroad

It is the first time that Moscow attempts to reach out to investors in such a way and is part of a new public relations drive.

Business Travel in Russia Fraught With Bureaucratic Pitfalls

While most Russians wade through a bureaucratic quagmire to get a visa for the European Union or the United States, once they arrive they enjoy almost complete freedom of movement.

Kremlin Backs Cyprus Bailout Deal

A deal between Cyprus and European lenders was backed by the Kremlin on Monday even as top Russian officials unleashed a storm of angry rhetoric about a compulsory levy on local bank accounts included in the rescue package.

Berezovsky Dies Amid Growing Woes

As speculation swirled after Boris Berezovsky's sudden demise, friends and associates suggested that a series of personal and financial shocks suffered by the former Kremlin kingmaker and billionaire could have contributed to depression and mounting health problems.

Medvedev Calls Cyprus Plan 'Absurd'

Prime Minister Dmitry Medvedev on Thursday intensified his criticism of a plan by European financial authorities to rescue the Cypriot economy, labeling it as "completely absurd," in the most colorful response yet by Russian officials to the controversial measures.

Cyprus Fails to Obtain Kremlin Aid

A desperate effort by Cypriot authorities to win financial aid from the Kremlin failed to yield any results Wednesday, as a deal eluded Cyprus' finance minister, Michalis Sarris, during a visit to Moscow.

Morgan Stanley Reduces Russia's Growth Forecast

Morgan Stanley joined the ranks of those predicting a sluggish period for the Russian economy Monday as it cut its 2013 growth forecast to below 3 percent.

Nabiullina Likely to Pursue Dovish Policy, Yield to Political Pressure

Asked to end speculation about the identity of the next chairman of Russia's Central Bank, President Vladimir Putin promised an "unexpected" candidate who would be well received.

PricewaterhouseCoopers Eyes M&A Boom

Russian companies stand on the brink of a period of significant foreign mergers and acquisitions, PricewaterhouseCoopers said Wednesday.

Russian-Hong Kong Trade Booming

Hong Kong, which recently marked 15 years since its annexation with China, is seeing a boom in its economic relationship with Russia, officials said Tuesday.

Putin Allies Climb Up Forbes List

The personal fortunes of businessmen rumored to enjoy close relationships with President Vladimir Putin jumped sharply in a new Forbes ranking Monday as Facebook investor Alisher Usmanov retained the title of Russia's richest man.


If you bend down and look closely at the paving tiles on Chita's main square, you will notice that they have Mandarin lettering inscribed on them.

Borodin's Extradition Sought Despite Asylum

The Interior Ministry is undaunted by Britain's decision to grant asylum to the former head of Bank of Moscow.

Navalny Fraudulently Obtained Lawyer Credentials, Investigators Say

The Investigative Committee said Wednesday that anti-corruption activist Alexei Navalny fraudulently obtained his credentials as a lawyer.

World Bank Says Economy Losing Momentum

The World Bank cut its 2013 growth forecast for the Russian economy to 3.3 percent Tuesday, citing deteriorating global conditions and stubbornly high inflation that is likely to dampen domestic consumer demand.

Depardieu 'Inspired' by Kadyrov's Leadership (Video)

French actor Gerard Depardieu said he was inspired by the leadership of Chechen leader Ramzan Kadyrov and accepted a five-room apartment from him during a visit to Grozny.

Moscow Exchange IPO Yields $500M

The Moscow Exchange began trading its own shares Friday, successfully concluding the largest initial public offering in Russia since the 2008 financial crisis.
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