Today capitalism is under attack for the first time since the fall of communism.
Let's see how the privatization of Slavneft, Magnitogorsk Metallurgical Plant and Svyazinvest pans out.
Two high-level U.S. officials are in Moscow days after President Vladimir Putin's government announced plans to step up cooperation with Iran.
The government started sending funds to reconstruct Chechnya five months late, according to a report by the State Construction Committee.
Georgia on Tuesday angrily accused Russia of sending combat aircraft to raid its territory for the second day in a row.
A recording of the last moments on board the Pulkovo Airlines Il-86 confirmed an ill-positioned tail stabilizer caused the jet to crash.
Family members and relatives in Lviv have combed hospitals and pleaded with emergency officials for confirmation that their loved ones survived Saturday's airshow tragedy.
Sixteen Western law firms have offered their services to the families of Russian schoolchildren killed in this month's collision of a DHL cargo plane and a Bashkirian Airlines passenger jet.
Vladimir Putin has asked Dmitry Rogozin to protect Russia's rights in the dispute over Kaliningrad.
Railways Minister Gennady Fadeyev on Tuesday ordered the overhaul of Sakhalin's 957-kilometer network of railroad tracks.
A top Interior Ministry investigator has accused the Prosecutor General's Office of accepting a $2 million bribe to close a probe into importers of furniture for the Grand and Tri Kita stores.
The Wild East is becoming increasingly tame, and businessmen are beginning to turn from thuggery to more lawful businesses.
Severstal blasted the government Tuesday, saying a lack of coordination between ministries is blocking steel exports to the European Union.
When Andrei Zakrasin found his hoard of rubles missing from its hiding place in a low, brick garage not far from his apartment, he took drastic steps to solve the crime.
A nationwide search for vodka magnate Yury Shefler has been declared by the Prosecutor General's Office.
Despite public outcry over corruption and inefficiency in Russia's police force, there is one sure-fire way to get decent service from the cops: Just hire them directly.
Hoping to restore investor confidence, U.S. President George W. Bush signed into law the most far-reaching government crackdown on business fraud since the post-Depression era.
RTS Closes Up 1% MOSCOW (Reuters) -- Shares closed narrowly lower in thin trading Tuesday, dragged down by power grid UES and heavyweight oil shares. The benchmark RTS index closed down 0.95 percent at 332.48 points on low turnover of $12.4 million. The Reuters index of the ruble-denominated MICEX was down 3.71 percent at 1,295.22 points on turnover of 3 billion rubles ($95 million). ""We came in this morning to a big U.S. rally and a strong oil price expecting follow-through, but we never got it,"" said Martin Diggle, a director at Brunswick UBS Warburg. ""The extreme volatility in world markets and the fact that it is holiday time mean people are waiting,"" he added. Russia's market has slavishly tracked U.S. and European bourses for the past two weeks. RTS benchmark UES ended 3.26 percent lower at $0.0919. The other blue-chips, the country's oil stocks, were also lower across the board. Top producer LUKoil finished down 1.48 percent at $14.6 while No. 2 Yukos ended down 0.98 percent at $9.11. No.
City Haze Thickens MOSCOW (AP) -- Smoke from dozens of forest and grass fires blew into Moscow on Tuesday, reducing already poor air quality in the city. At least 40 forest fires are burning across 292 hectares in the Moscow region, creating the haze of smoke over the city, said Tatyana Poznyakova, an expert at Moscow's meteorological committee. She said an unspecified number of grass fires are also burning. Visibility is down to 25 meters in parts of northwest Moscow and less than 50 meters in the city's southeast, Poznyakova said. She said hot temperatures and practically windless weather are keeping the smoke from drifting away. Weather forecasters expect cooler weather and stronger winds Sunday, she said. Ivanov in Hong Kong HONG KONG (AP) -- Foreign Minister Igor Ivanov and Hong Kong's leader said Tuesday they would like to cooperate better on trade and economic development.
A brief look at the stories making headlines in the Russian-language press