Articles by Maria Levitov



Industrial Output Misses Expectations

  • 17 September 08
  • Bloomberg
Industrial production expanded at a slower pace than economists forecast in August as tighter access to credit and a slumping stock market hurt companies’ expansion plans, the State Statistics Service said Tuesday.

Oil Tax Cuts Passed In Key 2nd Reading

  • 03 July 08
  • Bloomberg
The State Duma approved tax cuts for oil producers to encourage exploration and development in a crucial second reading Wednesday.

Raw Timber Duty Increase Planned

  • 13 March 08
  • Bloomberg
The government plans to increase export duties on unprocessed timber and speed up road construction to modernize its forestry industry, Deputy Economic Development and Trade Minister Andrei Belousov said Wednesday.

S&P Upgrades Russia to 'Positive'

  • 12 March 08
  • Bloomberg
The change reflects the country's expected further growth and substantial fiscal reserves.

Rising Inflation a Tough Legacy

  • 29 February 08
  • Bloomberg
The shadow of inflation is threatening President Vladimir Putin's economic legacy and complicating the decisions facing chosen successor Dmitry Medvedev.

State Budget Surplus Is Down 14%

  • 12 December 07
  • Bloomberg
The government's budget surplus probably shrank 14 percent in November as the state transferred money to new funds intended to make the economy less dependent on energy sales.

State Budget Surplus Is Down 14%

  • 12 December 07
  • Bloomberg
The government's budget surplus probably shrank 14 percent in November as the state transferred money to new funds intended to make the economy less dependent on energy sales.

4 Agriculture Officials Face Charges of Accepting Bribes

  • 26 November 07
  • Bloomberg
The Interior Ministry said in a statement Friday that it accused four Agriculture Ministry officials of accepting a bribe worth more than 16 million rubles ($660,000) and said arrest warrants had been issued.

4 Agriculture Officials Face Charges of Accepting Bribes

  • 26 November 07
  • Bloomberg
The Interior Ministry said in a statement Friday that it accused four Agriculture Ministry officials of accepting a bribe worth more than 16 million rubles ($660,000) and said arrest warrants had been issued.

Number of Fake Ruble Notes Soars

  • 04 July 07
  • Bloomberg
The number of counterfeit ruble notes in circulation doubled last year as wages and consumer prices increased, a Central Bank official said Tuesday.

Migrant Law Pushes Up Inflation

  • 22 June 07
  • Bloomberg
The annual inflation rate rose in May to the highest in four months, as a new law on foreign workers boosted prices of fruits and vegetables, the State Statistics Service said in a statement Thursday.

Russia Seeks EU Help on Emissions

  • 18 June 07
  • Bloomberg
Russia sees the European Union as the nation's ""main partner"" for cleaning up industry to decrease greenhouse gas emissions, Deputy Economic Development and Trade Minister Andrei Sharonov said Friday.

Government May Allow Strong Ruble

  • 15 May 07
  • Bloomberg
The government may allow the ruble to strengthen more than forecast this year to help curb inflation, Finance Minister Alexei Kudrin said Monday.

Executives Concerned by Conflicts

  • 26 January 07
  • Bloomberg
Russian executives are overwhelmingly concerned that cultural clashes and political interference from abroad may weaken their ability to do business, according to a PricewaterhouseCoopers survey.

Farmers Plow Ahead With or Without State

A devastating fire, skyrocketing gasoline prices and the daily hardships of rural life would probably persuade any hardy farmer to hang up his sickle. Not Viktor Lomakin.

Putin to Meet Yushchenko in Kiev

President Vladimir Putin is to meet his Ukrainian counterpart, Viktor Yushchenko, in Kiev on Friday to negotiate gas prices and Russia's naval presence in Ukraine as relations between the countries continue to thaw.

Dial-a-Ded, Summon Santa

Whether it's to entertain a group of children or liven up a corporate party, Ded Moroz is at your service.

Moscow Casinos Likely to Close Come 2009

The flashy, neon lights of Moscow's casinos are expected to go out now that the State Duma has tentatively approved the creation of four gambling regions outside the capital.

Other Russia Vows It Will Hold March

Chess champion turned opposition leader Kasparov says the coalition will not be deterred by the city.

Journalists Wonder if Words Count

Only 20 people attend the Andrei Sakharov awards ceremony for independent-minded media.

Sanctions Bill Gains Ground in Duma

The State Duma on Wednesday gave tentative approval to a bill that authorizes the president to impose sanctions on other countries.

Poison Suspects to Stay in Russia

  • 06 December 06
  • Staff Writers
Moscow refuses to extradite anyone tied to the death of former FSB agent Alexander Litvinenko in London even if possible suspects are unearthed by a team of British investigators now in Russia, Prosecutor General Yury Chaika said Tuesday.

Gaidar Ill With Mystery Ailment

  • 30 November 06
  • Staff Writers
Former Prime Minister Yegor Gaidar, the architect of Russia's turbulent transition to a market economy, became violently ill last week while in Ireland, prompting speculation he had been targeted for assassination.

Putin Lifts Wine Ban for Moldova

President Vladimir Putin used a Commonwealth of Independent States summit in Minsk on Tuesday to lift the ban on wine and meat imports from Moldova.

Gas and CIS Future Top Minsk Agenda

President Vladimir Putin and heads of other member nations of the Commonwealth of Independent States will meet in Minsk on Tuesday to discuss energy, trade and ways of reviving what critics say is an increasingly irrelevant organization.

Timing Couldn't Be Worse for Putin

  • 27 November 06
  • Staff Writers
The poisoning death of former FSB officer Alexander Litvinenko threatens to damage further the Kremlin's reputation in the West regardless of who masterminded it and why it was carried out.

City's Markets Losing Foreign Accent

  • 24 November 06
  • Staff Writers
Russian farmers are flocking to Preobrazhensky Market in northeast Moscow, filling stalls where foreign vendors used to hawk their produce.

City Contract Alarms Store Owners

District officials have been approaching the owners of mom and pop grocery stores in Moscow in recent weeks and pressuring them to sign a cryptic contract with the city.

Editor Jailed for His Coverage of Chechnya

A Moscow journalist was sentenced to five years in prison Monday on charges of inciting ethnic hatred in reports about the conflict in Chechnya.

Turnout Bill Passes, Opposition Seethes

The State Duma scrapped minimum voter turnout requirements and adopted other electoral changes in a final third reading Friday.