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. Last Updated: 07/27/2016

05/14/2008

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Economic Team Has Hard Job Abroad

Prime Minister Vladimir Putin may have unveiled an overwhelmingly liberal-leaning economic team in his Cabinet on Monday, yet the government faces an uphill battle as it seeks to promote Russian business abroad in the face of widespread fear of overdependence on the country's politicized economy.

Without Lights, Stockmann Closes Its Doors

Staff Writers
International department store chain Stockmann closed its flagship Moscow location until further notice Tuesday, after the property's landlord unexpectedly cut electricity as part of a worsening rental dispute, a Stockmann official said.

Kadyrov's Power Grows As Commander Leaves

Chechen President Ramzan Kadyrov has sidelined the last federal security agency in the republic, suspending the commander of a battalion that hunts rebels, a Chechen official said Tuesday.

Shipyards to Focus on Energy Vessels

Reuters
Prime Minister Vladimir Putin urged his government on Tuesday to give Russia a modern fleet of ships for its flourishing energy sector and named his close ally, Deputy Prime Minister Igor Sechin, to manage the multibillion-dollar project.

Judge in BoNY Case Urges Haste

Reuters
The judge presiding over Russia’s $22.5 billion lawsuit against the Bank of New York Mellon insisted on Tuesday that the case move toward a quick conclusion after more than a year of procedural delays.

Rescuing a Revolution

There is no more depressing sight in politics than a leader who, desperate to cling to power, ruins his country in the process.

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