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. Last Updated: 07/27/2016

07/10/2008

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Bank Rossiya Emerges From Shadows

It is an overhang from Vladimir Putin’s Russia, a byword for the cronyism and connections that prevail in government. But Bank Rossiya, otherwise known as the bank of Putin’s friends, looks like it is trying to turn over a new leaf.

Listings Abroad Face New Curbs

New rules will slash the percentage of shares Russian energy and mining companies can sell on stock exchanges abroad and impose less severe restrictions on other companies, the Federal Service for Financial Markets announced Wednesday.

Medvedev Voices Distress Over U.S. Shield

President Dmitry Medvedev said Wednesday that Russia was “distressed” by a U.S. deal to place parts of a missile-defense shield in the Czech Republic and promised to respond with “concrete steps.”

Raid in Ingushetia Kills 3

Reuters
The latest in a series of attacks adds to growing instability in the area.

Sechin Says the State Backs BP in Russia

He also says the company will gradually decrease the number of government officials on its board.

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