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. Last Updated: 07/27/2016

11/08/2013

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Russian Airlines Yearn for New Rules on Electronic Devices

Airline passengers who want to use their personal electronic devices should look out the window or check the flight tracker map to be sure of their location, as a recent relaxation of U.S. Federal Aviation Administration rules will not apply in Russian airspace.

Olympic Training Puts Russia 31st in English Language Proficiency

Russia has achieved 31st place out of 60 countries in English proficiency, beating France and Italy, but falling behind Latvia and Ukraine on an index published annually by language school English First.

Polonsky Puts Off Plans to Return to Russia

The Moscow Times
Fugitive tycoon Sergei Polonsky booked a flight to Moscow for Monday, but has had to postpone his travel arrangements while his offer of a plea bargain with the Russian authorities hangs in the balance.

City Hall Accused of Spying on Opposition Deputies

Moscow's City Hall was accused Thursday of collecting compromising material on independent municipal deputies, triggering a scandal that some have called a "municipal Watergate" for supposed similarities to the White House spying on the Democratic Party in 1972.

Economic Development Ministry Says Economy Will Lag for 20 Years

Reuters
Russia acknowledged for the first time Thursday that its economy would lag global growth over the next two decades, setting the stage for an era of stagnation that could threaten President Vladimir Putin's grip on power.

Turkey Accuses Russia of Stalling Syria Talks

Reuters
Turkish Prime Minister Tayyip Erdogan says Turkey supports a planned internationally backed peace conference on Syria but blames Russia, one of Syrian President Bashar Assad's key allies, for the failure this week to agree on a date for the talks.

Gazprom Will Remain Dominant After LNG Liberalization

Reuters
Gazprom will not lose out on business after Moscow passes legislation stripping it of a monopoly on exports of liquefied natural gas, because demand from China will outstrip Russian output of conventional and unconventional fuel for years.

Business Leaders Ask Putin to Review Tax Case Authority

The Moscow Times
Prominent members of the business community have sent an appeal to President Vladimir Putin asking for a re-evaluation of amendments to the Criminal Code, which Putin himself submitted to the State Duma on Oct. 11, Vedomosti reported Thursday.

Index Membership May Spark Capital Influx for Federal Bonds

Reuters
Russian and Turkish local currency bonds may receive billions of dollars in capital inflows after their inclusion in a flagship global index, a vote of confidence for markets that are just recovering from a bruising summer selloff.

Oil Price to Stay Flat in Real Terms Through 2030, Russia Forecasts

Reuters
Russia forecast Thursday that oil prices would remain flat in real terms through to 2030, taking a more bullish view than many independent forecasters who expect an exploration revolution to deliver ample supply and depress prices.

Putin Warns Against Draining All Fiscal Reserves

Reuters
President Vladimir Putin said Russia should not spend all of its fiscal reserves, lending support to fiscal conservatives who favor keeping most rainy-day funds invested in low-risk foreign assets.

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