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. Last Updated: 07/27/2016

07/12/2013

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Court Finds Magnitsky and Browder Guilty

Moscow's Tverskoi District Court on Thursday found late Hermitage Fund lawyer Sergei Magnitsky and the fund's head, William Browder, guilty of tax evasion charges, saying they fraudulently stole more than $15 million in budget funds.

Corruption in Armed Forces Climbs Fivefold

Corruption in the armed forces cost the state budget more than 4.4 billion rubles ($135 million) in the first six months of the year, showing a 450 percent increase, Chief Military Prosecutor Sergei Fridinsky told a meeting of law enforcement officials Thursday.

SuperJet's Future Hanging by a Thread

The maker of the SuperJet regional aircraft, which has few orders but soaring debts, may face default by the end of the year if help does not come from state-owned banks, a news report said Thursday.

Marathon Suspect's Hearing Frustrates Some

The Associated Press
Survivors of the Boston Marathon bombings got little satisfaction from suspect Dzhokhar Tsarnaev's first public appearance since the deadly attacks. "Not guilty" was all he said, over and over.

Georgian Wine Comes Back to Russia

It was meant to be a triumphant comeback that would patch up sour diplomatic relations between former Soviet republics and satisfy Russia's thirst for quality wine. But following a six-year ban from the country, Georgian wines are facing an uphill battle in the market and experts say they are unlikely to regain their former glory.

Russia Sends 70 Tons of Aid to Palestinian Refugees in Syria

RIA Novosti
Two Russian heavy-lift transport planes Thursday delivered a total of 70 metric tons of humanitarian aid to Palestinian refugees in Syria, Russia's Emergency Situations Ministry said

Retailers X5 Boosts Sales

Reuters
Food retailer X5 Retail Group said Thursday that its second quarter net retail sales rose 7.8 percent, driven by an increase in selling space in its stores, higher prices and better performance of shops added over the past two years.

Lavrov Attempts to Boost Chances in Malaysian Arms Tender

RIA Novosti
Russia is interested in adding post-sales maintenance and training to future arms contracts with Malaysia, Foreign Minister Sergei Lavrov said Thursday in an apparent attempt to gain a competitive edge in an upcoming combat jet tender.

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