Day: March 14, 2019
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Crimea Five Years Later. And How Russia’s Wealthy Are Taking Advantage of the Country’s Legal System.
This week on From Russia With News, we discuss the five-year anniversary of the hugely controversial referendum in Crimea with the deputy foreign editor at the Kommersant newspaper Elena Chernenko. We’ll also talk to Moscow Times correspondent Evan Gershkovich about his investigation that revealed how rich Russians dodge taxes and move court cases to a…
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Crimea 5 Years Later. And How Russia’s Wealthy Are Taking Advantage of the Country’s Legal System.
This week on From Russia With News, we discuss the five-year anniversary of the hugely controversial referendum in Crimea with the deputy foreign editor at the Kommersant newspaper Elena Chernenko. We’ll also talk to Moscow Times correspondent Evan Gershkovich about his investigation that revealed how rich Russians dodge taxes and move court cases to a…
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“Treasures from the Palace Museum” exhibition opens in Moscow with support of Gazprom
Release March 14, 2019, 19:15 Photos An exhibition entitled “Treasures from the Palace Museum: The Flourishing of China in the 18th Century” opened today at the Moscow Kremlin Museums. The exhibition was organized with the support of Gazprom. The opening ceremony was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Olga Golodets, Deputy Prime Minister of the Russian Federation, Mikhail Shvydkoy,…
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PhosAgro FY2018 IFRS Results Announcement Date
On 20 March 2019, PhosAgro will publish its audited consolidated IFRS financial statements for twelve months ended 31 December 2018. The Company will hold a conference call and webcast the same day at 13:30 London time (16:30 Moscow; 09:30 New York). The call will be held in English, with simultaneous translation into Russian on a…
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How Russia Sank Billions of Dollars Into Venezuela Quicksand
At the end of 2015, managers at Rosneft, the Russian state-controlled oil firm, sounded the alarm to their bosses about the company’s investments in Venezuela. Rosneft’s local partner, Venezuelan state oil company PDVSA, owed it hundreds of millions of dollars, according to internal documents, and there seemed no prospect things would get better. “It will be…
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Russia’s Top Banks Plot Temporary Sanctions Workaround
Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters. Sberbank, VTB, Gazprombank and others are examining how they can provide each other with access to U.S.…
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Kremlin Seeks Russian-Speaking Migrants to Offset Population Decline
The Kremlin plans to attract up to 10 million Russian-speaking migrants in the next six years to reverse the country’s population decline, the business daily Kommersant reported on Thursday. Russia’s population declined to 146.8 million in 2018, official data released on Thursday estimates, its first decrease in 10 years. Migration has been unable to offset…
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Calvey Ends First Month in Detention, Business Leaders Express Concern
As U.S. investor Michael Calvey ended his first month in detention on Thursday prominent Russian businessmen told President Vladimir Putin they are concerned the case will put pressure on business. Russian state prosecutors have charged Calvey, the founder of the Baring Vostok private equity group, with fraud along with three other executives from his fund.…
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Russian Authorities Seal Stalin-Era NKVD Archives
Russia’s intelligence service has refused to declassify the names of members of Stalin’s notorious three-judge panels that issued death sentences without trials, Russian media reported this week. As many as 700,000 people were executed in Stalin’s “Great Terror” of 1937-38, according to conservative estimates. The Memorial human rights NGO keeps a database of some 3…
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Russia’s Lavrov Meets Venezuela’s Foreign Minister in Vienna
Russian Foreign Minister Sergei Lavrov is holding talks with Venezuela’s foreign minister in Vienna, the state-run RIA Novosti news agency reported on Thursday. Venezuela, a close ally of Moscow, is in political turmoil, with the United States and many other Western countries backing opponents of President Nicolas Maduro.
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Taas-Yuryakh Neftegazodobycha doubles 2018 Oil Output
In 2018, Taas-Yuryakh Neftegazodobycha increased its oil production to 2.9 million tonnes, which is more than two times higher than in the previous year. The significant increase in oil production was achieved due to the completion of construction and commissioning of the main oil production, preparation and transportation facilities as part of the second stage…
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Russia Suspends Boeing 737 MAX Flights — Reports
Russia‘s aviation authority on Thursday suspended flights by Boeing 737 MAX planes in the country’s airspace following Sunday’s deadly plane crash in Ethiopia, the Interfax news agency cited the authority’s head as saying. Russia‘s S7 Airlines said earlier this week it would ground its Boeing 737 MAX 8 planes starting from Wednesday. It said its…
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Russia’s Natural Resources Make Up 60% of GDP – Reports
Russia’s Natural Resources and Environment Ministry estimates that the combined cost of the country’s oil, gas and other resources amounts to 60 percent of its gross domestic product, the RBC news website reported on Thursday. As one of the world’s top producers of natural gas and oil, Russia’s economy is heavily reliant on exports of…
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Concrete pouring of the foundation slab of Unit 1 has completed at the site of Akkuyu NPP (Turkey)
he concrete pouring of the foundation slab of Unit 1 of Akkuyu NPP, first Turkish nuclear power plant completed on March 08, 2019. More than 17,000 cubic meters of the self-compacting concrete have been casted for the foundation slab. Self-compacting concrete is a non-segregating concrete that is placed by means of its own weight while…
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Moscow, St. Petersburg Named Europe’s Most Dangerous Cities
Moscow and St. Petersburg have ranked in the bottom 50 of the world’s most livable cities and have been named the two most dangerous cities in Europe, according to rankings from a global consulting firm. Moscow placed 167th and St. Petersburg 174th out of 231 cities worldwide in Mercer’s 2019 Quality of Living Ranking published…
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Space Station Crew Confident on Eve of First Launch Since Rocket Failure
Two astronauts who survived a dramatic launch mishap in October said on Wednesday they were confident this time about reaching the International Space Station, though they said a small fault had been discovered on their rocket during final checks. Russian cosmonaut Alexei Ovchinin and U.S. astronauts Nick Hague and Christina Koch are due to blast…