Russian Banks More Stable and Transparent Than Ever, Central Bank Chief Says

The Russian financial sector is “more stable and more transparent than ever before,” according to the governor of Russia’s Central Bank Elvira Nabiullina. The country’s banks are finally becoming an attractive option for investors, and the sector is now a “partner for real companies and the real economy,” Nabiullina told an Association of European Businesses…

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Russian Nuclear Subs Stage Arctic ‘Duel’

Two Russian nuclear-powered submarines simulated a “duel” during recent tactical drills in the Arctic, the RBC news website reported Thursday. Two Northern Fleet Sierra-class submarines, the titanium-hulled Pskov and Nizhny Novgorod, sailed out from their homeports toward the Norwegian Sea for deep-sea diving and weapon testing two weeks ago.  The Pskov and the Nizhny Novgorod impersonated…

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Why Is Russia’s Most Prominent Libertarian Being Investigated for Sexual Misconduct?

Mikhail Svetov, one of the main figures of Russia’s Libertarian Party and an organizer of this summer’s mass protests in Moscow, was interrogated overnight by the Investigative Committee and his apartment searched over allegations of sexual misconduct against a minor.  Initial reports said that Svetov, 34, had been charged with “indecent assault” against a minor…

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Closing Off Dialogue With Russia a ‘Huge Mistake,’ France’s Macron Says

Europe shouldn’t make the “huge mistake” of avoiding dialogue with Russia, French President Emmanuel Macron told The Economist, continuing his recent overtures to the country that the West has shunned over its annexation of Crimea. Macron previously attempted to bridge the European Union’s differences with Moscow this summer, warning against the “strategic error” of isolating…

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Chechnya’s Kadyrov Advocates Killing People Who ‘Insult Honor’ Online

Chechen leader Ramzan Kadyrov has proposed killing internet users who “insult someone’s honor” online, according to BBC Russia’s translation of the outspoken Russian regional chief’s remarks Wednesday. Kadyrov appeared to be referencing a Russian law enacted this year that punishes those who “disrespect” government institutions online. A majority of those fined or jailed under the…

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Russia Says 2,000 Relatives of Middle East Militants Pose Security Threat

Russia‘s FSB security service has identified 2,000 Russian nationals who are relatives of militants in the Middle East and could try to return to Russia, posing a terrorist threat, the FSB’s head said on Thursday, the state-run RIA news agency reported. FSB director Alexander Bortnikov’s comments come weeks after an estimated 50 Russian women disappeared after fleeing…

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Cyprus Strips Citizenship From 9 Russians Over Passport-for-Investment Scheme

Cyprus said on Wednesday that it had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws. The Mediterranean island has been rattled by disclosures of its investments scheme since Reuters exclusively reported last month a list of Cambodian beneficiaries, including its police chief and…

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Russia Obtains Israel’s New Interceptor Missile in Syria, Reports Say

The Russian military has allegedly obtained Israel’s new interceptor missile that Syria captured on its soil last year, Israeli news outlets reported Wednesday. Israel launched two of its intermediate ballistic missile interceptors called David’s Sling into Syria on July 23, 2018, one of which landed intact, the Middle East intelligence website DEBKAfile wrote at the…

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Russia’s Foreign Ministry Opposes Call to Ban Deutsche Welle

Russian Foreign Minister Sergei Lavrov said on Wednesday he did not support banning foreign media outlets including Germany’s Deutsche Welle from working in Russia, something that had been proposed by parliament, Interfax news agency reported. Russia‘s parliament accused Deutsche Welle in September of breaking election legislation and asked the foreign ministry to consider revoking the German…

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Putin Wants to ‘Replace’ Wikipedia With ‘Reliable’ Russian Version: 4 Takeaways From Speech

President Vladimir Putin convened a meeting of Russia’s language council Tuesday, where he warned that there is a war against the Russian language, recommended replacing Wikipedia and called for the introduction of uniform language norms.  Chaired by presidential adviser Vladimir Tolstoy, the 48-member council is charged with developing state policy on protecting and promoting the…

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RN-Yuganskneftegaz Applies for the First Time Double-Column Drilling Technology in Construction of Fishbone Well

For the first time, the experts of RN-Yuganskneftegaz have built a horizontal multilateral double-column well with many side holes using the Fishbone technology.

U.K. Delays Publishing Report on Russia Poll Meddling, Calls It ‘Standard Procedure’

The British government was accused by opponents of sitting on a parliamentary report examining alleged Russian meddling in British politics because it might contain embarrassing revelations about Prime Minister Boris Johnson and his party. The report by parliament’s Intelligence and Security Committee (ISC) has been cleared by the security services but it has not yet been…

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One in Three Russians Supports Criminal Cases Against Navalny Allies – Poll

Almost one-third of Russians support police raids and criminal cases against prominent Kremlin critic Alexei Navalny’s allies, according to a survey from the independent Levada Center pollster published Tuesday. Police have carried out mass nationwide raids against Navalny’s associates and frozen a number of bank accounts in recent months as part of a criminal investigation…

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Russia Disbands Prominent Activist’s Human Rights NGO

Russia’s Supreme Court has disbanded veteran activist Lev Ponomaryov’s civil rights group months after authorities labeled it a “foreign agent,” Interfax reported Friday. Russia’s Justice Ministry blacklisted For Human Rights as a foreign agent alongside two of Ponomaryov’s other NGOs in February after an inspection into its political activity while receiving funding from abroad. Ponomaryov,…

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‘Putin’s Chef’ Ordered to Pay for Mass Child Poisonings

A Moscow court has ordered catering magnate Yevgeny Prigozhin’s company to compensate the parents of schoolchildren who suffered food poisoning last year, Interfax reported Friday. The parents sued Prigozhin’s business alongside other companies, schools and officials this spring for the December 2018 dysentery outbreak in several state-run daycare centers and kindergartens. Officials confirmed 127 overall…

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Rosneft will report its Q3 2019 consolidated IFRS financial results on Wednesday, November 6, 2019.

Q3 2019 IFRS financial results and corresponding MD&A will be available on our website on November 6, 2019 at 10:00.