The ice cover in the Bering Sea is at its lowest on record for this time of year after losing an area about the size of Montana at the height of winter. It’s the second consecutive year that the ice extent in the area has retreated at record pace. It shrank from 566,000 square kilometers (219,000…
An outspoken communist lawmaker in Russia has said in an interview on state television that gay people are “sick” and need to be “cured” of their homosexuality. Russia banned displays of “homosexual propaganda” to minors in 2013, while courts regularly ban gay pride events and public polls show surging anti-LGBT sentiment. In a late Tuesday…
Blessing Obuson thought Russia’s football World Cup would be an opportunity to find a job and flew into Moscow from Nigeria last June on a fan ID. Instead, she found herself forced to work as a prostitute. Fan IDs allowed visa-free entry to World Cup supporters with match tickets, but did not confer the right…
Fewer than 100 Russian billionaires now have a combined wealth that is greater than the entire population’s savings, according to figures published by Forbes. Russia is regularly named in international ratings as one of the most unequal of the world’s major economies, with an estimated 89 percent of the country’s wealth owned by its richest 10…
Russia’s central bank will not need to raise interest rates further if it considers the impact of its two rate increases last year to be enough, its monetary policy chief said. The central bank raised rates twice in the second half of 2018 to limit inflation, which was being fed by a weaker rouble, rising…
A British destroyer is shadowing a Russian naval task group as it passes the English coast, the Ministry of Defense said on Wednesday. HMS Defender was called upon to sail over the weekend and keep watch on the frigate Admiral Gorshkov and three auxiliary ships as they neared U.K. territorial waters off Scotland. It will…
Background OMV AG is Gazprom’s main partner in Austria. The companies cooperate, among other things, on gas production, transportation and supplies. Since 2017, OMV has been partnering with Gazprom in the development of the Yuzhno-Russkoye oil, gas and condensate field. In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria.…
On a brisk, sunny Saturday in early March, a group of women dressed in full hockey gear and carrying industrial size brooms descend upon the frozen tennis courts of the German embassy. The tennis courts—which have been flooded to make a thick layer of ice—have become dusted overnight with a light layer of snow, which…
Russia is ready to take part in Bulgaria’s Belene nuclear power plant project if such a possibility arises, Russian Prime Minister Dmitry Medvedev said on Wednesday. “We have the opportunity to implement this project, no less than other countries,” Medvedev says.
Russian lawmakers have passed a bill banning hostels in residential buildings, a measure that risks severely limiting affordable accommodation options for travelers. Hoteliers warn that the ban could shutter up to 40 percent of hostels in Moscow and 80 percent in St. Petersburg and result in 16 billion rubles ($243 million) of losses in yearly…
An investigation into a Russian money laundering network that funneled billions of dollars abroad sent shockwaves through Europe this week but was largely ignored by Russian officials and state media. The report released by the Organized Crime and Corruption Project (OCCRP) Monday said that a network of over 70 offshore companies had funnelled $4.6 billion…
The Russian accounts of Venezuelan companies, including state oil firm PDVSA, will move to the Russian Financial Corporation Bank (Rusfincorp), which is sanctioned by the United States, the RIA news agency reported on Wednesday. Reuters reported last month that Russian lender Gazprombank had decided to freeze the accounts of PDVSA and halted transactions with the…
The parents of kindergarteners in Moscow have sued the firm of a catering magnate with ties to the Russian president and military over a dysentery outbreak among dozens of children. Officials confirmed some 130 cases of food poisoning among kindergarteners in southeastern Moscow in December, leading parents to file a class-action lawsuit against a catering…