Day: March 12, 2019

  • Alexey Miller briefs Vladimir Putin on Gazprom’s activities in 2018 and plans for 2019

    Alexey Miller briefs Vladimir Putin on Gazprom’s activities in 2018 and plans for 2019

    Release March 12, 2019, 19:00 A working meeting took place today between Vladimir Putin, President of the Russian Federation, and Alexey Miller, Chairman of the Gazprom Management Committee. Alexey Miller briefed Vladimir Putin on the Company’s main accomplishments in 2018 and its plans for 2019, paying particular attention to the Program for gas infrastructure expansion in Russian regions. Gazprom website Editorial Board Shorthand record…

  • Russian Luxury Car Makes European Debut at Geneva Motor Show

    Russian Luxury Car Makes European Debut at Geneva Motor Show

    Russian luxury car manufacturer Aurus introduced its vehicles to the world at the Geneva International Motor Show in Switzerland last Thursday, March 7. Visitors to the show, which showcases the latest in automobile design and concepts, got a glimpse of a high-end armored Aurus Senat limousine, as used by Russian President Vladimir Putin. Here are…

  • Russian Bank VTB Reaches Deal to Exit Venezuela Bank Stake

    Russian Bank VTB Reaches Deal to Exit Venezuela Bank Stake

    Russian bank VTB has begun a procedure to hand over to the Russian state property agency its stake in Evrofinance Mosnarbank, a bank hit with U.S. sanctions this week over its dealings with Venezuela, two sources familiar with the deal told Reuters. Agreement has been reached for the transfer of VTB’s 25 percent stake in…

  • Russia Claims Europe’s First Exoskeleton-Assisted Surgery

    Russia Claims Europe’s First Exoskeleton-Assisted Surgery

    Doctors at a hospital in southern Russia have conducted what they say is Europe’s first surgery with the help of exoskeletons, the state-run lender Sberbank announced on Monday. ExoChair, developed with help from Sberbank’s robotics division, is designed to support the lower limbs and pelvic region to help reduce fatigue and improve efficiency among workers…

  • Celebrating the Luck of the Irish in Moscow

    Celebrating the Luck of the Irish in Moscow

    Each year, Moscow plays host to numerous film festivals showcasing some of the best cinema from around the world. And with St. Patrick’s Day just around the corner (March 17), there’s no better way to celebrate Irish culture than by checking out Moscow’s own Irish Film Festival. The festival will showcase a selection of the…

  • Kremlin Abandons Plans to Hand Islands to Japan – Reports

    Kremlin Abandons Plans to Hand Islands to Japan – Reports

    The Kremlin has reversed course in its negotiations to cede control of the disputed Kuril Islands to Japan, the RBC news website reported, citing unnamed sources. The row over the islands, which Soviet troops seized at the end of World War II, has prevented Moscow and Tokyo from formally signing a peace treaty to the…

  • Kremlin Shrugs off Possible U.S. Boycott of St. Petersburg Forum Over Investor’s Arrest

    Kremlin Shrugs off Possible U.S. Boycott of St. Petersburg Forum Over Investor’s Arrest

    The Kremlin on Tuesday shrugged off talk of a possible boycott by U.S. companies of Russia‘s showcase International Economic Forum over the arrest of prominent U.S. investor Michael Calvey, saying such boycotts had come to nothing in the past. Calvey’s detention last month on embezzlement charges, which he denies, has rattled some foreign investors in Russia who are…

  • Russia’s Rosneft Says U.S. Statements on Its Venezuela Operations Groundless

    Russia’s Rosneft Says U.S. Statements on Its Venezuela Operations Groundless

    Russia’s top oil producer Rosneft said on Tuesday that U.S. statements that it had violated U.S. sanctions in its Venezuela activities were “groundless accusations.” Pompeo said this week Rosneft was defying U.S. sanctions by buying oil from Venezuelan state oil firm PDVSA. Rosneft said it was not involved in politics and was conducting “purely commercial…

  • A Russian Is Now London’s Richest Man — Forbes

    A Russian Is Now London’s Richest Man — Forbes

    Move over, Leonard Blavatnik: There’s a new leader in town. A Russian oligarch has for the first time topped the list of richest Londoners, according to Forbes Russia. Mikhail Fridman’s net worth of $15 billion knocked billionaire investor Len Blavatnik from the top of the list, Forbes reported Tuesday. Fridman is one of 55 billionaire…

  • U.S. Blames Moscow for Venezuelan Crisis, Sanctions Russian Bank

    U.S. Blames Moscow for Venezuelan Crisis, Sanctions Russian Bank

    U.S. Secretary of State Mike Pompeo on Monday blamed Russia and Cuba for causing Venezuela’s political crisis by supporting President Nicolas Maduro. His comments came after the U.S. Treasury Department imposed sanctions on Russian bank Evrofinance Mosnarbank for helping Venezuelan state oil firm PDVSA evade U.S. financial restrictions. “This story is not complete without acknowledging…

  • Latvia Builds Barbed Wire Fence on Russian Border to Combat Migration

    Latvia Builds Barbed Wire Fence on Russian Border to Combat Migration

    Latvia has completed construction of a 93-kilometer barbed wire fence on the border with Russia to combat illegal migration, media outlets reported, citing the Latvian border service. The 2.7-meter-tall fence, announced in 2015, alternates between sensor-based systems and surveillance camera zones. It is part of a 21 million euro ($23.8 million) project to modernize 283…