Day: April 23, 2019
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Kremlin Offers Oil Giants $8Bln Payout as Russians Struggle
Vladimir Putin’s poll ratings are down after a tax hike squeezed cash-strapped consumers. But the Kremlin has opened the coffers to give as much as $8 billion this year to another key constituency: oil companies awash in record profits. The handouts are part of a complex arrangement under which oil companies agree to freeze fuel…
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Putin Unveils World’s Longest Nuclear Submarine at Shipyard Ceremony
President Vladimir Putin has unveiled a submarine capable of carrying six thermonuclear warheads on Tuesday ahead of its deployment in 2020-2021. Russia’s naval submarine called “Belgorod” will be the world’s longest submarine ever built, measuring 184 meters, The Barents Observer has estimated. The Belgorod will be able to carry six underwater “Poseidon” drones, the state-run…
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As Ford Exits the Russian Car Market, Its Sacked Workers Fight for a Fair Pay-Off
VSEVOLOZHSK, Leningrad region — When Ivan first learned he would be losing his job at the Ford factory he was floored. For more than a decade, the 50-year-old welder has been producing the frames of Focus and Mondeo cars at the U.S. automaker’s plant in Vsevolozhsk, an industrial town 30 kilometers east of St. Petersburg.…
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FSB Raids Jehovah’s Witnesses Meeting Spots in Siberia
Russian authorities raided the meeting spaces of Jehovah’s Witnesses in Siberia and the country’s Far East late last week, detaining five worshippers and holding two in pre-trial detention. Russia added the group to its registry of extremist organizations in 2017, exposing Russia’s estimated 175,000 Jehovah’s Witnesses to mass raids and forcing at least 5,000 to…
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Russian Auditor Finds $12Bln in Government Spending Violations
Russia’s public finance watchdog has uncovered 772.7 billion rubles ($12.12 billion) in government spending violations last year. The volume of total violations has decreased substantially from 1.87 trillion rubles in 2017 as detections increased by 43 percent, the RBC news website reported Tuesday. Procurement accounted for the highest share of budget violations at 294.6 billion…
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Belarus Halts Exports Due to Low-Quality Russian Oil
Belarus has suspended exports of light oil products, gasoline and diesel fuel to Ukraine, Poland and the Baltic countries due to the low quality of Russian oil, the country’s exporter announced Tuesday. Russia’s pipeline monopoly Transneft and its Energy Ministry said last week there were problems with the quality of Russian oil going through the…
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First Putin-Kim Summit to Take Place on April 25, Kremlin Confirms
North Korean leader Kim Jong Un will visit Russia’s Far East capital of Vladivostok for his first summit with President Vladimir Putin on April 25, the Kremlin confirmed on Tuesday. The leaders will discuss political and diplomatic efforts to settle the nuclear issue on the Korean peninsula, and Kim’s visit is key in this process, Kremlin…
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Russian Lawmaker Says Bans Are Freeing and Civil Rights Are Restrictive
An outspoken Russian lawmaker has turned heads for arguing that civil rights are restrictive, while bans are a form of freedom. Yelena Mizulina, who successfully lobbied for Russia’s 2012 “gay propaganda” law and spearheaded efforts to decriminalize domestic violence, made the statement in defense of recent internet restriction laws. On Monday, Russian senators backed tighter…
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Lost Polar Bear Airlifted North From Russian Village
A young male polar bear who washed up on an ice floe in Russia’s Far East has been helicoptered closer to its natural habitat, the Kamchatka region administration announced. Residents of Kamchatka region villages spotted the bear — who was nicknamed Umka after a cartoon polar bear character from a popular Soviet-era animation film —…