Central Bank Warns Russians Not to Save in Euros

Russia’s Central Bank is warning Russian lenders against conducting operations in euros, governor Elvira Nabiullina has said. Nabiullina said doing business in euros brings no profits to Russian banks because of the negative interest rate environment in the eurozone, and the Central Bank is pushing Russian financial institutions not to have “excessive” foreign currencies on…

Moscow Feminists Protest for Domestic Violence Re-Criminalization

Hundreds of feminist activists rallied in central Moscow on Monday night to call for Russia’s government to re-criminalize domestic violence amid intensifying calls for the legislation to be passed. President Vladimir Putin in 2017 passed a law easing punishments for most first-time offenders, which critics say has strengthened Russia’s culture of impunity toward domestic violence.…