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 Double Concert Ends in Obscenity Charges

The Red Bull SoundClash Nov. 24 double concert made headlines this week when both bands — Leningrad and Noize MC — were fined for swearing on stage. Red Bull SoundClash capitalizes on the recent trend of rap battles but uses a different format. Rather than two performers battling each other on one stage, SoundClash juxtaposed…

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.…

Russian Cows Fitted With Virtual-Reality Headsets

The grass is greener in a virtual world. That’s what Moscow region farmers were aiming for when they fitted their dairy cows with virtual-reality headsets to test their milk production.  “Experts noted reduced anxiety and improved overall emotional mood in the herd” during the VR experiment, said the regional agriculture administration. The second phase of…