Is the Tide Turning for Russia’s IPO Wave?

A string of recent underwhelming stock market launches and abandoned deals has taken the shine off of Russia’s record-breaking wave of initial public offerings (IPOs).  Two mega deals have been scrapped in the last week — carsharing firm Delimobil and discount alcohol retailer Mercury Retail — with analysts and investors pointing to high asking prices,…

Russia Teases New S-550 Missile System

Russia is developing an advanced, never-before-seen S-550 missile system, the Defense Ministry announced Tuesday. Reports suggested the model is a revival of a late Soviet project shuttered in a deal with the United States. Defense Minister Sergei Shoigu said the orders came from President Vladimir Putin at a recent meeting with military top brass. “The…

A Flurry of Prosecutions for Racy Photos Reflects Russia’s Intensifying Embrace of ‘Traditional Values’

Russians are increasingly facing prosecution for posting provocative photos of themselves in front of religious landmarks in what analysts say reflects the Kremlin’s intensifying focus on defending conservative values. At least four cases have been launched in recent weeks against young people, mostly women, for posting sexually suggestive content on social media near places of…

Russia Considers Banning ‘Perverted’ TV Shows and Movies Online – Vedomosti

Russia’s internet watchdog is considering sweeping bans of “perverted” TV shows and movies on streaming platforms in a proposal criticized by industry players as vague and punitive, the Vedomosti business daily reported Tuesday. Roskomnadzor, the state media and communications regulator, has reportedly proposed simultaneous changes to three Russian laws regulating media, protection of children from harmful content…

Russia Considers Banning ‘Perverted’ TV Shows and Movies – Vedomosti

Russia’s internet watchdog is considering sweeping bans of “perverted” TV shows and movies on streaming platforms in a proposal criticized by industry players as vague and punitive, the Vedomosti business daily reported Tuesday. Roskomnadzor, the state media and communications regulator, has reportedly proposed simultaneous changes to three Russian laws regulating media, protection of children from harmful content…

Poland and Belarus Square Off Over Migrants

Poland and Belarus squared off on Tuesday over thousands of migrants aiming to enter EU member Poland, with Warsaw saying the wave threatened the security of the entire bloc. Minsk warned against “provocations” on the border, where armed troops from both countries are deployed amid escalating tensions. Trapped between the rhetoric are thousands of people, many…

Technical audit confirmed the readiness of SCC JSC to implement long-term contracts for the management of EDF’s reprocessed uranium

The French company Électricité de France (EDF) selected ROSATOM-subsidiary TENEX as one of the winners of an international tender for converting and enriching EDF’s reprocessed uranium (RepU) and the technical maintenance of EDF’s RepU containers in 2018. TENEX’s application met EDF’s technical, environmental, and commercial requirements. The parties signed contracts on the provision of corresponding…

What’s On in Moscow Nov. 5-7

A trio of treats for this lockdown holiday weekend and week. Anna Karenina on Ice Ilya Auerbakh, Olympic-medal-winning figure skater, choreographer and producer has just premiered his new ice ballet, “Anna Karenenia on Ice.” Running at the Luzhniki sport stadium for just 10 days from Nov. 4 to 14, the almost three-hour production has beautiful…

Russian Ambulance Workers Stage Mass Walkout Against Mandatory Vaccination – Reports

Dozens of ambulance workers in Russia’s Far East have staged a mass walkout in opposition to coronavirus vaccine mandates, media reported this week. Residents of the town of Obluchye 6,000 kilometers east of Moscow risk being left without emergency care after all 15 ambulance workers submitted resignations in protest of the vaccine requirements. “They say they…

Dozens Arrested at Banned Moscow Nationalist March

Moscow police arrested dozens of nationalists planning to hold the annual far-right Russian March in the Russian capital, the police-monitoring website OVD-Info reported Thursday. The ultra-nationalist Russian March has been held every Nov. 4, the day of Russia’s National Unity Day state holiday, with and without the authorities’ permission since 2005. That year, President Vladimir…

Putin Vows to Back Lukashenko Against ‘Interference’

Russian President Vladimir Putin on Thursday vowed to back Belarusian strongman Alexander Lukashenko against foreign “interference,”  as the two signed a series of agreements on closer integration. Speaking during a televised video meeting with Lukashenko, Putin hailed the bilateral ties between Russia and Belarus and promised Moscow’s continued backing for the increasingly isolated Lukashenko. “We…

ROSATOM delegation to attend COP26

ROSATOM, a global technological leader, will attend the 26th UN Climate Change Conference (COP26) being held in Glasgow, United Kingdom, between 31 October and 12 November 2021. COP26 will bring together political and business leaders from around the world to discuss how to accelerate progress towards achieving the Paris Agreement goals. Securing global net zero…

Russian Inflation Jumps to 8.1% 

Inflation in Russia climbed to its highest level in almost six years in October as the government and Central Bank struggle to rein in rapid price rises which threaten to undermine economic recovery. Inflation hit 8.1% last month, the Rosstat national statistics service said Wednesday — the fastest rate of price increases since February 2016,…

Russia Expels Second Foreign Reporter in 2 Months

Russia has expelled a second foreign correspondent in two months over past minor infractions, a move that his publication called unusual. The deportation of Tom Vennink, Dutch daily de Volkskrant’s Russia correspondent, follows BBC correspondent Sarah Rainsford’s expulsion in August.  Russian authorities revoked Vennink’s residence permit on Monday and gave him three days to leave the…