The Kremlin said the arrest of Michael Calvey, founder of the private equity firm Baring Vostok Capital Partners, shouldn’t hurt the confidence of foreign investors in Russia and it’s “very closely watching” developments in the case. But investors and analysts said they were disturbed by the arrest of one of the country’s longest-standing American investors…
Russia’s Pobeda budget airline eased up its hand luggage policy on Monday to allow passengers to carry backpacks and other items free of charge, following numerous complaints and lawsuits from passengers. Earlier this month, Russia’s Supreme Court ordered Pobeda to change its hand luggage allowance to reflect the Transport Ministry’s 2017 ruling that gave all…
Around 60 percent of Russian military police officers have received wartime experience in Syria in fewer than three years of deployment, a Russian Defense Ministry official said Monday. Officers began patrolling the Golan Heights frontier between Syria and Israel in 2016 and installed observation posts in the area. “Currently around 60 percent of the military…
The Kremlin is following the situation around the detention of Baring Vostok’s head Michael Calvey very closely and hopes it will not affect the Russian investment climate, Kremlin spokesman Dmitry Peskov told reporters on Monday. He said President Vladimir Putin had met Calvey many times in the past but that his detention was beyond Putin’s…
A group of budding football players from Nigeria has been stranded in Russia since arriving on a visa-waiver system for the 2018 FIFA World Cup, a Russian anti-slavery NGO has said. Russian police have said that an estimated 5,500 foreigners who traveled to Russia visa-free for the football tournament have remained in the country since…
Dutch police briefly detained a Russian journalist and a Russian human rights activist at Amsterdam airport on unknown charges, Novaya Gazeta reported Monday. Yelena Milashina, a journalist with the investigative Novaya Gazeta newspaper, and Milana Bakhayeva, an activist with the Memorial human rights NGO, reportedly arrived in Amsterdam to meet with activists investigating the plight…
Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Sunday. While many foreign firms have been cutting their exposure to PDVSA since the sanctions were imposed,…
A university building partly collapsed on Saturday in the Russian city of St Petersburg, trapping people under debris, but emergency services reported no casualties, Russian news agencies reported. Around two dozen people were trapped in the building of the University of Information Technologies, Mechanics and Optics in the centre of Russia’s second biggest city, the…
A day after British Defense Minister Gavin Williamson accused Moscow of “trying to goad the West” in a bellicose speech, Russian Foreign Minister Sergei Lavrov called him Britain’s minister of war. Williamson, addressing the Munich Security Conference on Friday, accused Russia of “illegal activity” on land and at sea, and called on Moscow to reset…
A Moscow court has ordered Baring Vostok’s founder Michael Calvey to be kept in custody until April 13. The Basmanny court’s judge, Artur Karpov, said on Saturday that Calvey, a U.S. citizen, was accused of a “serious crime” and could try to flee. Baring Vostok is a major equity fund group in Russia. Its website says…
A Moscow court has ordered Baring Vostok’s founder Michael Calvey to be kept in custody until April 13. The Basmanny court’s judge, Artur Karpov, said on Saturday that Calvey, a U.S. citizen, was accused of a “serious crime” and could try to flee. Baring Vostok is a major equity fund group in Russia. Its website says…
Voronezh wasn’t cutting it. Artyom had been out of college for four years, and job openings in the southern Russian city were sparse. Last fall, in search of better employment opportunities, he headed north to St. Petersburg. But the journey wasn’t cheap. “I needed money for the move, an apartment and for daily expenses before…
Turkey will not turn back from its deal to buy S-400 missile systems from Russia, President Tayyip Erdogan was quoted as saying on Saturday, a day after an informal deadline Washington set for Ankara to respond to arival offer passed. NATO member Turkey has repeatedly said it is committed to buying the Russian missile defense…
Belarus is ready to merge with Russia, Belarussian President Alexander Lukashenko said on the third and last day of his bilateral talks with President Vladimir Putin on Friday. Rumors resurfaced this year that Russia could annex Belarus as Putin’s constitutional term limits bar him from running for the presidency in 2024. Read More A Brotherly…
Belarus is ready to merge with Russia, Belarussian President Alexander Lukashenko said on the third and last day of his bilateral talks with President Vladimir Putin on Friday. Rumors resurfaced this year that Russia could annex Belarus as Putin’s constitutional term limits bar him from running for the presidency in 2024. “The two of us…
Feb. 15, 2019 marks the 30th anniversary of the Soviet withdrawal of troops from Afghanistan. The nine-year Afghan War claimed the lives of over 1 million Afghani civilians and over 14,000 Soviet troops. In 1989, Gorbachev’s decision to withdraw the Soviet military from the country was hailed as a long overdue ending to a bloody conflict…
Nuclear-capable Russian bombers carried out a training flight over the Sea of Japan, prompting Tokyo to scramble air force planes to intercept them, the Interfax news agency cited the Russian defense ministry as saying on Friday. Read More 77% of Russians Oppose Ceding Kuril Islands to Japan, Poll Says Japanese fighter jets accompanied the Russian…
Russia has detained the U.S. founder of Baring Vostok, the biggest private independent equity fund in the country, in Moscow on suspicion of embezzling $37.5 million. Michael Calvey, 51, and three other partners in the fund who have also been detained face up to 10 years if convicted. Two more suspects, both bank executives, have also…
Russia has detained the U.S. founder of Baring Vostok, the biggest private independent equity fund in the country, in Moscow on suspicion of embezzling $37.5 million. Michael Calvey, 51, and three other partners in the fund who have also been detained face up to 10 years if convicted. Two more suspects, both bank executives, have also…
An officer in Belgium’s military intelligence service is reportedly under investigation for spying for Russia. The unnamed officer was accused of providing a Serbian national, who is suspected of being a Russian agent, access to classified information, Belgium’s De Morgen newspaper reported. Read More Two Estonians Convicted of Spying for Russia The case reportedly reflects internal…
A Russian Orthodox priest has been defrocked for his adult-themed sermons that shocked congregations, church authorities have said. The news comes a little over two months after another Russian priest was investigated for publicizing his love of luxury brands including Gucci on social media. Read More Russian Priest Investigated After Flaunting ‘Gucci’ Lifestyle on Instagram…
Russia has detained the U.S. founder of the Baring Vostok private equity group in Moscow on suspicion of fraud, a spokeswoman for Moscow’s Basmanny court told Reuters on Friday. Yunona Tsaryova, the spokeswoman, said Michael Calvey was detained on Thursday. Read More U.S. Founder of Major Private Equity Group Detained in Russia on Embezzlement Charges, Explained…
Russia’s position on Venezuela is to prevent American-backed regime change, the country’s Foreign Ministry has announced, amid a jostle for power among rival political factions in the crisis-struck Latin American country. Venezuelan President Nicolas Maduro has accused the United States of backing a coup in his country after Washington recognized opposition leader Juan Guaido as…
Khalil Ashawi President Vladimir Putin said on Thursday that Russia, Turkey and Iran had agreed to take unspecified extra steps to clear Syria’s Idlib region of what he called “a hotbed of terrorists,” but the Kremlin said there would be no military operation there. Putin, one of Syrian President Bashar Assad’s closest allies, was speaking after…
Russia’s Defense Ministry has pledged to address the polar bear invasion that has struck panic in a remote Arctic settlement in recent weeks. Polar bears began to descend on Russia’s Novaya Zemlya archipelago, population 3,000, driven from their habitat by food scarcity fueled by climate change, according to WWF experts. The authorities in the Arkhangelsk…
An Indian national who heads a pharmaceutical company in Russia has been reportedly hospitalized after falling victim to an armed attack in Moscow. Four unknown assailants beat Jyoti Loomba and his driver with bats on the southeastern outskirts of Moscow Thursday evening, a police source told the RBC news website. They then shot Loomba several…
Andrei Lyubimov / Moskva News Agency The threat of new U.S. sanctions rocked Russian markets on Thursday, as investors were left wondering whether they had been getting too complacent about what had been a long-expected move. Russian stocks and government bonds fell and the country’s debt insurance costs rose alongside FX volatility gauges, after U.S.…
A gas explosion in a Russian apartment block has killed two people, authorities said Friday, two months after another blast killed dozens and exposed the dangers of gas-equipped households. More than 20 people were killed in 12 gas explosions throughout Russia in 2018, with another 39 killed in an explosion on Dec. 31, 2018 in…
A gas explosion in a Russian apartment block has killed two people, authorities said Friday, two months after another blast killed dozens and exposed the dangers of gas-equipped households. More than 20 people were killed in 12 gas explosions throughout Russia in 2018, with another 39 killed in an explosion on Dec. 31, 2018 in…
A third man suspected of involvement in the nerve agent poisoning of former Russian spy Sergei Skripal in England last year is a high-ranking Russian military intelligence agent, the investigative website Bellingcat said on Thursday. “Bellingcat can now reveal the true identity and background of this GRU officer, who operated internationally under the cover persona…
This week on From Russia With News, investigative journalist and security services expert Andrei Soldatov tells us why Russia is moving closer to give the authorities the power to unplug the country’s internet network from the outside world. And Greenpeace Energy Head Vladimir Chuprov has the latest on the polar bear invasion in Russia’s Far…
Young Russians are increasingly turning to the American writer in their search for a political alternative. Ayn Rand was born in St. Petersburg on Feb 2, 1905 and received her education in the city. Pixabay / Wikicommons / MT In a glitzy hotel lobby in central St. Petersburg on Saturday, a band of young anarchists…
Communist lawmakers in Russia have submitted a bill that would introduce fines for officials who disrespect their voters, Interfax reported on Thursday. Public officials across Russia have increasingly made national headlines for being caught on record insulting regular citizens. The mayor of a smog-hit mining town landed in hot water on Wednesday for calling his…
Russia told Turkey on Thursday it had no right to create a “safe zone” inside Syria unless it sought and received the consent of President Bashar Assad, signaling tensions as a three-way summit on the Syrian conflict began. President Vladimir Putin, one of Assad’s closest allies, was hosting the summit in the Black Sea resort…
In southern Russia’s resort city of Sochi, President Vladimir Putin shows once again that he’s always ready to demonstrate his physical fitness as he hits the slopes with Belarussian President Alexander Lukashenko. Their ski date comes a day after Lukashenko promised that despite strained ties between the two neighbors Belarus would “never deliver bad vodka or bad…
A majority of Russians have admitted that they are currently in love, according to a state-funded poll released on Valentine’s Day, with many more men saying that they are currently in love than women. In total, 59 percent of Russian respondents told the state-funded VTsIOM pollster that they have been struck by Cupid’s arrow, the…
The Kremlin said on Thursday that Russia’s economy could cope with any new U.S. sanctions, adding that it had demonstrated macroeconomic stability and even achieved growth while facing punitive measures from the West. Read More ‘Insane, Ridiculous’: Russian Lawmakers React to New U.S. Sanctions Bill The Kremlin comments came a day after U.S. senators introduced a…
Russia’s health and consumer rights watchdog is considering drawing on Japan’s experience in tackling obesity, including fining citizens for large waistlines. Japan made it illegal in 2008 for citizens between 40 and 74 years old to exceed the state-prescribed limit of 85 centimeters for male waistlines and 90 centimeters for female waistlines. Russia is on…
Sixty years after a group of hikers mysteriously died in the Ural Mountains, police are breathing new life into the notorious cold case. The group’s tent was found abandoned in the snow; cut open from the inside. Public Domain Britain has Jack the Ripper, the United States has the Zodiac Killer and Russia has the…
A prominent Russian civil rights group has been blacklisted as a “foreign agent” months after its leader spent time behind bars over a protest, the Justice Ministry has said. Russia’s Justice Ministry initiated an inspection of Lev Ponomaryov’s “For Human Rights” group for engaging in suspected political activity while receiving money from abroad in December.…
Russia is moving to ban its soldiers from sharing information on the internet, a step that follows the use of social media posts by investigative journalists to shine a light on Moscow’s clandestine role in foreign conflicts. Draft legislation proposes banning servicemen and reserve troops from posting anything online that would allow outsiders to glean…
Kremlin.ru The planned U.S. withdrawal from Syria is fueling tensions between Russia and Turkey over control of a key region of the Middle Eastern country once American forces have left. Russia is pressuring Turkey to agree to an offensive on Idlib, seized by militants linked to al-Qaeda last month, a senior Turkish official said, speaking…
U.S. senators introduced a bill on Wednesday that would impose stiff new sanctions on Russia over suspected meddling in U.S. elections and aggression against Ukraine. Targets of the sanctions would include: Russian banks that support efforts to interfere in foreign elections; the country’s cyber sector; new sovereign debt; and individuals deemed to “facilitate illicit and…
Belarus will only supply good vodka and snacks to Russia regardless of strains on bilateral ties, the country’s President Alexander Lukashenko promised at a meeting with Russian President Vladimir Putin on Wednesday. Lukashenko arrived in southern Russia’s resort city of Sochi for talks that could last for up to three days, the Kremlin said earlier…
When the Siberian winter bites and the mighty Lena River freezes, workers at the Yakutsk shipyard brace for a backbreaking but vital task — vymorozka. As Siberia’s summer is so short, freighters must be kept moving while the river, whose 4,400 kilometers carry the region’s economic lifeblood, is navigable. Repairs must be done in winter, when…
A volunteer with opposition activist Alexei Navalny’s campaign has become the first person to be prosecuted under a new law that bans encouraging young Russians to attend unsanctioned protests. Adults face 15 days of jail and fines under the new law that President Vladimir Putin signed in late December. The law was introduced after Navalny…
Early risers in the Yamal-Nenets autonomous district were treated to an enchanting illusion of three glowing suns on Wednesday morning. The phenomenon is caused by tiny ice crystals refracting the light into the sky. Local residents captured the optical illusion — also known as sundog and parhelion — and shared it on Instagram. But while social…
Moscow has been named as the world capital of traffic jams in 2018 in an annual report released by the INRIX automotive analytics company. In the rating, Moscow edged out other global cities renowned for traffic congestion including Istanbul, Bogota, Mexico City and Sao Paulo. Other Russian cities in the ranking of 220 included St.…
Russia’s flag carrier Aeroflot has drawn the ire of law enforcement for announcing the cancellation or delay of over 100 flights on Wednesday at Moscow’s Sheremetyevo Airport due to heavy snow. The Moscow Meteorological Office said Tuesday night’s snowfall set a 23-year precipitation record with nearly one-third of the monthly norm, the state-run RIA Novosti…
The regional head of a Russian anti-corruption group was been beaten to death outside Moscow, the man’s colleague told local media. Civil activists, politicians and journalists have been threatened or attacked at an increasing rate in recent years in Russia, a report on political violence said last fall. Read More Attacks on Russian Activists and…
Russia said on Tuesday it was ready to facilitate the start of dialogue between Venezuela’s government and opposition but warned the United States against intervening in Caracas’ internal affairs. Russia has sided with President Nicolas Maduro in his stand-off with opposition leader Juan Guaido. Maduro retains control of state institutions including the military, but most Western countries,…
Russian lawmakers advanced a contentious draft bill on Tuesday that seeks to give the authorities the power to unplug the national internet network from the outside world. Deputies submitted the measures to tighten state control over the internet in December, citing the need to respond to an “aggressive” U.S. national cybersecurity strategy. Although Russia’s state…
Russia’s Economic Development Ministry has projected significantly slower GDP growth over the next year, describing growth at 2018 levels as “unsustainable.” The Rosstat federal statistics agency sparked skepticism last week for releasing figures that suggested that Russia’s economy had grown 2.3 percent in 2018 — its fastest rate since 2012 and up from 1.6 percent…
Russian scientists have again delayed the launch of a research spacecraft to the sun over technical issues, researchers say. Russia had been scheduled to send the spacecraft as part of the “Interheliozond” project sometime after 2015, though this was later postponed to 2022 and then again to a final date of 2026. Read More Russia…
A group of passengers plummeted from a plane ladder when it collapsed as they boarded a flight from Siberia to Moscow, officials said on Tuesday. Black-and-white footage of the incident showed passengers boarding a Ural Airlines flight when the ladder’s platform suddenly buckled, dropping the passengers to the ground. At least five passengers were injured…
A court in Estonia has convicted a former military member and his father of espionage for Russia. Ex-defense force member Deniss Metsavas, 38, and his father Pyotr Volin, 65, were suspected of treason and placed in custody by a court in Tallinn in September. Metsavas was suspected of passing state secrets and classified information to…
A group of Buddhists held a ceremony in honor of the new lunar year at a temple in northeastern Moscow on Sunday, Feb. 10. They celebrated the beginning of the Year of the Earth Pig at the Drepung Gomang Buddhist monastery, lighting fire offerings in a traditional ceremony. Here’s a look at the ritual.
A Federal Security Service (FSB) officer on duty was reportedly assaulted in central Moscow over the weekend after an attack on his service vehicle. FSB lieutenant general Oleg Budagotsky was inside his squad car on Sunday when unknown assailants threw a bottle at the window, the RBC news website reported Monday. Budagotsky was then beaten…
Russia will spend 25.7 trillion rubles ($391 billion) on carrying out President Vladimir Putin’s expansive promises to overhaul Russia’s economy by the end of his last term in office, according to a new government estimate. After his inauguration last May, Putin outlined plans to spend at least 8 trillion rubles on infrastructure and social issues…
Ex-Manchester United coach Jose Mourinho will return to the Kremlin-run RT news network to cover the UEFA Champions League, the network has said. The Portuguese manager was reportedly paid at least 1 million British pounds ($1.3 million) for five days’ work during the 2018 FIFA World Cup that Russia hosted in the summer. RT has…