Mishustin Gives Gazprom the Go-Ahead

Three days after being announced as Russia’s new prime minister, Mikhail Mishustin has granted Gazprom Oil the development rights to the Khambateyskoye gas and oil field on the Yamal Peninsula.  According to the federal government, the oil company will pay about 2 billion rubles ($32 million) for the production licenses. The field is located both…

Russian, Syrian Troops Hold Joint Drills

Russia and Syria have conducted joint exercises aimed at protecting economic interests in Moscow’s key naval foothold in the Mediterranean, the Defense Ministry’s Zvezda news channel reported. These are at least the second joint Russian-Syrian naval drills to take place in the port of Tartus in a month. Russia seeks to invest $500 million in…

New Russian PM Transferred His Wealth to Wife – Kommersant

Russia’s new Prime Minister Mikhail Mishustin transferred his wealth to his wife before returning to public office from the private sector a decade ago, the Kommersant business daily reported Sunday following questions about the origins of her declared income. Amid President Vladimir Putin’s power shake-up last week that saw Mishustin’s surprise appointment, critics questioned how…

Russian Prosecutor General Chaika to Leave Post

Russia‘s Prosecutor General Yury Chaika is leaving his post, Interfax reported Monday, citing the Kremlin.  President Vladimir Putin proposed that the Federation Council appoint Igor Krasnov, deputy head of the Investigative Committee, as the new prosecutor general, the Vedomosti business daily reported.  According to officials, Chaika, 68, will leave the post he has occupied since 2006…

Russian Oil Deals in Syria Linked to ‘Putin’s Chef’ – Novaya Gazeta

Two little-known Russian companies that signed oil and gas deals with Syria last year have links to a secretive businessman believed to be running a private military contractor, the investigative Novaya Gazeta newspaper reported Sunday. Syria’s parliament in December approved contracts for oil exploration with two Russian companies, Mercury and Velada. Syria’s oil minister had…

Ukrainian PM Offers to Quit After Tape Suggests He Criticized President

Ukrainian Prime Minister Oleksiy Honcharuk submitted his resignation on Friday after an audio recording suggested he had criticized the president, but then appeared to suggest that he might stay in his job. President Volodymyr Zelenskiy would consider the resignation letter later on Friday, the president’s office said. Speculation over Honcharuk’s position has grown this week…

Moscow Sees 8 Hours of Sunlight in December

The Russian capital experienced a total of eight hours of sunlight in December, the head of Russia’s meteorological center said Thursday. While less than 4% of the city’s possible sunlight hours without cloud coverage, the eight hours still surpassed the six minutes of clear skies that Moscow saw in December 2017.  “Muscovites saw only eight…

Russia’s Ruling Party Approves Mishustin as PM

Russia‘s ruling party on Thursday unanimously backed President Vladimir Putin’s surprise choice for prime minister, Mikhail Mishustin, a man with almost no political profile. Mishustin’s elevation is part of a sweeping shake-up of the political system announced by Putin on Wednesday, which led to the resignation of Dmitry Medvedev as prime minister along with his…

Will Putin Stay Or Will He Go? Bombshell Address and Shock Medvedev Resignation Offer Big Hint

For over an hour, President Vladimir Putin’s annual state-of-the-nation speech on Wednesday sounded just like those that had come before it.  As in previous years, Putin proposed measures for encouraging Russians to have more children, tackling poverty levels and stimulating economic growth.  And, not for the first time, Prime Minister Dmitry Medevev had trouble staying…

‘Technocratic Placeholder’? Putin Picks Little-Known Tax Chief as Russian PM

Mikhail Mishustin, President Vladimir Putin’s surprise choice to become Russia‘s prime minister, is a tax chief with almost no political profile who analysts say could be a “technocratic placeholder.” The Kremlin-dominated lower house of parliament, which rarely opposes Putin on important issues, is due to decide whether to approve Mishustin on Thursday. Mishustin, 53, has been…

Putin Puts Forward Little-Known Tax Chief as New Russian PM

Russian President Vladimir Putin on Wednesday formally put forward Mikhail Mishustin, the little-known head of Russia‘s Federal Tax Service, to be Russia‘s new prime minister, the Kremlin said. Putin submitted his candidacy to the Russian parliament for approval after Mishustin agreed to be put forward for the role, the Kremlin said. Russia‘s government resigned unexpectedly earlier on Wednesday…

6 Highlights From Putin’s State of the Nation Address

President Vladimir Putin turned an eye toward Russia’s domestic affairs in his annual state-of-the-nation speech Wednesday, outlining proposals for fixing the country’s political, economic and social problems. Addressing both houses of parliament, the Federal Assembly, at the Manezh Central Exhibition Hall, Putin discussed Russia’s demographic crisis, the poverty level and Russia’s defense. In addition to…

Russian Auto Market Stalls

The Russian car market is braced for a turbulent year ahead, as a leading business association warns sales are likely to drop and more manufacturers could give up on Russia altogether. Sales of new cars dropped by 2.3% in 2019 to around 1.76 million units, and will fall by a further 2.1% in 2020, the…