Russian Airlines ‘Desperate’ After $50M Losses in Georgia Flight Ban

Russian airlines are ‘desperate’ for compensation from the government after its ban on direct flights to Georgia cost them a combined 3.2 billion rubles ($50 million), the Vedomosti business daily reported Wednesday.  President Vladimir Putin ordered the temporary ban of passenger flights from Russia to Georgia this summer following an outbreak of unrest in Tbilisi…

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Video of Russian Spy Allegedly Bribing Serbian Agent Sparks Probe

Serbian President Aleksandar Vucic ordered an investigation on Wednesday into a video clip that purportedly shows a Russian intelligence officer handing over money to a Serbian man, in an incident that could strain normally warm bilateral relations. A Bulgaria-based investigative reporter, Christo Grozev, said on his Twitter account at the weekend that the clip, posted on…

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FSB Detains Russian Solider Suspected of Spying for Ukraine

Russia‘s FSB security service has detained a Russian serviceman suspected of spying for Ukraine, the RIA news agency reported on Wednesday. The serviceman was allegedly gathering secret information for Ukraine’s intelligence service and is being investigated for treason, RIA reported, citing the FSB.  The independent CIT outlet identified the suspect as Ruslan Artykov, born in 1991.…

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Alexey Miller and Moldova’s Prime Minister Ion Chicu review cooperation-related issues

Background In 2018, Gazprom’s gas deliveries to the Republic of Moldova totaled 2.9 billion cubic meters of gas, an increase of 8.4 per cent against 2017 (2.7 billion cubic meters). The contracts between Gazprom and Moldovagaz for gas supplies to and gas transit across Moldova are valid until the end of 2019. Moldovagaz is a joint Russian-Moldovan company set up by Gazprom, the Moldovan Government, and the Ministry of Industry…

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State-Run Bank Says Russia Unlikely to Meet Economic Targets ‘Without More Active Policies’

President Vladimir Putin is unlikely to meet most of his flagship economic and development goals during his final term without a significant increase in spending and better performance on a host of key indicators, a new report from a government-owned bank said Wednesday. The National Projects program — a $400 billion package of investments covering…

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State-Run Bank Says Putin Unlikely to Meet Economic Targets ‘Without More Active Policies’

President Vladimir Putin is unlikely to meet most of his flagship economic and development goals during his final term without a significant increase in spending and better performance on a host of key indicators, a new report from a government-owned bank said Wednesday. The National Projects program — a $400 billion package of investments covering…

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Widow of Ex-KGB Agent Backs Legal Action for Release of UK’s Russia Report

The widow of a Russian dissident murdered in London has backed a legal challenge to force Prime Minister Boris Johnson’s government to publish a report on alleged Russian meddling in British politics. The report by parliament’s Intelligence and Security Committee (ISC) was cleared by Britain’s security services but Johnson’s office has not yet released it, meaning it…

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PhosAgro Awarded Gold Medal for Responsible Approach to Production from International Fertilizer Association

Paris – PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that it has been awarded the Gold Medal from the International Fertilizer Association (IFA) for its responsible approach to production. The IFA’s first ever gold medal awards ceremony took place at the IFA Annual…

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Meet Ivan Savkin, Russia’s Human Mountain

Bogatyrs play an important role in the Russian literary and artistic imagination. Epic poems of the exploits of these fierce and powerful warriors are part of Russia’s rich oral tradition, first written down in the early 19th century. At first, warriors were basically gods or shape-shifters with superhuman strength. Then they became very strong human beings. Ivan Savkin…

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Swedbank’s High-Risk Russian Secrets

Russian oligarch Mikhail Abyzov built a complex network of offshore companies that were used to move a fortune out of Russia, according to a Swedbank internal draft report obtained by OCCRP and its Swedish partner, national public TV channel Sveriges Television (SVT).  Today he’s charged with defrauding the Russian government and investors of US$60 million,…

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Board of Directors reviews prospects of shale gas and LNG industry

Release November 19, 2019, 19:00 Shale gas production is expected to continue in just a few countries around the world besides the United States. In 2019, Europe’s last remaining project for shale gas development was abandoned. Most of growth in LNG imports up to 2030 will come from Asia-Pacific. The Gazprom Board of Directors took note of the information about the growth prospects of the shale gas and liquefied natural…

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Both strings of TurkStream filled up with gas

Release November 19, 2019, 18:50 Gazprom is successfully implementing major investment projects. Preparations are being made for first pipeline supplies of Russian gas to China via Power of Siberia gas pipeline. Welding is finished at linear part of gas pipeline extending to Slavyanskaya compressor station, starting point of Nord Stream 2. The Gazprom Board of Directors expressed its approval of the Company’s ongoing work on its major investment projects. The…

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Russian Lawmakers Discouraged From Foreign Contacts at Victory Day Events – Reports

The Kremlin wants Russian lawmakers to refrain from inviting high-level foreign guests to Victory Day commemorations next spring, the Open Media news website reported Monday. President Vladimir Putin has invited several foreign leaders, including U.S. President Donald Trump and French President Emmanuel Macron, to attend Russia’s parade marking the end of World War II on…

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Russia’s Domestic Violence Problem Is ‘Exaggerated,’ Justice Ministry Says

The Russian government doesn’t see domestic violence as a “serious problem” and believes that its scale is exaggerated, the country’s Justice Ministry said in an official response to Europe’s human rights court obtained by the Kommersant business daily. The European Court of Human Rights (ECHR) this summer had asked Russia to respond to questions regarding…

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Activists Block Train Carrying German Radioactive Waste to Russia

Greenpeace activists have blocked a train in Germany carrying a shipment of radioactive waste destined for Russia, the environmental organization said Monday. German exports of depleted uranium hexafluoride, a byproduct of uranium enrichment, resumed to Russia earlier this year. The shipments had been halted in 2009 by Russia’s state nuclear company Rosatom following reports that…

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Russia Says U.S. Backing for Israeli Settlements Blow to Peace Process

Russia’s Foreign Affairs Ministry said Tuesday that a U.S. decision to effectively back Israel’s right to build Jewish settlements in the occupied West Bank undermined the legal basis for a settlement of the Israeli-Palestinian conflict. U.S. Secretary of State Mike Pompeo on Monday abandoned Washington’s four-decade-old position that such settlements were “inconsistent with international law.”…

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Russia Lawmakers Claim Foreign-Funded ‘Camps’ Train Protesters

The Russian parliament’s commission on foreign interference said it has found several “camps” that allegedly receive funding from abroad to train protesters, both in-person and online, the Kommersant business daily reported Tuesday. Lawmakers formed the commission after this summer’s wave of protests in Moscow, accusing several news outlets and the U.S. Embassy in Russia of…

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Fitch Ratings Affirms PhosAgro’s BBB-/Stable Credit Rating

Moscow – PhosAgro (Moscow Exchange, LSE: PHOR) (“PhosAgro”, the “Company”), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that Fitch Ratings has affirmed the Company’s Long-Term Foreign- and Local-Currency Issuer Default Ratings at ‘BBB-’ and Short-Term Rating at ‘F3’. The Outlook for the rating is Stable. In its announcement, Fitch Ratings notes…

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ROSATOM Engineering Division has won the annual contest of yearly reports of the companies working in Russia

The Engineering Division of ROSATOM has won the XXII annual contest of yearly reports in the nomination “For the best quality of information presentation on sustainable development”. The Moscow Exchange and RCB media group are  organizers of the contest which has been held since 1997 and is the main platform for presentation of yearly reports…

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Russian Billionaire Moves to Launch Orthodox ‘Troll Farm’ – Reports

An influential pro-Kremlin billionaire wants to bankroll a conservative religious troll farm, the Open Media news website has reported, citing an unnamed political scientist who works with the Kremlin. Konstantin Malofeev has long financed the Kremlin’s drive to spread so-called “family values,” including last year’s U.S.-Russian summit of right-wing Christians who oppose same-sex marriage and…

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Russia-Brazil Business Council Discusses Prospects for Increased Trade Between the two Countries

Brasilia, Brazil – Andrey Guryev, CEO of PhosAgro, Chairman of the Russia-Brazil Business Council, and Second Deputy Chairman on the Russian side of the Intergovernmental Russian-Brazilian Commission for Trade, Economic, Scientific and Technical Cooperation — acted as Russian co-chair of the Russian-Brazilian Business Forum, held in the Brazilian capital as part of the BRICS summit.…

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Russia Trades Captive Spies With Norway, Lithuania in Cold War-style Swap

Russia, Norway and Lithuania conducted an exchange of spies on Friday, securing the return of several captured agents to their home countries, the head of Lithuanian counterintelligence said. Previous reports suggested that Moscow, Oslo and Vilnius were discussing exchanging two Russians jailed in Lithuania, two Lithuanians sentenced for spying in Russia, and a Norwegian, Frode…

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