Nikolai Borisov, the proprietor of three Italian restaurants in Moscow, has been forced to take Gorgonzola cheese and Parma ham off his menus after PresidentVladimir Putin banned some food ... Read More
Three Russian major state-owned institutions – Sberbank, VTB and Vnesheconombank – have announced that they have filed lawsuits with an EU court to contest sanctions the European Union imposed ... Read More
Artem Kulizhnikov, founder of a startup designed to help musicians annotate music, is packing his bags to leave Moscow in December. His destination: Dubai or Singapore, where he sees ... Read More
Russia’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service, which cited sluggish growth prospects and an erosion of the country’s reserves amid sanctions over ... Read More
Russia’s currency dropped to an all-time low against the dollar on Tuesday as investors fret about the fallout of economic sanctions. The United States and the European Union last ... Read More
The European Union tightened economic sanctions against Russia on Friday, in response to the country’s role in the Ukraine crisis, imposing additional restrictions on oil companies and extending asset ... Read More
Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the ... Read More
Oil and gas are at the heart of the Russian economy and are largely responsible for keeping Moscow’s government budget in balance. But the recent decline in the price ... Read More
A lunchtime crowd of around 60 real-estate agents and property developers tucked into champagne, caviar and canapés last week at a new six-bedroom mansion in St. George’s Hill, a ... Read More
Japan on Tuesday slapped new sanctions on Russia over its backing of separatist insurgents in eastern Ukraine, adding 40 individuals and two Crimean companies to its blacklist, news reports ... Read More
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