Latest St Petersburg (Russia) News
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Browder Refused Safe Passage to Germany for Magnitsky Event
The European Magnitsky Law event has been canceled after German authorities refused to grant safe passage to William Browder, the head of Hermitage Capital, who was due to speak at the event in Berlin on May 27. Germany's refusal to grant Browder safe passage comes after Russian authorities filed a request with Interpol to monitor the investor's international movements. Browder is ...
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Gutseriyev Pays $20M for Krasnaya Polyana Stake
Russneft CEO Mikhail Gutseriyev paid $20 million for 41 percent of Krasnaya Polyana, which is building a ski resort in Sochi, he said in an interview with the Dozhd television channel, Vedomosti reported Wednesday. He said a friend of his, Akhmed Bilalov, asked him earlier to buy his brother Magomed Bilalov's stake in Krasnaya Polyana. Akhmed Bilalov estimated the stake at $80 million to ...
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Russia raises deficit forecasts wont balance books by 2015
* Deficit seen at 0.6 pct of GDP in 2014, 0.7 pct in 2015 * Putin promised balanced budget by 2015 * Finance Ministry says spending will remain constrained By Maya Dyakina MOSCOW, May 22 (Reuters) - Russia is likely to run a budget deficit at least until 2016, the Finance Ministry said on Wednesday, a decision that would break a pre-election promise of President Vladimir Putin to balance the ...
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Russia’s counter-intelligence arrests turns over CIA agent in Moscow
Geostrategy-Direct.com Russia's Federal Security Service [FSB] announced on May 14 that it had caught a CIA agent in Moscow red-handed in the process of recruiting a Russian man who was in fact a FSB undercover ...
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Societe Generale sacks Russian unit head
PARIS (AFP) - French bank Societe Generale said Wednesday it had sacked the head of its Russian unit Rosbank, who was arrested last week in Moscow for accepting a $1.5-million bribe."The Board of Directors of Rosbank has initiated the process of dismissal of Vladimir Golubkov as CEO of Rosbank," said Societe Generale, which owns a controlling stake in the Russian bank.Golubkov and his ...
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Ecuadorian Forward Tries to Ignore Russian Football Racism
MOSCOW, May 22 (R-Sport) – Lokomotiv Moscow forward Felipe Caicedo has told R-Sport he tries to block out racist chants at Russian football ...
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Witness undermines case against Russian protest leader
Nikita Belykh (R, standing), governor of the Kirov region, attends a court hearing, with Russian protest leader Alexei Navalny (2nd L) seen in the foreground, in Kirov, May 22, ...
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Russia says Assads foes lack commitment to peace talks
MOSCOW (Reuters) - Russia said on Wednesday that the Syrian opposition had not yet shown enough commitment to efforts to arrange a peace conference with ...
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Russian drunk driver who killed 7 including 5 orphans at bus stop gets 8 and a half years
MOSCOW - A Russian drunk driver who sparked a nationwide debate after killing seven, including five orphan children, in a road accident last year has been sentenced to prison. Moscow's Nikulinsky court ordered Alexander Maximov to serve eight and a half years Wednesday. Maximov scandalized Russia last fall when he crashed his Toyota sedan into a bus stop at 200 kilometres (125 miles) per ...
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Russia braces up for another wave of economic crisis
The global economic crisis has been gathering pace recently. According to IMF forecasts, the growth rate of the economy in 2013 will drop to 3.3 percent. Officials with Russia's Ministry for Economic Development said that the slowdown in the domestic economy would be even more considerable - up to 2.4 percent of GDP. What is the Russian government going to counter to these negative ...
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Putin to discuss with film people support to Russian filmmaking on May 24
SOCHI, May 22 (Itar-Tass) - The support to the Russian filmmaking, particularly for the making of state-funded films, will be discussed at a meeting between Russian President Vladimir Putin and the film people on May 24, Russian president’s press secretary Dmitry Peskov said, meanwhile, rejecting the suppositions of several newspapers that reported, "The Kremlin intends to deal with ...
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Russia’s Jewish communities say comparison of SMERSH and SS blasphemous
MOSCOW, May 22 (Itar-Tass) - The Federation of Russia’s Jewish Communities has slammed as provocative a statement by politician Leonid Gozman, who compared the Soviet Union’s World War II counter-intelligence service SMERSH (Death to Spies) and Germany’s Nazi SS. Also, it expressed extreme concern over a new spiral of confrontation in the public discussion over the results of ...
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Russia Steps Up Missile Sales to Syria
JERUSALEM, Israel -- Not only will Russia make good on delivering advanced S-300 anti-missile batteries and surface-to-air missiles to Syrian President Bashar Assad's regime, it has also provided anti-ship cruise missiles with advanced guidance systems, ...
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Russia luxury car tax seen as another step towards social justice
Russian economy Russia's luxury tax - a campaign pledge by President Vladimir Putin - is taking shape. Though attaining social equality through taxing the rich has proven tough, the Russian parliament has outlined legislation to sharply raise taxes on luxury cars. Driving quick as the wind on a car worth over $160,000 on Moscow streets, which sees its fair share of expensive German cars, ...
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Russian Footballer Banned for Obscene Gesture
MOSCOW, May 22 (R-Sport) - Zenit St. Petersburg midfielder Roman Shirokov has been given a two-game suspension for making an obscene gesture after scoring the third goal in his side's 3-1 win over FC Volga over the weekend. The Russian Football Association’s disciplinary committee announced the punishment after a meeting Wednesday. It means Shirokov, 31, will miss Zenit's last ...
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Russia’s Q1 Gold Production Up 4
MOSCOW, May 22 (RIA Novosti) – Russia refined 35.235 metric tons of gold in January-March 2013, up 4.37 percent from a year earlier, the Russian Gold Industrialists Union said on Wednesday. That included gold extracted by gold miners and gold from the associated output of non-ferrous metals. Gold extraction grew by 6.34 percent to 29.33 tons, while gold output from scrap and waste ...
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SocGen says Russia unit CEOs duties to be terminated
MOSCOW | Wed May 22, 2013 10:12am EDT MOSCOW May 22 (Reuters) - Societe Generale's Russian unit CEO Vladimir Golubkov's duties will be terminated, the bank and its unit, Rosbank, said in a joint statement on Wednesday. For details please see (Reporting by Katya ...
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Uzbek Mobile Operators Accused of Collusion
The Federal Anti-Monopoly Service has opened a case against mobile phone operators Rubicon Wireless Communication and Uzmobile, accusing them of violating anti-trust legislation and forming a cartel. The anti-monopoly watchdog said the two Uzbekistan-registered operators had colluded to push their main competitor, Uzdunrobit, which is a subsidiary of MTS, out of the market, Interfax reported. ...
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Moscow Could Get Hub for Low-Cost Airlines by End of 2014
UTair airlines has announced ambitious plans to turn a Kaluga region airport located less than 100 kilometers from Moscow into a hub for low-cost airlines. The airline has signed a $2 billion agreement with the Kaluga region government to base up to 20 Airbus A320 aircraft at Yermolino Airport, which was exclusively used by the Interior and Defense ministries until recently, Vedomosti reported ...
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Tele2 Says Moscow Needs More Mobile Competition
The poor quality of mobile telephony in Moscow is caused by a lack of competition, said Jere Calmes, head of Tele2 Russia, during the Telecom 2013 conference organized by Vedomosti on Wednesday. "Competition is the key factor and the most effective method to increase [network] accessibility and improve line quality. In my view, five years ago, the quality of the [mobile voice] network in ...
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Putin Strengthening Power Vertical Report Says
Vladimir Putin is building a system of increasingly centralized control, in which he directly manages the government, influential research group Minchenko Consulting said in a report published Wednesday. The report analyzed the first year of Prime ...
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Talks over Vimpelcoms Djezzy at delicate stage source
MOSCOW/CAIRO (Reuters) - Russia-focused telecoms firm Vimpelcom's talks to sell a controlling stake in its Algerian mobile business Djezzy to Algeria are at a delicate stage but have not failed, a source with knowledge of the discussions said on Wednesday.Algeria wants to nationalize Djezzy and has pushed Vimpelcom into discussing a sale of a 51 percent stake.A report by Dow Jones earlier ...
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The Cathedral of the Nativity in central Chisinau designed by Abram Melnikov was built in 1830 and is the main cathedral of the Russian Orthodox Church in Chisinau Moldova.
But the settlement on the outskirts of the Russian empire, once considered a place of punishment, is now the economically emerging capital of the independent Republic of Moldova. Renamed Chisinau in Romanian after the collapse of the Soviet Union, the city still preserves its old name in ...
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4 Turkish nationals get 90 years each for poisoning deaths
Four Turkish nationals each received 90 years in prison for serving tainted alcohol to a group of Russian tourists, killing five of them, officials said. A group of approximately 60 Russian tourists were visiting the Turkish Aegean resort of Bodrum in May 2011, when 21 of them fell ill from ingesting the bootlegged alcohol on a yacht tour. Five of them, all tour guides, died from poisoning. ...
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Dutchman who stabbed Russian boy suffers from autism
The 20-year-old Dutchman Sirin Shriver, who attacked 11-year-old Russian Nikita Onishchenko on Crete suffers from autism, the mother of the man, who worked as a hotel entertainer, said. The woman, Alexandra Schriver, said that she would arrive on Crete on Monday to testify on the case and said that she could not arrive earlier due to the strike of air traffic ...
St Petersburg Focus
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New business centre in St Petersburg remains contraversial
Okhta Centre has become one of the most contentious development projects in all of Russia. It is a project that offers St Petersburg two options that can’t be matched, either to embrace the modern world and allow a world-class business centre to be built, or maintain the city’s historic skyline, architecture and reputation as a major tourist destination with huge historical significance.
Before 2007, Okhta Centre was called Gazprom City and was promoted as such in Russian and St Petersburg news media, but from the start the project was a contentious issue, due primarily to the fact that the development calls for a massive tower to be built in its centre, a tower that will be the tallest in Europe and one of the largest in the world. Read more
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