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16/10/2021
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Russia, Cyprus in second day of gas for cash talks
14:31 21/03/2013
Russia and Cyprus are set to launch a second day of talks in Moscow on Thursday over a multibillion-dollar loan to help the island nation avoid a financial collapse.
Russia's ex-finance minister slams Cyprus deposit levy plans
16:42 19/03/2013
Russia’s former finance minister, Alexei Kudrin, said on Tuesday that plans by Cyprus to force all savers to agree to a levy on their deposits ignored the interests of Russian investors.
Chief investigator urges criminal responsibility for legal entities
10:48 19/03/2013
Russia should introduce criminal liability for legal entities to return to Russia the funds that were siphoned off abroad illegally, Investigative Committee Chairman Alexander Bastrykin said.
Cyprus banks cease operations, Russian investments at risk
09:33 18/03/2013
The Central Bank of Cyprus has ordered all national banks to suspend operations at both domestic and foreign offices. The measure comes after EU finance ministers agreed on Saturday to tax deposits in Cyprus as part of the extraordinary 10 billion-euro ($13 billion) bailout.
Over 700 complaints filed with Russian business commissioner since June 2012
16:58 12/03/2013
Presidential Commissioner for Entrepreneurs' Rights Boris Titov has received upwards of 700 complaints since taking office in June 2012, he announced at a RIA Novosti press conference Tuesday.
Russia seeks to unveil offshore ownership of key companies
16:27 12/03/2013
The Russian government is in the process of drafting a bill that would force the owners of offshore companies to reveal their identities if their companies own objects or entities key to Russian infrastructure, security, and defense.
300,000 self-employed Russians quit over tax hikes
15:28 11/03/2013
Almost 300,000 self-employed Russians have quit business in Russia in the past three months due to social tax hikes, an Economics Ministry official said on Monday.
Russia to lift restrictions on foreigners opening small businesses
15:03 18/02/2013
The Russian government has approved amendments to the federal law on small and medium enterprises which will lift the restrictions on foreign nationals opening small and medium-sized businesses.
Uzbekistan bans foreign currency trading
17:10 05/02/2013
Uzbekistan has made trading with foreign currency a criminal offense, Uzbekistan’s Tax Committee warned on Tuesday, the latest in a string of measures apparently aimed at preventing the global market slump from eating into the Central Asian republic’s reserves.
Kyrgyzstan aims to strip Canadian gold firm of tax status
10:52 29/01/2013
Kyrgyzstan’s cash-strapped government wants to renegotiate its agreement with its largest foreign investor, Toronto-based Centerra Gold, and to end the company’s privileged tax agreement
Bus drivers in Athens strike despite court ban
15:38 28/01/2013
Buses and trollies remain idle for a third day straight in Athens, according to local trade unions.
Russia publishes draft law on development of Arctic zone
16:57 23/01/2013
A draft federal law on Russia's Arctic zone was published on Wednesday on the Regional Development Ministry's website. The ministry will serve as the coordinator and the authorized federal executive body responsible for the Arctic's development.
Russian judiciary development program to cost $2.96 billion
11:57 10/01/2013
An eight-year program aimed at developing the Russian judicial system costing 90 billion rubles ($2.96 billion) has been approved by the government, according to its press service. The program was put together by the Ministry of Economic Development and was approved by the government on December 20.
Bill easing control over mergers and acquisitions heads to Parliament
12:10 27/12/2012
Prime Minister Dmitry Medvedev has signed an executive order to submit a bill to the State Duma easing notification procedure for mergers and acquisitions.
US slaps Bank of America with $1bln mortgage fraud suit
10:19 25/10/2012
US federal prosecutors on Wednesday filed a $1 billion civil lawsuit against Bank of America, accusing America’s second largest bank of a “spectacularly brazen” scheme in which the bank allegedly churned out fraudulent mortgages and sold the loans to the government.
Russia to join WTO on August 23
13:01 24/07/2012
Russia will become a full member of the World Trade Organization on August 23. Russia will undertake all obligations under the agreement as a WTO member state.
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