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MOSCOW. (RIA Novosti economic commentator...

MOSCOW. (RIA Novosti economic commentator Nina Kulikova.) – The early 1990s were a time when crime penetrated the Russian economy and money started flowing out of the country, whose legislation was lagging far behind the world’s anti-money laundering laws. As a result, the Financial Action Task Force on Money Laundering (FATF) put Russia on the black list of “tax havens” in 2000, which led to various discriminatory measures against Russian financial institutions.


The world"s most powerful atom smasher has...

The world"s most powerful atom smasher has been restarted, the Symmetry magazine reported Sunday.


Russian President Dmitry Medvedev highlighted...

Russian President Dmitry Medvedev highlighted Moscow"s determination to step up trade with India during a meeting with visiting Indian Prime Minister Manmohan Singh on Monday.

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MOSCOW, June 20 (RIA Novosti)-Russia is...

St. Petersburg will host Russia's debut summit of leaders from the Group of Eight industrialized nations on July 15-17.

And Igor Shuvalov, Russia's sherpa to the club of rich nations, said, "We are not preparing any surprises for anyone, [but] are acting according to a plan, and we do not expect any surprises."

Shuvalov said there was speculation that difficulties had emerged in relations between Russia and the United States and given that bilateral talks on Russia's accession to the World Trade organization were yet to be completed, one of the countries could present an unpleasant surprise at the meeting next month.

But the aide said this was unlikely to be on the cards. "We would like to avoid any surprises both from us and our partners," he said.




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