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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.


At least 300 people have died after a powerful...

At least 300 people have died after a powerful earthquake hit north-west China"s Qinghai province early on Wednesday.


MOSCOW, October 27 (RIA Novosti) - Russia...

MOSCOW, October 27 (RIA Novosti) - Russia, India and China have proposed to develop a collective strategy to stabilize Afghanistan and expect a positive answer from the United States, Russian Foreign Minister Sergei Lavrov said on Tuesday.

Around Moscow

Russia has lost two cases in the Strasbourg...

The first case concerned the disappearance of Ramzan Guluyev, born in 1967, who was taken from his house in Grozny in July 2002 by a group of armed men wearing camouflage uniforms and has not been seen since.

The applicants, Guluyev"s relatives, complained that the investigation carried out by Russian authorities was ineffective, and breached articles of the European Convention on Human Rights guaranteeing the right to life, the right to liberty and security, the right to an effective remedy, and prohibiting inhuman or degrading treatment.

The court ruled that Russia pay the applicants 10,800 euros ($14,700) in pecuniary damages and 65,000 euros ($88,000) in non-pecuniary damages. The applicants were also awarded 1,650 euros ($2,250) for costs.

The applicants in the second case are the relatives of Islam Dunbayev, born in 1982, and Roman Bersnukayev, born in 1983, who were abducted in November 2000 and February 2001, respectively, and have not been seen since.

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