Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.» Read More
Jochen Wermuth, CIO of Wermuth Asset Management, discussed Vladimir Putin's probable return to Russia's political scene as President, and his previous failure to tackle corruption.
"Putin is the real leader of Russia. He is the father of Russia," Andrei Kostin, chairman and president of VTB Bank, told CNBC, when asked to rate Vladimir Putin's chances of becoming president.
Vladmir Putin will now run for president and Dmitry Medvedev will become prime minister. And, highly respected finance minister Alexei Kudrin is out. So is the economic future of Russia in question? Nicholas Burns, former director for Soviet Affairs in the George W. Bush Administration, weighs in.
How to play big changes at the Kremlin, with Tim Seymour, EmergingMoney.com
When Vladimir Putin took time out from shirtless photo opportunities to announce that he was seeking the Russian presidency again in 2012 at the weekend, the subsequent drop in the rouble must have been rather unflattering.
Putin said they had decided this a while ago. The State Department had decided a while ago in cables distributed by Wikileaks that Russia was a "virtual mafia state." Gee, what a surprise.
Senior Russian government figures have rebelled against a deal between President Dmitry Medvedev and Vladimir Putin, the prime minister, to switch jobs next year. The FT reports.
As the St Petersburg International Economic Forum wrapped up over the weekend, the business leaders and investors who flew into Russia to see President Medvedev outline his vision for attracting foreign investment into the resource-rich former super power were hopeful that reform is finally on the way, but sceptical that the Russian leadership will finally deliver on its promises to create a more business friendly environment.
At the St Petersburg International Economic Forum (SPIEF), one of the main topics on the agenda is how Russia transforms the wealth gained from its substantial natural resources into a more rounded economy.
Russia is ready to develop substantial business interests beyond the oil and natural gas driven wealth that has been generated since the collapse of the Soviet Union, the head of investment bank UBS in the region told CNBC.
Russian Prime Minister Vladimir Putin has hinted that there is more to Dominique Strauss-Kahn’s arrest on charges of sexual assault than meets the eye, according to various media reports.