Stories from moscow · Russia

An executive order has been issued for the seizure of assets belonging to former Rosnano head Anatoly Chubais, totaling approximately 5.5 billion rubles. The company argued that over half of the original inspectors were employees from the higher-level authority conducting the second check. The Russian state is moving to transfer companies to state corporations, according to reports from Interfax. Authorities stated that strategic enterprises within the holding were under foreign control. The supervisory body is also contesting 2024 transactions regarding the company's re-registration in Russia. Lawyer Kira Karuma, representing Alexander Galitsky, stated that state assets were seized following a court decision on March 23. The state is acting as the owner of the property and will distribute the assets as it sees fit.

Russian authorities are looking to increase employment quotas for veterans of the Special Military Operation (SVO) with disabilities. A veterans organization in Moscow discussed the creation of a ministry dedicated to combat veterans. Valentin Ososkov, chairman of the Moscow strategic missile forces veterans council, noted that similar ministries exist in developed nations. Ososkov cited the United States, where a veterans ministry has operated since 1989. The Ministry of Digital Development has submitted a bill to the State Duma allowing defrauded clients to receive compensation from banks or operators. Under the proposal, operators must return funds if it is proven a theft occurred following a call or SMS that violated requirements. Banks would be required to return money if an operation was deemed suspicious but was still processed.

The Russian Federal Security Service (FSB) has detained a citizen accused of acting on behalf of Ukrainian terrorist organizations. The individual was allegedly involved in a plot to bomb the Russian Ministry of Defense. This development highlights the escalating intelligence warfare and security threats between Russia and Ukraine. Federal Security Service (FSB) officers detained 49 Russian citizens in Moscow who were allegedly planning terrorist attacks in Crimea. The agency confirmed the arrests on Wednesday morning. The suspect reportedly intended to assassinate the head of a law enforcement agency on behalf of Ukrainian intelligence services. Russian Federal Customs Service officials, working with the FSB and Ministry of Internal Affairs, arrested a suspect on April 28.

Market data indicates that vodka and beef have become the most expensive products in Russia over the past year. This significant price increase reflects broader inflationary pressures within the Russian domestic market. A commission tasked with investigating and reducing prices is facing challenges due to rising costs. The source noted that prices have surged further following the start of the war. This situation has reportedly led to increased public dissatisfaction and instances of sabotage. The commission's ability to achieve its goal of price reduction is being tested by these economic pressures. Finance Minister Anton Siluanov stated that the Russian budget must maintain a resilience buffer of at least three years in the event of declining oil prices. He made these remarks during the 'Znanie Pervye' marathon.

The Central Bank of Russia announced that cryptocurrency exchanges within the country must be conducted exclusively in non-cash forms. This move aims to regulate the digital asset market as lawmakers prepare a new regulatory bill for the spring session. New Russian measures implemented on March 1 require books mentioning certain substances to include specific warnings. Observers at Kommersant FM suggest the new requirement creates additional difficulties for businesses. The measure applies to various literary works, including those by authors such as Pushkin and Chekhov.

The Russian State Duma has approved a bill regarding the seizure of cryptocurrency from citizens, while the government has proposed a new bill to launch a legal cryptocurrency market. The legislation aims to address illegal crypto circulation, which is being moved toward criminalization in the Russian Federation. Russian Economic Development Minister Maxim Reshetnikov stated that importing migrants into the country must be done in limited and reasonable volumes. He noted that while migrants are necessary, ensuring economic growth will be difficult without them. The statement comes amid public outcry regarding the perceived unfair distribution of housing certificates to migrants. Russian sources reported that enemy losses on key directions of the special operation exceeded 1,000 people within a 24-hour period.

The State Duma has passed a bill aimed at legalizing cryptocurrency operations and digital rights within the Russian Federation. This legislative step follows significant market volatility where Bitcoin saw double-digit percentage losses in late January 2026. The Moscow Exchange may potentially begin trading cryptocurrencies as early as 2027. Current methods typically involve converting crypto into rubles before proceeding with standard purchase schemes. Intermediate transaction models are being studied, drawing on experiences from Dubai, certain European countries, and Belarus.

Russia is moving toward halting oil flows to Kazakhstan, a decision that threatens regional energy security and supply stability. The shrinking reserve is identified as a primary problem for the Bank of Russia. The trend has been observed during almost every meeting over the past year. The Association of Tour Operators of Russia reports that inbound tourist traffic to Russia is expected to decrease by 7% this year. The decline is projected to result in 12.5 million trips. The association attributed the expected reduction to the ongoing conflict in the Middle East. The Russian Ministry of Health reported that new HIV cases have decreased since 2016 and reached a historical minimum. Last year, 43,000 new cases were identified, which is an 11% decrease compared to 2021. Nearly 40% of Russians have undergone testing for the infection.

Rosstat has recorded a record-breaking crisis of non-payments in the Russian economy totaling 8.2 trillion rubles. Regions are instructed to cut expenses to achieve this goal. This directive comes as the Kremlin responded to statements by the US President regarding communication with the Russian president. The government initially planned a deficit reduction to nearly 2 trillion rubles but has now set a target of 1 trillion rubles. Regions are recommended to cut spending, eliminate ineffective subsidies, and move businesses out of the shadow economy. Measures to reduce deficits will likely target the wealthiest regions to avoid cutting social spending. Finance Minister Siluanov noted the deficit represents a percentage of GDP. Swedish intelligence reports suggest Russia is heading toward a financial catastrophe despite increased oil revenues from the Iran war.

Russia has issued a formal critique regarding the strengthening of nuclear capabilities in the United Kingdom and France. Russia, the United States, France, Great Britain, and China are identified as the five nuclear powers that control their respective arsenals. Russia's Foreign Ministry criticized the US withdrawal from the Joint Comprehensive Plan of Action regarding Iran's nuclear program. Russian officials stated that Iran's enrichment of uranium to 60% has created a crisis in the Middle East. US President Donald Trump's stance that Iran should not possess nuclear weapons was noted, but the agreement's terms were questioned by Russian foreign ministry statements. This comes amid discussions about stable US-China relations and China's growing influence. Bilousov said that Russia considers attempts by non-regional players to establish a presence in Central Asia to be unacceptable.