The Moscow Times

The Moscow Times, the only English-language daily published in Russia, has set for itself the goal of providing foreigners and internationally oriented Russians with balanced, well-researched journalism and practical information that helps them understand Russia.

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EBRD provides rescue financing to Travelata and other Russian portfolio companies

April 10, 2020

The European Bank of Reconstruction and Development (EBRD) has provided finances to a Russian company for the first time in more than five years under its emergency coronavirus support fund. The EBRD stopped making active investments in the country in 2014, following Western sanctions stemming from the events in Ukraine and Crimea. The group has also wound …

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Technical experts and human rights activists challenge Moscow city’s QR coronavirus quarantine plans

November 12, 2020

What might have sounded like a dystopian scenario at the start of the year could become reality in Moscow very soon. Under a proposed system to fight the spread of the coronavirus, every trip outside — from buying essentials to walking the dog — will have to be approved in advance by the authorities. Mayor …

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Russians urged to reject cash to slow coronavirus spread

April 9, 2020

Russia has urged consumers and businesses to use digital payments rather than cash in an effort to slow the spread of the coronavirus and told banks to limit ruble notes in circulation. Consumer safety watchdog Rospotrebnadzor this month encouraged Russians to move to cashless payments, citing World Health Organization guidelines stating that a virus can …

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Russian billionaire Vladimir Potanin launches metals blockchain

March 19, 2020

Russians may soon be able to use digital tokens to buy metals, book air tickets and transfer ski passes from Vladimir Potanin’s businesses after the billionaire got the go-ahead for his blockchain platform. Potanin has long signaled plans to start crypto tokens for metals, but can now expand the project to the consumer side of …

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Moscow deploys facial recognition in mass coronavirus quarantine

February 24, 2020

Around 2,500 people arriving in Moscow from China have been ordered to be placed under quarantine for the coronavirus and are being monitored by the Russian capital’s facial-recognition technology, Mayor Sergei Sobyanin said Friday. All arriving passengers from China are required to undergo a physical examination and coronavirus test at the airport, Sobyanin wrote on his website. …

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Alexander Galitsky: From Soviet engineer to libertarian investor

February 21, 2020

Wearing casual trousers, a pullover and ruffled hair, surrounded by programmers, designers and freelancers half his age in the trendy WeWork coworking space in central Moscow, Alexander Galitsky wears his libertarian colors with comfort and conviction.  Over the last three decades, he has made his name and his fortune connecting people, money and services in …

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Samsung to abide by new Russian law on pre-installed apps

February 18, 2020

Samsung will meet the requirements of Russia’s controversial law requiring smartphone makers to sell their devices with government-approved pre-installed software, the company told Russian news agency RIA Novosti Monday. “Samsung Electronics will be ready to meet the requirements of the Russian legislation provided by the regulator and adapt the company’s activities in accordance with the …

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Russia proposes banning foreign IT for critical infrastructure

February 12, 2020

A Russian government agency has proposed banning the use of foreign information technology for critical national infrastructure, a draft government order shows, as Moscow moves to step up its control over the internet within its borders. The Federal Service for Technical and Export Control (FSTEC) has proposed increasing the technological sovereignty of critical infrastructure, systems …

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Facebook, Twitter threatened with fines over data localization law

February 2, 2020

Facebook and Twitter have not provided yet the required information about the storage location of the Russian personal data they process, the authorities stated Friday. Roskomnadzor, the Internet and telecom regulator, said Friday the two companies could be forced to pay a fine ranging from 1 million rubles (approximately $16,000) and 6 million rubles ($94,000). …

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FT: Yandex to launch car-sharing in Europe

November 12, 2020

Yandex, the Russian NASDAQ-listed Internet giant, is planning to launch its car-sharing service in Europe, the Financial Times has reported. The head of Yandex.Drive, the company’s car-sharing division, Anton Ryazanov, told the paper it would roll-out the service with a 1,000-strong fleet of electric cars later this year.  Yandex has not yet decided which city it …

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Russian Internet group Rambler sues Amazon’s Twitch for $3 billion

December 17, 2019

Russia’s third-largest internet company Rambler wants a record 180 billion rubles ($2.87 billion) in compensation from Amazon’s streaming giant Twitch over illegal streams, the Kommersant business daily reported Monday, the second high-profile action Rambler has taken against a U.S. tech company in less than a week. Rambler wants to ban Twitch and seek damages over what it …

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