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MOSCOW, September 19 (RIA Novosti) - Investigators...

MOSCOW, September 19 (RIA Novosti) - Investigators have not found any "compromising" cargo on board the Arctic Sea vessel, a spokesman for the Investigative Committee of the Russian Prosecutor General"s Office said on Saturday.


Things are moving on the Eastern front...

Things are moving on the Eastern front. And more movement may be coming soon, as an old winter chill in Rome-Moscow relations seems to be thawing, with profound consequences for Europe and the entire world


Thirteen people have been killed in the...

Thirteen people have been killed in the Mexican resort city of Acapulco, where drug-related violence has surged of late, local media have said.

Exhibitions

MOSCOW. (RIA Novosti economic commentator...

FSFM has also suggested a clampdown on cash settlements. In particular, the Finance Ministry and the Central Bank should “draft a program of reducing the volume of cash in the national economy, which amounts to some 40% of money circulation.” But these suggestions have not been formalized so far.

The Russian Interior Ministry reports that some 150-160 billion rubles ($5.71 billion, or 4.68 billion euros) are laundered in Russia annually, but experts put the figure at about 400 billion rubles ($14.28 billion, or 11.7 billion euros).

Money laundering remains an acute problem in Russia. It is directly connected to combating terrorism and crime financing and seriously affects market stabilization and the attraction of foreign investment.



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