The Russian foreign minister sparred with Western reporters after chairing the UN Security Council The future of the Black Sea Initiative, possible prisoner exchanges between Washington and Moscow, and the prospects for preventing the Third World War were among the topics Russian Foreign Minister Sergey Lavrov addressed on Tuesday while speaking with reporters at the…

The proposal to increase personal income taxes for workers abroad has been postponed  The Russian government has withdrawn a draft law that would more than double the tax rate for citizens who work outside the country, a day after the document was submitted to the State Duma.

Two of the country’s defense contractors are embroiled in a legal battle over the rights to the Leopard 2 German tank manufacturer Krauss-Maffei Wegmann (KMW) has filed an injunction against defense company Rheinmetall, seeking to restrain the rival firm from making “misleading” statements about the Leopard tank.