Sergey Udaltsov ended up in custody after rallying support for fellow leftists, suspected of plotting terrorism and insurrection A Moscow court on Friday authorized the arrest of Sergey Udaltsov, the founder of the ‘Leftist Front’ group, placing him into a pre-trial detention for a month. The far-left activist stands accused of “justifying terrorism” through the…

Discussions about outright seizure of Moscow’s withheld assets have recently become more frequent in Western capitals Russia is preparing to mount a legal battle to prevent its reserves frozen in the West from being seized, Bloomberg News reported on Friday. An estimated $300 billion worth of Russian assets were frozen last March as part of…

The country’s holdings rose by more than $5 billion over a two-week period, official data shows Russia has continued to boost its foreign currency reserves, which reached $598.5 billion as of January 5, according to the country’s central bank. This represents an increase of $5.1 billion in the two-week period since December 22.