The St. Petersburg Times The St. Petersburg Times 1993 - 2011 60 The St. Petersburg Times en Putin Confident Russia En Route to Recovery Without Reforms Latest News By Ivan Nechepurenko Fri, 19 Dec 2014 00:00:00 +0300 Russian Clothes Stores Stop Buying as Ruble Collapse Wrecks Plans Latest News Sun, 21 Dec 2014 00:00:00 +0300 Russian clothing and shoes stores are caught between a rock and a hard place, with the rapid devaluation of the ruble wrecking their business plans while falling demand makes it impossible to raise prices, business daily Vedomosti reported Friday.]]> Finland\'s Sanoma Agrees to Sell Russian Cosmopolitan, Esquire Latest News By Delphine d'Amora Fri, 19 Dec 2014 00:00:00 +0300 Top Finnish media holding Sanoma has agreed to sell its stake in Fashion Press, publisher of the Russian editions of magazines Cosmopolitan and Esquire, to partner Hearst Shkulev Media, more than a year after announcing it was looking into selling its Russian assets.]]> Blog: \'C\' Is for Crimea; \'G\' Is for Googlik Latest News By Michele A. Berdy Sat, 20 Dec 2014 00:00:00 +0300 Ñëîâà ãîäà 2014: words of the year 2014 The people have spoken. OK, maybe not all the people, but the few hundred who vote on Russia\'s ñëîâà ãîäà (words of the year) have cast their ballots.]]> The Duma\'s War on Monsters and Russia\'s Other Oddball Initiatives Latest News By Alexey Eremenko Sun, 21 Dec 2014 00:00:00 +0300 Pro-Kremlin lawmaker Ilya Kostunov said in 2012 that even the stupidest among the State Duma\'s 450 lawmakers is smarter than the average voter. Alternative adjectives have been proposed — \"more extravagant\" among them — but everyone in Russia agrees: The lawmakers here do stand out.]]> Opinion: Putin Meets the Ghosts of Christmas Past Latest News By Mark Galeotti Sun, 21 Dec 2014 00:00:00 +0300 As 2014 draws to an end, the ruble tumbles, and no end to the Ukraine adventures seems in sight, President Vladimir Putin seem to be in a bind and out of ideas.]]> Local Rocker Turns Literary Latest News By Sergey Chernov Wed, 17 Dec 2014 00:00:00 +0300 Mikhail Sindalovsky, famed as the drummer of St. Petersburg ska-pop legends Dva Samolyota, has turned author since he moved to Israel in September 2010.]]> Russians\' Race for Foreign Currency Empties Bank Tills Business By Sam Skove Thu, 18 Dec 2014 00:00:00 +0300 Currency exchange desks across the country were drained of U.S. dollars and euros on Wednesday as Russians scrambled to turn their rapidly depreciating rubles into stable foreign cash, media outlets reported.]]> Putin Moves to Slash Penalties for Bribery Business Thu, 18 Dec 2014 00:00:00 +0300 Scaling back another anti-corruption measure, the Kremlin has introduced a bill to decrease fines for small-scale graft — because nobody pays them anyway, a presidential envoy said.]]> Ruble Chaos Forces Retailers to Suspend Sales in Russia Business By Alexander Panin Thu, 18 Dec 2014 00:00:00 +0300 Massive fluctuations in the value of the ruble currency on Tuesday have prompted retailers to make emergency price revisions or even suspend sales and deliveries in Russia until the crisis cools.]]> France Says \'No Reason\' to Deliver Mistral Warship to Russia Business Sat, 20 Dec 2014 00:00:00 +0300 French President Francois Hollande reiterated Friday he sees \"no reason\" to hand over a Mistral-class helicopter carrier to Russia given Moscow\'s continued destabilization of war-torn eastern Ukraine, news agency TASS reported.]]> Ruble Falls Further as Rate Hike Fails Business By Howard Amos Wed, 17 Dec 2014 00:00:00 +0300 The ruble reversed a 10 percent surge Tuesday, recording new lows amid falling oil prices and sparking fears that an emergency rate hike from the Central Bank would not be enough to support the collapsing currency.]]> Ruble Chaos Sparks Russian Spending Spree Business By Alexander Panin Fri, 19 Dec 2014 00:00:00 +0300 At 8 p.m. on Wednesday, DLT, the chic department store in the center of St. Petersburg, had more salespeople than customers. But on the other side of town, Swedish furniture retailer IKEA was making money hand over fist at its flagship store just southeast of the city after the chain announced it would raise prices on Thursday.]]> Russian Currency Collapse Accelerates Despite Central Bank Rate Hike Business By Howard Amos Wed, 17 Dec 2014 00:00:00 +0300 The Russian currency crashed past 100 against the euro Tuesday, the latest milestone in a currency rout that has rapidly gained momentum despite a huge emergency rate hike from the Central Bank.]]> China Eclipses Europe on Russian E-Commerce Market Business By Delphine d'Amora Fri, 19 Dec 2014 00:00:00 +0300 Europe is rapidly losing its share in the Russian e-commerce market to Chinese firms whose steady growth in the region has been fueled by this year\'s headlong devaluation of the ruble.]]> Putin Confident Russia En Route to Recovery Without Reforms Business By Ivan Nechepurenko Fri, 19 Dec 2014 00:00:00 +0300 Beaming confidence and exuding a readiness to deflect blame, President Vladimir Putin refrained from seizing the opportunity to announce any sweeping policy reforms with regard to Russia\'s economic crisis during his annual news conference Thursday.]]> Apple Suspends Online Sales in Russia in Response to Ruble Plunge Business Wed, 17 Dec 2014 00:00:00 +0300 Apple Inc has suspended online sales of its products in Russia while it mulls its response to the dramatic fall in the value of the ruble, a news report said Wednesday.]]> Conditional Currency Making a Comeback Business By Anna Dolgov Wed, 17 Dec 2014 00:00:00 +0300 OMON Riot Police Used Against St. Petersburg Clubbers Local News By Sergey Chernov Wed, 17 Dec 2014 00:00:00 +0300 Anti-gay lawmaker Vitaly Milonov, backed by the OMON riot police, raided a St Petersburg gay club late Saturday evening. Milonov called the police claiming that underage people were present at a “freak party” in the venue Central Station in violation of Russian legislation after both he and his supporters had been denied entrance by the club’s security guards.]]> The Towers of Petrograd Culture By Gus Peters Wed, 17 Dec 2014 00:00:00 +0300 At the intersection of Bolshoi Prospekt and Kamennoostrovsky Prospekt on the Petrograd Side stands the Rosenstein House, a building that stands out for its remarkable architecture in a city full of stunning buildings.]]> Lo-Fi Chanteuse Maria Minerva Performs in St. Petersburg Culture By Timothy Misir Thu, 18 Dec 2014 00:00:00 +0300 Estonian avant-pop musician Maria Juur, better known as Maria Minerva, made her name releasing introspective lo-fi music recorded on her computer in her bedroom and paired with sensual music videos that look like the 1990s MTV put through a kaleidoscope, but the musician is still dealing with her rapid rise from obscurity.]]> Google Publishes Russia\'s Top Search Queries of 2014 Culture Wed, 17 Dec 2014 00:00:00 +0300 Forget wars and money: The Sochi Olympics topped the list of this year\'s top-trending searches in Russia published by Google. Entertainment featured prominently, too: The runner-up was Zhanna Friske, a best-selling Russian pop star currently battling cancer who made headlines over the controversial fund-raising effort to help her.]]> Love, Friendship, Nuclear Bombs: A Cold War Story Culture By Matthew Bodner Wed, 17 Dec 2014 00:00:00 +0300 Looking Back on Russia’s ‘Annus Horribilis’ Culture Wed, 17 Dec 2014 00:00:00 +0300 American Film Institute Screens ‘Leviathan’ for Golden Globe Press Culture By Ali Sar Wed, 17 Dec 2014 00:00:00 +0300 “Leviathan,” director Andrey Zvyagintsev’s much-acclaimed Russian movie, has been nominated for the Golden Globe for the best foreign language film of the year.]]> Spanish Sausages Return to Russia Food & Drink By Irina Titova Wed, 17 Dec 2014 00:00:00 +0300 While a range of foreign food products have disappeared from Russian grocery shelves due to Russia’s recent economic sanctions against a number of countries, local food producers and their foreign colleagues are finding ways to bring some popular or exclusive products back to the country’s market.]]> Farsh & Bochka: Beer Haven Food & Drink By Jonathan Melvin Wed, 17 Dec 2014 00:00:00 +0300 A short walk from Nevsky Prospekt along the banks of the freezing Fontanka, Farsh and Bochka is a newly-opened establishment nestled amongst the slew of bars and pubs that dot Belinskovo street.]]> Russian Tax Collectors Go After Cats National News Fri, 19 Dec 2014 00:00:00 +0300 Russians who owe money to the government may occasionally get creative with concealing their cash, but some have been forced to pay up after showing off their cats.]]> Belarus\' Lukashenko: Russia\'s Behavior Arouses Suspicion National News Wed, 17 Dec 2014 00:00:00 +0300 Belarussian President Alexander Lukashenko has said that both the NATO alliance and domestic dissenters pose a threat to his country\'s security, while also pointing a finger in Russia\'s direction.]]> Russia’s Fastest Train Turns Five Today National News By Olga Kalashnikova Wed, 17 Dec 2014 00:00:00 +0300 The Sapsan, the fastest train in Russia, is celebrating its fifth anniversary today. Although the high-speed train, which covers the distance between Moscow and St.]]> Culture Minister: No Funds for Opposition Artists National News By Anna Dolgov Wed, 17 Dec 2014 00:00:00 +0300 British Tax agents raid museum for Putin’s Egg National News Wed, 17 Dec 2014 00:00:00 +0300 Grozny Arson Attack Provokes Outcry National News By Allison Quinn Wed, 17 Dec 2014 00:00:00 +0300 The head of the Kremlin’s council on human rights, Mikhail Fedotov, has spoken to the Chechen government about ensuring the safety of the republic’s human rights activists after a group of masked men set fire to their headquarters in Grozny on Dec.]]> Russian Arms Manufacturers’ Growth Bucks Global Trend National News By Matthew Bodner Wed, 17 Dec 2014 00:00:00 +0300 Zenit Draws Dutch Giants in Europa League National News By Gus Peters Wed, 17 Dec 2014 00:00:00 +0300 Q&A: A Tale of Two Environmental Giants Features By Alexey Eremenko Wed, 17 Dec 2014 00:00:00 +0300 Russia is one of the few big economies whose biological resources are growing — though no thanks to state policies, environmentalists say. Environmental problems are numerous and evident, starting with global warming: Russia is warming up 2.]]> Russians Feel a Tempest Brewing Opinion By Ivan Sukhov Fri, 19 Dec 2014 00:00:00 +0300 Moscow is already packed with snow and the usual holiday traffic jams, but the mood every evening in the metro is far from festive. Anyone who rides the outlying radial metro lines will encounter ample cause for conflict on an almost daily basis.]]> State Firm Bailouts Are Killing Russia’s Ruble Opinion By Sergei Guriev Sat, 20 Dec 2014 00:00:00 +0300 PARIS — In recent weeks, the fall in the Russian ruble and Russian stock markets closely tracked the declines in global oil prices. But everything changed on Dec.]]> Russia Is Preparing for a New Arms Race Opinion By Alexander Golts Wed, 17 Dec 2014 00:00:00 +0300 The Kremlin promised to give the world a New Year’s gift this December: a new version of Russia’s military doctrine. Last fall, President Vladimir Putin ordered changes to the country’s main unclassified document in response to the Ukrainian crisis and U.]]> Can Culture Transcend Russia-West Conflict? Opinion By Aria Danaparamita, Jennifer Tucker Thu, 18 Dec 2014 00:00:00 +0300 While the West is eager to punish Putin over Ukraine, many were outraged when the British Museum decided to lend Russia one of the most esteemed vestiges of Western art and civilization: the Parthenon marbles.]]> Opinion: Russia and the U.S. Play the Blame Game Opinion By Ian Bond Sat, 20 Dec 2014 00:00:00 +0300 Caucasus Emirate Is a Growing Threat to Russia Opinion By Gordon M. Hahn Wed, 17 Dec 2014 00:00:00 +0300 Russia Doesn’t Need Luck, Just Better Policy Opinion By Mark Adomanis Wed, 17 Dec 2014 00:00:00 +0300 Forget Dollars, Start Buying Rubles Opinion By L. Todd Wood Wed, 17 Dec 2014 00:00:00 +0300 All About Town ALL ABOUT TOWN Wed, 17 Dec 2014 00:00:00 +0300 Sunday, Dec. 21 The Zenit St. Petersburg basketball team returns to the northern capital this evening for a matchup with Krasny Oktyabr, a Volgograd-based basketball club.]]>