A Russian anti-corruption law banning politicians from business activities will not be applied to Crimean officials until the end of the year to give them time to adjust to Russian legislation, said ...

Having despoiled Crimea's harvest, Ukraine's water war with Russia may take more victims, with two major Crimean chemical plants near closure because of a water shortage, a Crimean official said Wednesday.

The Finance Ministry is finalizing plans to levy a property tax on individual homeowners and ratchet up the cost by pegging the tax rate to cadastral property values.

Sochi's Olympic sports venues and hotels have been exempted from property tax for two years by the regional government, a move that analysts say simply reflects the hopelessness of their financial position ...

The U.S. will call off some $544 million in trade benefits by excluding Russia from the Generalized Preferential System, or GSP, which reduced import rates for developing states in order to boost ...

The Russian government will pump 7 billion rubles ($196 million) into subsidizing transport links and infrastructure between Crimea and the Russian mainland, in an attempt to save a tourist season that is ...

The crisis in Ukraine has led skittish U.S. and European tourists to rethink their holiday plans, leading to a wave of cancellations and drop in sales for Russia's tour operators, the Russian ...

Visa and MasterCard will hold fast to Russia despite a new law that forces them to pay over $3.8 billion as a security deposit to the Central Bank.

The Central Bank has revoked the licenses of Mestny Kredit Bank and the National Bank for Business Development as a part of a massive campaign to regulate the banking system, Vedomosti reported ...

The highway linking Moscow to Domodedovo Airport may become a new toll road under a government scheme to raise funds for road repairs and development from fees paid for using them, Vedomosti ...