The Moscow government is ready to purchase 51 percent of shares ofMoskvitch, a Russian car company, to offset the company's debt to the city,Senior Deputy Mayor in the Moscow government, head of the Property and LandRelations Board Oleg Tolkachov said at an Internet press conferenceorganized by RBC. The official pointed out "it may take Moscow 1.5 years tohaul the company back on track from its current bankruptcy". Tolkachovpointed out if the issue of the company acquisition was settled, the Moscowgovernment would update its facilities and launch a new staff policy. .
The face of USA's First Lady Melania Trump after her handshake with Russian President Putin has received a lot of attention in social media
Russia has left the list of 33 largest holders of US government bonds, after the country disposed of at least a third of remaining bonds