Friday, November 7, 2025

The Moscow Times - Weekly Newsletter - November 7, 2025 - the Kremlin was forced to dismiss reports that Foreign Minister Sergei Lavrov has fallen out of favor with Putin

 

What else happened this week

  • Putin has elevated two dozen relatives to roles in government or at the helm of lucrative state companies in a likely 100-year record.

  • At least 15 regions are stationing reservists to guard oil facilities against Ukrainian drone strikes.

  • The EU banned Russians living in the country from obtaining multiple-entry Schengen visas, while Russians living abroad reported that Revolut blocked their accounts following the latest EU sanctions.


  • Russia will roll out its VAT hikes more slowly following a backlash from small businesses. The Kremlin is grappling with how to maintain high military spending and costly social programs amid darkening economic headlines and a stagnant tax base.


  • Putin signed into law a new year-round conscription model amid the Kremlin’s efforts to expand its manpower for its war in Ukraine.

  • Swiss commodities trader Gunvor withdrew its $22 billion bid to acquire Lukoil’s overseas assets after the U.S. Treasury Department said it would block the deal, branding the firm a “Kremlin puppet.”


  • St. Petersburg police seized musical instruments in a series of raids targeting street performers, signaling a wider clampdown following the arrests of the band Stoptime for singing anti-Putin songs.

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