Russia Suspends Opposition Leader’s Sentence. Will It Quiet Criticism Of Kremlin? (+video)

The protests were targeting the Muslim community in the city. Moscow has been cracking down on illegal immigrants from Azerbaijan and elsewhere all year. Millions of migrant workers live in Russia, most of them from the former Soviet republics of Central Asia. There are high levels of hostility towards increased levels of migration in Russian society and that is the main reason for the tighter restrictions. Under current law, foreigners are allowed to buy property on almost the same terms as Russians. They are forbidden, however, from owning real estate in border zones, agricultural land, land near sea ports, infrastructure hubs and military establishments. Russias Real Estate Market Earlier this year, Ernst & Young released a global real estate survey that suggested Russian real estate was at least as attractive as traditional Europe. Some 87% of companies surveyed said Russia was an attractive or very attractive investment for properties, while 83% said the same about Europe. According to the companies surveyed, which include large banks and insurance firms, Russian real estate portfolios are expected to increase this year with 84% of respondents saying theyll close more deals in 2013 compared with 57% saying so last year. As a result of this burgeoning demand for Russian property, housing and commercial real estate values are expected to rise, though the report did not estimate by how much. Tom Griffin, regional director of commercial real estate services firm Jones Lang LaSalle, said Russias $8.7 billion real estate market is less than 1% of the countrys GDP. In the U.K., its more than double that. Theres ample opportunity and investors are eyeing the place, especially Moscow, home to the largest number of billionaires than any other city.

Russia Cracks Down On Immigrant Home Buyers

RECOMMENDED: Do you know anything about Russia? A quiz. Everything that happened last summer and everything that happens today depends on Putin, Navalny said. All the prosecutors, all the lawyers, all the judges are just extras here. In July, a lower court handed down an embezzlement conviction to the outspoken lawyer who rose to prominence during large-scale street protests against President Vladimir Putin in 2011 and 2012. He was released the next day pending the outcome of his appeal. Some political observers felt jailing Navalny could empower the opposition and make him into a martyr, reports Russias official RIA Novosti news agency. In the interim, Navalny ran in the high profile Moscow mayoral race where he won a solid and some say legitimizing 27 percent of the vote against a Putin-allied incumbent. His campaign touched on widespread corruption under President Putin and anti-migrant sentiments , reports Agence France-Presse. Since the court today did not overturn Mr. Navalnys guilty verdict, he is unable to run for public office until his suspended sentence is fulfilled. He has expressed interest in running for president in 2018. The suspension of the sentence Wednesday suggested a willingness of the Kremlin to accept the trade-off in greater legitimacy for the political system here in exchange for tolerating Mr. Navalnys often stinging criticism of Mr. Putin, reports The New York Times.

Brazil to ask Russia for permission to question Edward Snowden

Snowden was awarded the Sam Adams Award, according to videos released by the organization WikiLeaks. The award ceremony was attended by three previous recipients. (AP Photo)The Associated Press In this image made from video released by WikiLeaks on Friday, Oct. 11, 2013, former National Security Agency systems analyst Edward Snowden speaks during a presentation ceremony for the Sam Adams Award in Moscow, Russia. Snowden was awarded the Sam Adams Award, according to videos released by the organization WikiLeaks. The award ceremony was attended by three previous recipients. (AP Photo)The Associated Press In this image made from video released by WikiLeaks on Friday, Oct. 11, 2013, former National Security Agency systems analyst Edward Snowden smiles during a presentation ceremony for the Sam Adams Award in Moscow, Russia. Snowden was awarded the Sam Adams Award, according to videos released by the organization WikiLeaks. The award ceremony was attended by three previous recipients. Snowden, who is charged by a U.S. court with violating the Espionage Act for disclosing the classified NSA programs, has been granted asylum in Russia. (AP Photo)The Associated Press Next Slide Previous Slide BRASILIA, Brazil Brazil’s Federal Police and a Senate investigative panel said Tuesday they want to question National Security Agency leaker Edward Snowden to learn more about the spying program that targeted Latin America’s biggest country. According to information leaked by Snowden, President Dilma Rousseff’s communications with aides were intercepted, the computer network of state-run oil company Petrobras was hacked and data on billions of emails and telephone calls flowing through Brazil were monitored by the NSA.