News Another oligarch flies the nest Ayano Hodouchi and Anna Arutunyan Hemmed in by lawsuits, police raids and creditors, Shalva Chigirinsky could join the growing list of tycoons in high-profile exile

News Tycoon’s fall from grace In ranking the world's rich, Forbes placed Chiriginsky 618th in 2007, with $1.6 billion, and 524th in 2008 with $2.3 billion. In 2009 he was not on the list.

News The week in review 14–20 July Putin hangs out with bikers and bishops, while a Brit lets it all hang out and Medvedev gets a helping hand from Berlusconi after drinking a toast to G8

Business Pepsi opens new factory Ayano Hodouchi Amid some fanfare, PepsiCo opened its largest bottling plant in the world last week in Domodedovo, on the southern outskirts of Moscow.

Business Sex, lies and real estate Tim Wall Dmitry Rybolovlev’s world is turning to potash. First, fertiliser prices plummeted, now his wife wants half his fortune

Business The week in review 14–20 July

Sports Sports shorts 14–20 July

Sports Talk of the tribuny 14–20 July

Sports Vroom with a Kremlin view Andy Potts Smell the burning rubber as Formula One hits the capital’s streets

Business Lower oil price not so slick for stock markets Ed Bentley Russian stocks sank to a three-month low last week as the oil price dropped below $60 a barrel amid bad economic data, pouring cold water over hopes of a swift economic recovery.

Business Signs of a split among leaders Ed Bentley The G8 conference offers few concrete conclusions as Russia pushes for a post-crisis exit strategy while others fret over budget deficits

Local Market crackdown forces exodus Vladimir Kozlov Thousands of migrant workers are likely to be forced out of the country as Moscow authorities favour giving jobs to local workers instead of foreigners

Comment Workers are the real target Tim Wall The crackdown against the Cherkizovsky market in northeast Moscow is another example of heavy-handed tactics towards migrant workers and traders in the city, and raises the prospect of a further rise in racism and ultranationalism.

News Drooling over Putin’s breakfast Anna Arutunyan Breakfast with Prime Minister Vladimir Putin was a bigger deal than talks with President Dmitry Medvedev

Columnists The Importance of Being Vasya Mark H. Teeter Vasily Aksyonov enjoyed his own brand of Extreme English