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. Last Updated: 07/27/2016

A brief look at the stories making headlines in the Russian-language press


The Cabinet of Prime Minister Yevgeny Primakov is working on a new plan to invigorate the Commonwealth of Independent States integration processes, and the EuroAsia association, headed by Nikolai Ryzhkov, will probably bear most of responsibility for putting the plan into effect. Will Ryzhkov replace Boris Berezovsky? The story features the duties of the EuroAsia association in the context of the government plan.

Today is the deadline on the ultimatum demanding a release of the Interior Ministry representative to Chechnya, Major General Gennady Shpigun. Will Russia respond with airstrikes and an economic blockade, threatened by Interior Minister Sergei Stepashin if the general is not released from Chechen captivity? The story notes that Shpigun had been declared an enemy of the Chechen people several years before his kidnapping. Also covered in Moskovskiye Novosti.

In an interview, former First Deputy Prime Minister Vladimir Potanin, formerly head of Uneximbank and now of Interros, gives his assessment to pre-crisis economic reform and the Aug.17 financial crisis, with the story focusing on his attitude toward state regulation of the economy. He also speaks about his Interros holding, about the prospects for receiving International Monetary Fund credits, and about the fate of several commercial banks.

State Duma Deputy Alexander Shokhin, head of the Inter-Department Economic Security Commission of the Security Council of Russia, was the first to respond to information from President Boris Yeltsin's administration that Yeltsin is prepared to take part in the negotiations with the IMF. In his letter to the president and to Prime Minister Yevgeny Primakov, Shokhin offers his strategy for reaching agreement with Russia's creditors. The economic section of Kommersant Daily offers its commentary on Shokhin's letter to the president, saying to what consequences it may lead in his relations with the government.

In an interview, Samara Governor Konstantin Titov, a coordinator of the emerging regional political bloc, The Voice of Russia, says why this bloc is significant today despite all the negative talk about it.

The Central Bank on Friday completed checking the additional lists of Inkombank Moscow depositors, which in the near future will be handed overto Sberbank. As for the additional lists from SBS-Agro, MOST-Bank, Menatep, Mosbiznesbank and Promstroibank, they have already been sent to Sberbank, which is expected to begin servicing their debts soon.

This story reports on how Moscow has responded to the U.S. Defense Department's recent announcement that the U.S Army will use cartridges with "ecologically safe" bullets for small arms.

The fate of the new Estonian government will largely depend on the party representing the interests of ethnic Russians. The story comments on the final results of the parliamentary elections in Estonia, saying that its Russian-speaking population is pleased with them.

The Moscow Regional Prosecutor's Office has completed its investigation of the criminal case of a particularly dangerous gang of criminals that is accused of committing 12 murders. The gang committed the most terrible one in August 1997. The story describes it in detail.

Unidentified killers made an attempt Friday (the second one) upon the life of Yevgeny Rybin, a manager of the Austrian East Petroleum Handelsgas GmbH company. The gangsters killed his driver and two policemen who were guarding the businessman.

St. Petersburg and Leningrad region police have cut short the activities of the International Innovation Center financial pyramid, with thousands of victims all over Russia.

Plagiarism is flourishing in the Russian Internet - This assertion was made by the Demos company and the Present Advertising Agency in their press release, which cited two examples of Web designer copyright violations.

Krasnoyarsk Governor Alexander Lebed last week acquired an ally - Norilsk Nickel, the richest enterprise in the region and which is controlled by the UNEXIM group. The company promised to pay taxes on time and if need be to help the governor financially.

The Volgotanker Board of Directors (Samara), a leading oil-tanker carrier in European Russia, decided on reorganizing the company. As a result, Volgotanker will lose the most profit-making part of its assets - the oil tanker fleet. The story details the reorganization scheme.

The results of the first two months of the year show that the Russian stock market has occupied second place in the world by share price growth rate. Despite the fact that Russian brokers have predicted the further growth of quotations, now is the best time to sell shares.

This story looks at the current situation on the world precious metals market and at gold, silver and platinum prices.


This story reveals the history of the government's credit agreement (1990-1991) with the Noga company , which is one of the most mysterious and scandalous ventures in Russian business. That credit agreement corrupted many highly placed Russian officials.

Economist Alexander Livshits discusses several reasons why Russia's negotiations with the International Monetary Fund are proceeding with such great difficulty.

What policies will President Boris Yeltsin outline for the government and parliament this year? Political analyst Vyacheslav Kostikov looks at the reasons behind the many difficulties in writing the state of the nation address. (7)

Lawyer Alexander Yakovlev looks at several articles in the Criminal Code that contradict the Civil Code and which prevent investigation into several significant criminal cases.

This story describes a political party that has been registered in a district (Orel) governed by Federation Council Speaker Yegor Stroyev. The party hates all non-Russians.