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. Last Updated: 07/27/2016

Looking Back … Nov. 14 to Nov. 20

  • Tycoon Boris Berezovsky said Tuesday he would not return to Moscow from London to be questioned by prosecutors over the alleged diversion of nearly $1 billion from Aeroflot. He condemned the investigation as political. A warrant was later issued for his arrest.

  • Berezovsky rival Vladimir Gusinsky was also under scrutiny by law enforcement authorities last week after failing to return from abroad for interrogation. A settlement between his Media-MOST holding and Gazprom-Media was reached Friday. The same day, the Prosecutor General’s Office revived its investigation of the Russkoye Video case, in which Gusinsky was briefly jailed in June.

  • As part of preparations for the merging of the Russian and Belarussian economies, Prime Minister Mikhail Kasyanov announced Tuesday that Moscow would loan Minsk $100 million to support the wobbly Belarussian ruble.

  • Relations were frostier with Russia’s southern neighbor Ukraine, where residents faced the loss of winter heating as gas firm Itera threatened to cut off supplies if it did not receive payment. Ukrainian President Leonid Kuchma eventually intervened to ensure supplies. Ukrainian Prime Minister Viktor Yushchenko was in Moscow late last week to discuss Kiev’s gas debts amid accusations that gas intended for Western Europe was being siphoned off in Ukraine.

  • The feud over frequencies that erupted in mid-September after the Communications Ministry said it was taking back some frequencies from Moscow mobile operators Mobile TeleSystems and Vimpelcom ended. Both companies received ministry letters confirming their rights to the frequencies.

  • National power grid Unified Energy Systems on Thursday decided to begin restructuring even though the Kremlin is to rule next month on what direction the power sector should take. The UES board decided to set up a subsidiary holding company in the Volga River valley to manage local power companies, to establish a wholesale supplier and to buy a luxurious office building in Moscow.