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. Last Updated: 07/27/2016

12/23/2000

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Putin Kept Russia on Its Toes in 2000

What a difference a year makes — or does it?

Soaring Economy a Pleasant Surprise

2000 looks set to go down in history as the year that the economy finally turned itself around thanks to market reforms which sent most economic indicators into the positive.

All the News Too Weird Not to Print

For some people, the key events of 2000 were Russia’s usual doom-and-gloom fare. For others, there were a hundred news stories that came much closer to capturing the Y2K mood.

Best Wishes For Russia In New Year

As we at The Moscow Times pack up in preparation for our move, we took time to reflect on 2000 and think about what we would wish Russia as it enters the new millennium.

The False Dissident

Russia’s chief crony capitalist, Boris Berezovsky, has refashioned himself as a Soviet-style dissident., declaring himself a defender of democracy, free speech and the free market.

Communists Seek a Place Under Putin

Despite being Russia's oldest and largest party, the Communists cannot find a place in the new society.

Speaking Out on Health, Labor and Chechnya

The tragedy of Chernobyl should not be underestimated, and many problems have to be solved in Belarus to protect the population of contaminated areas.

Governors Face Fight to Finish

Seven regions will choose their governor Sunday in elections that continue some by-now familiar patterns.

Moscow Times Bids Farewell to Printing House

Dec. 22 was The Moscow Times’ last working day in the building best associated with the Soviet-era paper Pravda. From Jan. 3, the Times will occupy a new office in north Moscow.

City Paints the Town Red and Green

Moscow Mayor Yury Luzhkov's plans for the New Year and Orthodox Christmas celebrations promise to rival those of years past, with glitzy outdoor concerts, fireworks and fairs.

News in Brief

Gusinsky Gets BailA Spanish judge on Friday ordered Vladimir Gusinsky freed on $5.5 million bail but placed him under house arrest pending a decision on whether Spain will extradite him to face fraud charges in Russia. Diplomat RehabilitatedRussia officially acknowledged Friday that Swedish diplomat Raoul Wallenberg, who was arrested by the Soviets after helping tens of thousands of Jews escape Nazi-occupied Hungary, was killed by Soviet authorities for political reasons. Tatar Poll in MarchThe Tatarstan parliament decided Friday to hold elections for the republic’s next president on March 25, Interfax reported.Security Pact RatifiedThe State Duma on Friday ratified an agreement with the United States on security guarantees for U.S. satellite launches in Russia. The agreement, signed in January, contains safeguards against U.S. technology being stolen as American satellites are prepared for launch in Russia. Crime Fighter NamedInterior Minister Vladimir Rushailo has named his chief economic crime fighter to run a new national law enforcement powerhouse that will be independent from local authorities.NATO Plans OfficeNATO plans to reopen its information office in Russia that was closed following the alliance’s bombing of Yugoslavia in 1999, a Foreign Ministry spokesman said Friday. Stalin Turns 121Hundreds of Georgians celebrated the 121st anniversary of the birth of Josef Stalin on Thursday in one of the few places where the late Soviet dictator is still openly revered — his hometown.

State Draws Up Way To Float LUKoil Stake

In a race to beat the Duma's state-owned enterprise sales restrictions, the government presented its plan to indirectly float a stake in LUKoil on the New York Stock Exchange.

Analysts Bullish Despite Market Slide

The stock market saw most of this year’s gains erased as the global tech sell-off offset strong national fundamentals but analysts say there could be big gains in 2001.

Kasyanov: Economy Great but Debt Deal Needed

The prime minister says this year will show record post-Soviet economic growth, but that the country won’t be able to pay its debts next year without a restructuring deal.

Debt Market Hottest in the World

Russia's equity market may be plunging, but its debt market is outpacing the world this year.

Yukos Owners Buy Back Shares

Core shareholders of the country’s second biggest oil company, Yukos, have bought 19.7 percent of its shares from Standard Bank London Ltd. for an undisclosed sum, Yukos said.

Business in Brief

$122 World Bank LoanThe World Bank has approved a $122.5 million loan to Russia to improve water supply and waste treatment in medium-sized cities, a spokeswoman for the bank said Friday.$80M EBRD DealsThe European Bank for Reconstruction and Development plans to invest up to $50 million in a new fund that will make equity investments in medium-sized companies in Russia and Ukraine, the bank said in a statement this week. Kiev Debt TalksPresident Vladimir Putin said Friday that Russia and Ukraine may reach a final agreement on some $1.6 billion natural gas debts before the end of the year, Russian media reported.

Venus, Safin Come of Age on Courts

In a two-week show of talent and patience at the 2000 U.S. Open, Marat Safin came of age, beating Pete Sampras in the final and becoming the first Russian to win the event.
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