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. Last Updated: 07/27/2016


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Ted Turner Strikes a Deal for NTV

CNN founder Ted Turner announced Wednesday that he has struck a deal with Vladimir Gusinsky to buy stakes in several of his Media-MOST companies.

Journalists Hunker Down at Ostankino

NTV replaced most of its regular programs Wednesday with round-the-clock broadcasts from its offices — manned throughout the night — to protest the takeover by Gazprom.

The U.S. Banker Who Would Be Kiselyov

Who's Boris Jordan? Prominent politicians and business leaders all gave their opinions Wednesday, a day after he was appointed general director of NTV television.

It's Not Too Late to Save NTV

Russia again stands at a crossroads, forced to choose between the values of Madison and those of Lenin.

World Should Pressure Russia on Mass Grave

Human Rights Watch wants an international commission to investigate the discovery of more than 50 bodies in a village close to the main Russian military base in Chechnya.

Must Realism Be Arrogant?

The Cabinet reshuffle has generated some hope that meaningful military reform will get going at last. But this hope of reform is unlikely to improve U.S.-Russian relations.

'Kremlin and Foreigners, Hands Off Our NTV'

The Moscow Times hit the streets Wednesday to find out what Muscovites thought about the goings-on at NTV. Here's what a few of them had to say.

Unity Picks Dark Horse to Lead

The main pro-Kremlin faction in the Duma elected another dark horse as its leader Wednesday to fill the shoes of Boris Gryzlov, who was appointed interior minister last week.

42% of Moscow Watched 'Itogi'

More than 40 percent of Muscovites watching television Tuesday evening were tuned in to the special ""Itogi,"" according to Gallup Media.

Fire Razes Chemical Warehouse

Firefighters backed by two helicopters battled a blaze Wednesday in a warehouse in northern Moscow and sent aerosol cans stored there soaring into the air and exploding.

Chechen Civilians Killed in Firefight

A firefight between federal troops and rebels in eastern Chechnya left several civilians dead in the crossfire, an official said Wednesday.

Gagarin Legacy Is Pride, Mystery

In 108 minutes on April 12, 1961, a 27-year-old Yury Gagarin made man's first orbit of the Earth, and the world shook when it heard of his feat.

NASA Marks 20th Anniversary of Space Shuttle

A computer glitch 20 years ago ended up uniting the American and Russian space programs forever — if not in orbit, at least on the calendar.

News in Brief

Kursk Nuclear Arms?The submarine Kursk had nuclear weapons aboard when it sank in Arctic waters last August despite Moscow's assurances it was only carrying conventional arms, the Norwegian independent station TV2 said Wednesday. Sri Lanka Crime PactSri Lanka and Russia pledged on Wednesday to help each other fight international crime, including drug trafficking, illegal immigration and financial offenses. Algerian AccordMoving to repair their countries' frayed, Soviet-era ties, President Vladimir Putin and Algerian President Abdelaziz Bouteflika signed a pact Wednesday providing for Moscow to aid Algiers in modernizing Soviet-built industrial plants and boost political and military cooperation. Mubarak Plans VisitEgyptian President Hosni Mubarak is planning to visit Russia at the end of April to discuss Middle East tensions with President Vladimir Putin, Foreign Ministry sources said Wednesday. Kuchma Blasts GuardIn an interview released Wednesday, President Leonid Kuchma said the former bodyguard whose alleged bugging of the presidential office is at the heart of a political crisis was a mere pawn in an operation staged by others. Solana on SecurityThe European Union's security and foreign policy coordinator, Javier Solana, traveled to Moscow on Wednesday for talks on preparing a Russia-EU summit and Russia's participation in European security projects.

Gref Asks for Clarity on U.S. Policy

Economic Development and Trade Minister German Gref has called on the Bush administration to clarify its policies toward Russia.

Ruhrgas Rejects Gazprom Share Talk

German gas major Ruhrgas plans to keep its stake in Gazprom unchanged, a company representative said Wednesday after reports that it may increase its stake to 10 percent.

Russia Gets $150M In World Bank Loan

Russia does not need World Bank money to support structural economic reforms, but will get $150 million for restructuring the coal sector, a World Bank official said Wednesday.

Dzhabrailov Wants to Make OVK No. 1

A day after being appointed board chairman of Pervoye OVK, Umar Dzhabrailov unveiled on Wednesday ambitious plans to build the No. 102 bank into a rival to No. 1 Sberbank.

Business in Brief

Aluminum MergerThe Anti-Monopoly Ministry said Wednesday it had approved the merger of assets to create the country's largest aluminum group, Russian Aluminum. Surgetneftegaz PayoutOil major Surgutneftegaz's board agreed a record dividend payout Wednesday as shareholders believing they deserve a bigger payout from profits prepared to challenge the company in court. Nigeria Buys 9 CoptersThe Nigerian air force said Wednesday it had received a delivery of nine Russian-made helicopter gunships. Spain Talks DebtsSpain is ready to consider Moscow's plan to convert some of its $42 billion debt to the Paris Club of creditor nations into investment in Russia, Deputy Prime Minister Rodrigo de Rato y Figaredo said Wednesday. Ukraine Sells StakeThe Ukrainian government approved Wednesday the sale of its 51 percent stake in the country's largest mobile phone operator, Ukrainian Mobile Communications, Economics Minister Vasyl Rohovy said.Illarionov Talks ForexAndrei Illarionov, economic adviser to the president, said Tuesday the mandatory sale of an exporter's currency proceeds should be reduced or canceled altogether.
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