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. Last Updated: 07/27/2016

07/25/2001

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Aeroflot Looks to Launch Irish Airline

Aeroflot is in negotiations with a group of international investors to set up a new airline in Ireland.

How Expensive Cars End Up Stolen Cars

Owning a truly glorious vehicle in Moscow is a risky business that can end not only with the car being stolen, but with the owner getting severely injured or even killed.

At the Mercy of Liberals, Oligarchs and KGB Men

President Putin said that Russia is moving toward liberalization at a pace unheard of in any other state.

Zelenograd Official Shot Dead

Leonid Oblonsky was shot to death near his home in northwestern Moscow on Tuesday, news reports said.

Adobe Seeks Release of Programmer

The software company behind the arrest of a Russian programmer on copyright charges last week said it would urge the U.S. government to release him.

U.S. Slaps Fresh Charge on Ex-Ukrainian Premier

Former Ukrainian Prime Minister Pavlo Lazarenko was hit with new U.S. charges on Monday.

Rice Meets With Top Officials in Kiev

U.S. National Security Adviser Condoleezza Rice is to meet Ukrainian officials and representatives.

Thunderstorm Batters Moscow, 4 Dead

At least four people died and some 50 were injured as violent winds and rain battered Moscow on Tuesday.

News in Brief

Vershbow Arrives MOSCOW (AP) — The new U.S. ambassador to Russia, Alexander Vershbow, said in an arrival statement released Tuesday that he would work to broaden areas of cooperation, stimulate trade and expand Russia’s cooperation with NATO, where he previously served as ambassador. Vershbow, a career foreign service officer who worked in Moscow 20 years ago, presented his credentials to the Foreign Ministry on Friday, a U.S. Embassy official said. ""I am very excited at the prospect of working together with my Russian counterparts assisting Russia in her historic transition to a full-fledged democracy and member of the European community,"" Vershbow said in the statement. ""I personally hope to broaden the number of areas where the United States and Russia cooperate in our common interest; and I will work to stimulate increased U.S. investment and trade between our two countries.

Ex-Uneximbank Boss to Run Norilsk

Mikhail Prokhorov is general director of Norilsk Nickel's core unit, Mining and Metals Co. Norilsk Nickel.

Food Giant Picks Fight With Pirates

Darya declared war Tuesday on the illegal use of its brand and called on other producers to do the same.

Aeroflot Managers: Safety Regulations Often Abused

Aeroflot pushed Tuesday for tighter safety checks on the nation's hundreds of carriers after Russia's worst crash in years and to halt a post-Soviet slump in standards.

State Pays $82M Lent to Borodin

The Finance Ministry has paid credit drawn by former presidential property manager Pavel Borodin in 1998.

Warship, Feud Halt BP Caspian Project

Azerbaijan alleged Tuesday that an Iranian warship violated its territorial waters in the Caspian Sea.

Business in Brief

Kazakhstan GDP 14% ASTANA, Kazakhstan (Reuters) — Kazakhstan posted gross domestic product growth of 14 percent in the first half of the year in comparison with 10.5 percent growth in the first six months of 2000, Economy Minister Zhaksybek Kulikeyev said Tuesday. The main factors influencing growth were favorable conditions on international markets for Kazakhstan’s exports, especially oil, Kulikeyev said. Another factor was the opening, scheduled for Aug. 6, of a new crude oil pipeline connecting Kazakhstan’s huge Tengiz field with the Russian Black Sea port of Novorossiisk, giving the country its first direct link to global oil markets. Surgut to Invest $3Bln MOSCOW (MT) — No. 3 oil major Surgutneftegaz plans to invest $3 billion in new oil fields over the next few years, Interfax quoted a company spokeswoman as saying Tuesday. Surgut has bought about 300 million tons of oil reserves in various locations over the last two years, company spokeswoman Raisa Khodchenko said.

Omsk Student Takes Gold for Russia

Roman Sloudnov brought Russia its first pool gold of the world swimming championships when he won the men's 100 meters breaststroke title Tuesday.

Russian Pitcher Gets a Shot at the Big Leagues

SEATTLE — At 2 meters, 19-year-old Oleg Korneyev stands out on the mound, especially when his pitches clock in at 146 kilometers per hour. This may be business as usual for most minor league signees. But in Moscow's tiny baseball world, Korneyev has suddenly become a very big deal. If all goes well, he may become the first Russian to make it to the major leagues. Korneyev, a lanky, right-handed pitcher from the Russian national team, signed a contract with the Seattle Mariners on May 20. He is expected to report to their rookie team in Peoria, Arizona, next month. So what if he's starting at the bottom? No one in Moscow seems to care. Especially not Korneyev. ""I'm really happy,"" Korneyev said in a telephone interview from his apartment in Moscow. ""I had given up all hope. An agent came to see me last year, but he never called me back again. I thought my chances at the big time were all over."" Ken Madeja, a Mariners scout, saw a different future for the impressive teenager.

Hotel Rues Prostitute Crackdown

ARDAHAN, Turkey — Former boxer that he is, Ozcan Uygur has no plans to give in, but the end of the sex trade here is just killing him. Five years ago Uygur saw a beautiful investment opportunity, here where Turkey runs up against the former Soviet Union, and started building Ardahan's finest hotel, with a waterfall in the restaurant, pink seashell wall sconces, and hot water at least some of the day. But most of his 200 beds go empty every night, and the lobby is lucky if it can boast a few glum business travelers from Istanbul, quietly watching television. The way he sees it, the police, for some unfathomable reason, have taken it upon themselves to choke off the best business this dusty town could ever hope to see — the once-flourishing trade of ""Natashas,"" the prostitutes who made their way here from Russia or nearby Georgia or one of the other former Soviet republics. But Ozcan's younger brother, Ozkan, has a different take on things.

Russian, U.S. Arms Talks Face Hurdles

In agreeing to hold new talks on nuclear disarmament, Russia and the United States have settled on a possible compromise that was obvious even before U.S. President George W. Bush took office. To bring Russia to the table on missile defense, the United States needed to offer the prospect of deep cuts in the nuclear arsenal that the Kremlin can no longer afford. What is not so obvious is what happens now. Bush's agreement with President Vladimir Putin on Sunday to begin new discussions linking the future of the planned U.S. antimissile program to further disarmament holds the promise of creating a new security framework between the two powers. But the trail from concept to concrete could be a difficult one, complicated by domestic politics on each side. Just hours after Bush and Putin shook hands in Genoa, Italy, the glow of their summit agreement began to fade.

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

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