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. Last Updated: 07/27/2016


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Press Review

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

Serena Draws First Blood vs. Myskina

Serena Williams rallied from a set and two service breaks down to beat French Open champion Anastasia Myskina 4-6, 6-3, 6-4 in the WTA Championships on Wednesday.

Reforms Failing to Keep Pace

This week marks the 15th anniversary of the fall of the Berlin Wall -- the symbolic beginning-of-the-end of communism in Central, Eastern and Southern Europe, Russia and Central Asia.

Arafat's Death Offers Historic Opportunity

History's second chances are seldom as good as the first, as many Palestinians now realize.

One Man's Terrorist

It has been said that one man's terrorist is another man's freedom fighter: What you call armed men fighting against a state authority depends on your view of the state in question. This is particularly tricky with Russia, since one era's heroes became villains in the next era. Take, for example, ????????? (mutineers, rebels). When used in reference to men who fought against the tsar, these were good guys during the Soviet era. Now it's not so clear.

Business in Brief

Reserves at $112.8Bln MOSCOW (Bloomberg) -- Foreign currency and gold reserves rose for the 11th straight week to a record $112.8 billion, nearing the country's total hard currency debt. The Central Bank said the reserves rose $5.5 billion in the week ending Nov. 5, the largest jump since July 1998. The country's foreign currency and gold reserves are surging as the Central Bank buys dollars being brought into the country by oil and gas exporters to prevent the ruble from strengthening, which would make imported goods cheaper and hurt domestic producers, the government has said. 11.5% Inflation Rate? MOSCOW (Bloomberg) -- The 2004 annual inflation rate may reach as much as 11.5 percent, said Andrei Illarionov, an economic adviser to Russian President Vladimir Putin. ""So far there are no reasons to expect a slowdown in inflation soon,"" Illarionov said Thursday at a news conference. He forecast this year's inflation to range between 10 percent and 11.5 percent.

News in Brief

Media Violence Bill MOSCOW (AP) -- State Duma deputies are considering a bill that would tighten restrictions on showing violence on television, a measure that critics warned could make everything from boxing matches to news coverage of terrorist attacks illegal. The Duma unanimously passed the bill Wednesday in the first of three required readings that would forbid news programs, documentaries, films and other series from showing details of murders and other violence from 7 a.m. to 10 p.m. Putin's Hopes for Bush MOSCOW (AP) -- President Vladimir Putin, who made no secret of his support for U.S. President George W. Bush during the U.S. presidential campaign, said Thursday that he hopes to strengthen Russian-U.S. relations during Bush's second term.

Kozak Defuses Cherkessk Crisis

Protesters left the Karachayevo-Cherkessia government building early Thursday after overnight negotiations with Kremlin envoy Dmitry Kozak, but tensions continued to simmer over seven slayings linked to the son-in-law of the republic's president, Mustafa Batdyev.

Putin Heads to Ukraine to Meet With Kuchma

President Vladimir Putin will make a two-day visit to Ukraine starting Friday, his second trip to the country during its presidential election campaign.

EU-Russia Summit Set for Nov. 25

President Vladimir Putin will attend a rescheduled summit meeting with the European Union on Nov. 25, the EU announced Thursday.

Moscow Pays Last Respects to Arafat

Dozens of Palestinians, foreign ambassadors and Russian officials visited the Palestinian representation office in central Moscow on Thursday morning to express sympathy over the death of Yasser Arafat and sign a book of condolences.

TNK-BP Billed $84M in Taxes

TNK-BP has been hit with a 2.4 billion ruble ($84 million) back tax claim for 2001, an executive at the company said Thursday, while Interfax cited an unnamed tax official as saying an oil sector-wide probe for 2001 was underway.

Minister Denies Reports of Wrongdoing

IT and Communications Minister Leonid Reiman has denied reports that he received financial gain from a trust fund that until 2003 held the shares of Telekominvest, a major shareholder of No. 3 mobile provider MegaFon.

S&P: No Progress on Disclosure

There has been little or no progress in making companies better-run and more open, while the country's legal and regulatory system often hinders better corporate governance, Standard & Poor's said in a report.

Lukashenko's New Boeing Has Limited Destinations

He may be banned from Western Europe and the United States because of his human rights record, but that does not mean Belarussian President Alexander Lukashenko can't travel in style.

Reports: BasEl Eyeing Power Machines

Billionaire Oleg Deripaska's Basic Element is looking to acquire Interros' 71 percent of Power Machines, should the Federal Anti-Monopoly Service reject a bid by Siemens to increase its stake in the engineering company, media reported Thursday, citing unnamed sources familiar with the situation.

Caribbean Court Hears New Reiman Claims

IT and Telecommunications Minister Leonid Reiman has been the target of allegations in a Caribbean court of abusing his position as a public servant to amass interests in the mobile phone industry.

Sakharov Archive Finds New Home

First they piled up at his daughter's house outside Boston. Then they relocated for a decade to a small university in the nearby suburbs. This fall, they landed at Harvard University.

End of an Era as Yasser Arafat Dies at 75

Yasser Arafat, revered as the champion of Palestinian statehood and reviled as an opportunistic terrorist, died Thursday at the age of 75, sending spasms of grief through the Palestinians but rekindling calls for new peace talks with Israel.

A Soviet Friend Cast Aside by Russia

Palestinian leader Yasser Arafat found a strong ally in a Soviet leadership intent on undermining the West and pleased with his profuse gratitude for its support, but the Soviet collapse and Russia's shifting priorities led to an unbridgeable gulf.
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