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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

Junior Klitschko Faces Title Test in Las Vegas

With two world title fights in two weeks, Ukraine's Klitschko brothers start their quest for global domination Saturday night in Las Vegas.

Delyagin Signs Up for Rodina

In a move widely seen as an attempt to bolster Rodina after the ouster of its former co-leader Sergei Glazyev, 35-year-old left-leaning economist Mikhail Delyagin has joined the nationalist party to help outline its economic platform.

4 Human Rights Groups Decry Abuses in Caucasus

Four leading human rights groups on Thursday decried the continuing abduction and killing of civilians in Chechnya and warned that abuses are on the increase in neighboring Ingushetia.

Waffen SS Protest Riles EU

Russia and the European Union are set for a showdown at the UN Human Rights Commission over Moscow's proposal to denounce modern-day glorification of soldiers who served alongside the Nazis -- which the EU says is aimed at Latvia.

Failed Bomber Gets 20 Years

A Moscow court on Thursday sentenced a Chechen woman who was convicted for carrying a bomb that killed a sapper to 20 years in prison, Russian media reported.

RTS Hits New High, Gazprom Shares Soar

The stock market hit at a new record Thursday, its second in three days, as high oil prices and a strong economy spurred investor-buying in local stocks, especially oils.

Business in Brief

Trade Surplus Swells MOSCOW (Reuters) -- Russia's foreign trade surplus rose 3.3 percent to $12.6 billion in the first two months of this year despite a 22.7 percent increase in imports, the State Customs Committee said on Thursday. ""The foreign trade balance was in surplus by $12.6 billion in the January-February period compared with $12.2 billion [in the same period] in 2003,"" it said in a statement. Exports amounted to $21.2 billion, a rise of 10 percent on the same period last year, while imports stood at $8.6 billion, an increase of 22.7 percent, it said. Oil and gas accounted for 56.6 percent of Russia's exports to countries outside the former Soviet Union. Aluminum Soars MOSCOW (Bloomberg) -- Russia increased aluminum exports to countries outside the Commonwealth of Independent States by 72 percent in January and February, the State Customs Committee said Thursday. Russia exported 757,800 tons of aluminum to non-CIS countries, the committee said in a statement. Nickel exports dropped 6.

Fradkov: Business Must Share

Prime Minister Mikhail Fradkov met with representatives of the country's most powerful business lobby for the first time Thursday and called on them to share their riches to fuel economic growth.

Russia 'Frustrated' UN Iraq Sanctions

Russia, France and China blocked enforcement of United Nations sanctions on Iraq, contributing to former dictator Saddam Hussein's alleged theft of money from the UN-administered oil-for-food program, U.S. Ambassador John Negroponte told the U.S. Congress on Wednesday.

U.S. Trial Details Corruption in Kiev

Ukraine's former prime minister took millions of dollars and half ownership of a company in return for aiding that enterprise, a Ukrainian businessman testified in his U.S. money-laundering trial.

Lebedev Trial Date Set

Platon Lebedev, one of the biggest shareholders in Yukos, Russia's largest oil exporter, will be tried on fraud charges at a hearing expected to begin on April 15, the Wall Street Journal reported Thursday.

Cabinet Approves Payroll Tax Cut

The Cabinet on Thursday approved a plan to cut payroll taxes from 35.6 percent to 26 percent and increase taxes on the oil sector by $2 billion to $3.5 billion -- a step aimed at reaching President Vladimir Putin's goal of doubling the economy in less than a decade.

NATO Chief Promotes Friendlier Ties

On his first visit to Moscow as NATO secretary-general, Jaap de Hoop Scheffer sought to dispel anxiety over the Western alliance's eastward expansion two weeks ago into former Soviet space with assurances that the bloc wants to work with Russia, not against it.

FSB Chief Elected President -- of Volleyball

With former FSB chief Vladimir Putin as president, it may come as no surprise that the current head of the Federal Security Service is also considered presidential material.

Rice Says U.S. Wasn't at War With Terrorists Before 9/11

U.S. National Security Adviser Condoleezza Rice told the Sept. 11 commission on Thursday that four U.S. presidents including George W. Bush failed to respond adequately to terror threats, but there was no ""silver bullet"" that could have averted the deadly attacks on the United States.

Converting Threat Into Cooperation

The visit of NATO Secretary-General Jaap de Hoop Scheffer is pure protocol.

MinFin Electioneering

Official federal budget data cast light on the use of a qualitatively new ""political technology"" in President Vladimir Putin's Russia: The ""shock"" financing of politically and socially sensitive budget items in the run-up to elections.

Flames From Lermontov to the Present

Fires in Russian are not limited to bonfires and conflagrations.
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