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. Last Updated: 07/27/2016

09/14/2005

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Press Review

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

Terek Appeals to Putin for Help

A Chechen football club facing relegation from the Russian Premier League has asked President Vladimir Putin for help, saying its survival would boost peace efforts in the volatile Caucasus region.

Why Tymoshenko's Figures Didn't Add Up

This has been a miserable year for the Ukrainian economy. Last year, Ukraine enjoyed economic growth of no less than 12.1 percent, but that declined to 3.7 percent during the first seven months of 2005.

Out to Get Revenge, Not the Truth

President Vladimir Putin received representatives of the Beslan Mothers' Committee on the first anniversary of the tragedy and promised that he would get to the bottom of it.

Business in Brief

Oil Fund at $29Bln Russia's stabilization fund, formed with state revenue from oil sales, has accumulated more than 830 billion rubles ($29.3 billion), Alexei Savatyugin of the Finance Ministry said Tuesday. The fund may rise by another 860 billion rubles next year to reach a total of 2.24 trillion rubles in 2006, Savatyugin said at a Euromoney conference in Moscow. The country's so-called stabilization fund puts aside revenue when the oil price exceeds $27 per barrel and was set up as a safety cushion to help balance the government's budget if the oil price falls. (Bloomberg) Auctions May Yield $5Bln Russia may earn between $1.8 billion and $5 billion selling offshore oil and gas blocks in the next five years, Interfax reported Tuesday, citing Natural Resources Minister Yury Trutnev at a conference in St. Petersburg. The ministry will sell 32 blocks that lie under the Arctic, Barents, Okhota and Pechora seas in 11 auctions, Trutnev said. Russia's 6.

CB Sees Inflation Slowing

Russia is heading for zero inflation in September 2005 and 10 percent for the year as a whole, Deputy Central Bank Chairman Alexei Ulyukayev said on Tuesday.

Gref Gets Wish List From Big Investors

The Foreign Investment Advisory Committee makes its recommendations.

Deputy Takes Aim at Lobbyists

The State Duma must take action to clamp down on the hundreds of lobbyists stalking its corridors, a deputy from the nationalist Rodina faction said Tuesday.

A Year On, Putin Reforms Still Divide

Opposition leaders say scrapping regional elections was unconstitutional, but governors praise the Kremlin's reforms.

Beslan Witnesses Accused of Falsehoods

Deputy Prosecutor General Nikolai Shepel accused Beslan witnesses of falsifying their testimony at the trial of Nurpashi Kulayev, the only known Beslan suspect who survived last year's attack.

Putin Will Speak at U.S. Dedication

President Vladimir Putin is scheduled to speak on Thursday at the dedication of a controversial memorial commemorating the attacks of Sept. 11, 2001, said a spokesman for the city of Bayonne, New Jersey.

180 Ulyanovsk Inmates Go on Hunger Strike

About 180 prison inmates in the Ulyanovsk region have been on a hunger strike since Sunday and are refusing to work, saying they are protesting beatings by prison guards, Interfax reported, citing regional prosecutors.

U.S. Scientist Eager to Fly to Space Station

U.S. scientist Greg Olsen, who will become the world's third paying passenger to catch a ride to the international space station, said Tuesday that he hoped to do some research in optics and medicine while in orbit and had no anxieties about his mission.

Russia Frets Over Czech Munitions to Georgia

Russia on Tuesday expressed alarm over a Czech government decision to transfer ammunition to Georgia, saying it was only the latest instance of NATO states arming the former Soviet republic.

News in Brief

Video International Death Yury Zapol, the co-founder and longtime president of Video International, Russia's largest advertising group which controls up to 80 percent of the country's television ad market, died Tuesday of cancer, news agencies reported. He was 49. Born in Moscow, Zapol began a career in advertising around the time of the Soviet breakup and created Video International with associate Mikhail Lesin in 1992. Lesin later became press minister and now serves as a Kremlin adviser. Zapol went on to become one of the most influential businessmen in advertising. A memorial will be held in Moscow on Friday. (MT) Tallinn Crash Findings TALLINN, Estonia -- A commission charged with investigating the crash of a commercial Estonian helicopter last month that killed all 14 people on board has ruled out engine failure as a possible cause of the crash, a commission official said Tuesday.

Khodorkovsky Appeal May Be Quick

Lawyers for Mikhail Khodorkovsky said his appeal, due to begin in court Wednesday, could be over within days as the Kremlin rushes to thwart the jailed oil tycoon's election bid.

Khrushchev Forever Etched in UN Memory

It should come as little surprise that Soviet leader Nikita Khrushchev, whose flair for the dramatic brought the world to the brink of nuclear war during the 1962 Cuban missile crisis, should have provided the most enduring image in the history of the United Nations.
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