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. Last Updated: 07/27/2016

07/19/2006

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Israeli Offensive Could Last Weeks, Officials Say

A cease-fire looks unlikely as Israel continues to bombard Lebanon, killing dozens Tuesday.

Survivors Reeling as Tsunami Death Toll Sees Rapid Increase

The death toll rose swiftly toward 300 on Tuesday after a strong undersea earthquake triggered a tsunami that smashed into fishing villages and resorts on the Indonesian island of Java.

Thousands of Foreigners Flee Lebanese Violence

The United States sent a ferry to Lebanon on Tuesday to begin its first major evacuation of Americans as thousands of foreigners packed bags to flee Israeli airstrikes pounding the country.

Saving the G7 so the G8 Can Get Bigger Still

President Vladimir Putin and pundits who billed the G8 summit as a sign of Russia's return to great power status appear to be the only people who left with smiles on their faces.

Fighters and Freeloaders

Before things can turn a corner in the Middle East, we need the diplomatic equivalent of electric-shock therapy.

Putin Bluffed, and the West Simply Folded

Anyone who has sat around a poker table knows the feeling. You have been dealt a strong hand but the steely-eyed fellow opposite keeps raising the stakes. Eventually, your nerve breaks.

Moscow Will Offer Amnesty to Rebels

Federal Security Service chief Nikolai Patrushev announced Tuesday that the government would offer amnesty to rebel fighters in the North Caucasus in an apparent attempt to thin the ranks of insurgent and terrorist groups in the area following the death of notorious warlord Shamil Basayev.

Yushchenko's Bloc Enters Opposition

Ukraine's new, pro-Russian parliamentary majority stepped closer to power Tuesday after pro-western President Viktor Yushchenko's bloc dropped its challenges, paving the way for an awkward and potentially unfriendly cohabitation.

Airlifted Russians Arrive in Moscow

Alexander Saltanov, deputy foreign minister and the special Middle East envoy, was dispatched to the region Tuesday to help staunch fighting there and evacuate Russians from the danger zone.

London Court Rejects Yukos' IPO Challenge

Meanwhile, in another legal challenge, U.S. shareholders accuse Gazprombank of insider trading on Yukos shares.

Exchanges' New Platforms to Target Growing Firms

The country's two main exchanges, the MICEX and the RTS, will launch junior trading platforms aimed at innovative and fast-growth firms by October, managers from the two bourses said Tuesday.

A Rare Unscripted Moment at the G8 Summit

After days of diplo-speak, reporters hear the impatient Bush, the unguarded Bush, and the small-talking Bush.

News in Brief

Terrorist List to Be Released The government will soon release a complete list of terrorist organizations, Interfax reported. Prime Minister Mikhail Fradkov on Tuesday ordered the publication of a list of all organizations that have been classified as terrorist by Russian courts. Yury Sapunov, head of the Federal Security Service's counter-terrorism division, said the list contained 17 organizations, including Islamic Jihad and Jund Ash Sham. This list is not classified, Sapunov said, but in the past anyone wanting to see it would have to file a request with the Supreme Court, the Prosecutor General's Office or the FSB. (MT) Georgia Demands Pullout TBILISI, Georgia -- Georgia's parliament on Wednesday demanded that Russian peacekeeping forces withdraw from two separatist regions, a move certain to further heighten tension between Moscow and Tbilisi.

Wedding Guest Shoots 2 Guards

A wedding reception in central Moscow turned bloody early Sunday morning when one of the guests shot two security guards at a local casino following an argument over a parking space, leaving one guard dead and the second seriously injured, police said.

St. Pete Firms Count Up Their Losses

While millions of dollars were lavished on world leaders at the Group of Eight summit this weekend, many St. Petersburg businesses were left out of pocket as swathes of the city's infrastructure were closed down.

Luzhkov Tackles City's PR Problem

Mayor Yury Luzkhov is voicing serious concerns about Moscow's international image after a controversial gay rights demonstration, failed Olympics bid and surveys showing the city to be rude and expensive.

NGOs Call G8 Summit an Opportunity Lost

U.S. President George W. Bush met the heads of leading nongovernmental organizations. German Chancellor Angela Merkel singled out NGOs as an issue that worried her. British Prime Minister Tony Blair's wife offered legal aid.

Business in Brief

Imperial, Gazprom Plans LONDON -- Imperial Energy, a British company that explores for oil and gas in Russia and Kazakhstan, signed a cooperation agreement with Gazpromneft for exploration and production in Tomsk region, where they both operate. Imperial chairman and chief executive officer Peter Levine and Gazpromneft vice president Leonid Reznikov signed the memorandum Monday in Moscow, Imperial said Tuesday in a statement. Gazpromneft was known as Sibneft before it was bought by Gazprom. (Bloomberg) More Exports Via Belarus Gazprom raised fuel shipments to Europe via Belarus 7.3 percent in the first half of the year, Interfax reported, citing an unidentified government statistician. Gazprom, which supplies about one-quarter of Europe's gas via Ukraine and Belarus, shipped 23.2 billion cubic meters of the fuel through the Belarussian pipeline network, the news service said. Russian gas deliveries to Belarus increased 5.4 percent to 33.9 billion cubic meters in the period, Interfax said.

2006 Mobile Phone Sales Down by 20%

Mobile phone sales fell by 20 percent to 13.51 million handsets in the first six months of the year compared to the first half of 2005, Yevroset electronics retailer said Tuesday.

Chemezov Says State Set to Take Over Titanium Maker

State arms trader Rosoboronexport will acquire more than a controlling stake in the world's largest titanium-maker in a matter of days, the head of the trader said Tuesday.
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