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. Last Updated: 07/27/2016

12/12/2007

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Caught in the Crosshairs of the U.S. Dollar

Once again, Russia is in the crosshairs of U.S. policy. Rather that an intentionally Russia-wary position, it results from a 21st-century form of ""benign neglect"" by Washington -- a term last widely used to describe the attitude of U.S. Treasury Secretary John Connally regarding the plight of the dollar in 1971.

Keeping Medvedev on a Short Leash

Keeping Medvedev on a Short Leash Russia's presidential election was held Monday. President Vladimir Putin voted for First Deputy Prime Minister Dmitry Medvedev to become the new president.

Ask the Chef

Matthew Cooper is the new executive chef at Yar.

Finders, Keepers

Where to go in search of lost documents and other belongings.

Treasure Hunt: Christmas and New Year's Trees

Christmas or New Year's tree bazaars are set to open throughout Moscow on Dec. 20. Russian yolki are not expected to cost much more than last year, starting at around 400 rubles a meter.

Wild Rice Can Be Tame

The concept behind Diky Ris certainly looks like a winner. Besides the usual sushi, there's a good range of Chinese; the menu even stretches to include a little Southeast Asian and some original creations.

Gaza Strike Sets Scene For Talks

The Associated Press
Israeli tanks and bulldozers backed by attack aircraft moved into the southern Gaza Strip on Tuesday, killing four militants in the widest operation in the territory since Hamas forces wrested control in June.

Railroad Forges Links Between Koreas

The Associated Press
North and South Korea began regular cargo train service across their heavily armed border Tuesday for the first time in more than a half-century, in another symbolic step toward reconciliation.

47 Dead in Bombing Of Algerian Capital

Reuters
At least 47 people were killed when two car bombs exploded in upscale districts of Algiers on Tuesday, a security source said, in the bloodiest attack since the 1990s on the capital of the OPEC member state.

Cuba Says It Will Sign Rights Agreement, Arrests Protesters

The Associated Press
Cuba said Monday that it would sign an international agreement on civil and political rights while a few blocks away government supporters shoved and shouted down activists calling for improved human rights on the communist island.

Business in Brief

Mechel Net Rises 90%Transneft Seeks 20% HikeOfficer to Head Gazflot50% More Gas TradingHighland Shares Sold36.6 Plans $65M HospitalTrade Surplus Falls 13%Conversbank Into Fast CarsIntel, Comstar WiMax DealImedi TV to Return to AirKazakh Pipe Nearly DoneVimpelCom 3G in UkraineUkraine Power Price HikeUkraine Refinery Goes Light

Costa, Rosinter Plan Coffee Shops

Leading British coffee shop chain Costa Coffee is set to open in Russia early next year, after parent company Whitbread announced that it had signed a joint venture with restaurant group Rosinter on Tuesday.

Putin Plays Down the State's Role

Combined Reports
Russia is not going to build state capitalism with giant, government-controlled corporations holding sway over the economy, President Vladimir Putin told business leaders Tuesday.

Central Bank Hopes to Start Converting Oil Fund Cash

Reuters
The Central Bank hopes to receive the government's approval to start exchanging rubles from the $144 billion oil stabilization fund into foreign currency on the forex market, a official at the bank said Tuesday.

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