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. Last Updated: 07/27/2016

08/15/2007

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The Rest of the World Matters

Anybody with access to the media has certainly heard of the problems caused by subprime mortgages in the United States, the growing global credit squeeze and troubled hedge funds.

Defending the Defenseless

The Dembsky family of Russia was living illegally in Amiens, France, when police came knocking at their door. The father climbed out a window and escaped unharmed to the street below.

Union Says AvtoVAZ Fired Staff

A number of AvtoVAZ workers involved in a strike on Aug. 1 at the firm's Tolyatti plant are being punished by the company's management, representatives for the independent trade union behind the stoppage said Tuesday.

Severstal Buys 22% of Celtic Resources

Miner and steelmaker Severstal on Tuesday announced the purchase of a 22 percent stake in mining firm Celtic Resources, giving it access to gold assets in Kazakhstan.

Oil Firm Penalty Plan Shelved

The Federal Anti-Monopoly Service said it had dropped plans to punish oil firms for rising gasoline prices after they agreed to cap them as the country enters a politically sensitive pre-election period.

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