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. Last Updated: 07/27/2016


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Wrong Way to Fight Against Political Foes

The harassment this week of campaign workers trying to get Mikhail Kasyanov registered for the March 2 presidential election is a clear, a well-coordinated effort designed either to discredit the former prime minister or force him out of the race altogether.

Business in Brief

Vekselberg Seeks PremiumPeugeot Plans Kaluga DealLenenergo Powering ToyotaUES Stands By Sales GoalRZD, North Korea ProjectDevelopment Bank LoansRosneft to Upgrade TuapseLehman Gets Russia LicenseLUKoil Unit Settles SuitForex Reserves at $478BlnFor the Record

SocGen Nabs Trader For Bilking $7.1Bln

The Associated Press
French bank Societe Generale said Thursday that it had uncovered a 4.9 billion euro ($7.1 billion) fraud -- one of biggest in history-- by a single futures trader whose scheme of fictitious transactions was discovered as stock markets began to stumble in recent days.

Palestinians Blast Open Egyptian Border

Israel wants to cut its links with the Hamas-controlled Gaza Strip after militants blasted open the territory's border with Egypt in defiance of an Israeli blockade, Israel's deputy defense minister said Thursday.

Clinton Campaign Pushing Obama as Favorite

The Associated Press
Former President Bill Clinton's comments appear aimed at limiting the damage from a possible loss in South Carolina.

U.S. Border Patrol Has a Long History in the Saddle

Since the 1920s, U.S. mounted agents have chased smugglers and illegal immigrants along the Mexican border.

Prodi Warns Senate of 'Power Vacuum' Risk

Italian Prime Minister Romano Prodi told the Italian Senate on Thursday that if it forces him to resign with an expected no-confidence vote, a “power vacuum” will leave Italy’s economy vulnerable to a global slowdown.

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