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. Last Updated: 07/27/2016

10/05/2009

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Chubais Blamed for Dam Disaster

The report, released Saturday by the industrial safety watchdog after a monthlong delay, says Chubais was among the six officials "conductive to the disaster" at the Sayano-Shushenskaya hydropower station on Aug. 17.

Luzhkov Sues Nemtsov Over Inteko Claims

The Moscow mayor is suing opposition politician Boris Nemtsov for claiming that the success of Luzhkov's wife's development company Inteko was directly linked to her marriage to Luzhkov.

Former Izvestia Editor Dead at 74

Known for his liberal views, Igor Golembiovsky returned to Moscow during the perestroika years and was widely credited with turning the newspaper into one of Russia’s most respected news outlets in the tumultuous 1990s.

October Puts Brakes on Rally

Market watchers, however, said a sell-off this month could present a perfect jumping-off point for investors looking to capitalize on the MICEX, the world’s best-performing equity market.

Putin Tells Renault to Invest in AvtoVAZ

Putin said the government had protected Renault's interest in the company this summer, when it gave AvtoVAZ 25 billion rubles ($829 million) in financing.

Alfa, Telenor End Legal Battle, Plan Asset Merger

The companies will have until the middle of next year to create a new venture, a Dutch-registered VimpelCom Ltd., which will incorporate their stakes in VimpelCom and Kyivstar.

Putin Pledges More Aid to AvtoVAZ

Reuters
The prime minister did not say how much more money the government would commit in addition to the 25 billion rubles ($830 million) already disbursed.

Ingush President Sacks Cabinet

Reuters
Ingush leader Yunus-Bek Yevkurov fired his Cabinet "for its unsatisfactory work in resolving social and economic problems of the republic," a presidential spokesman told Reuters by telephone.

Gazprom May Resume Turkmen Gas Import

Reuters
Supplies from Turkmenistan, Gazprom's main source of natural gas in Central Asia, were suspended in April after an explosion at the pipeline, which connects Russia and the former Soviet satellite.

Monthly Oil Output Exceeds 10 Million BPD

Reuters
Russia has emerged as the undisputed leader in world oil production this year after OPEC agreed to cut supply by 4.2 million bpd from September 2008 in a bid to prop up falling oil prices.

RusAl Plans to Use Hong Kong IPO to Pay Debts

Reuters
The total debt of RusAl, the world's top aluminum producer, is estimated at $16.8 billion, and the company is in talks with banks on restructuring.

Opel’s Van Factory May Move to Russia

Combined Reports
A trade union says Magna could transfer the production of Vauxhall vans from a British plant to GAZ Group.

Tymoshenko Refuses Gas Price Hike Despite IMF Pledge

Reuters
Tymoshenko's government had promised to raise household gas prices on Sept. 1 and utility prices on Oct. 1, both by 20 percent as per an IMF bailout package and an EU-brokered gas infrastructure loan.
Demonstrators rallying Sunday on a Moscow street with portraits of people killed during bloody clashes between federal forces and armed leftist hard-liners holed up in the White House, which was then the headquarters of the parliament, on Oct. 3 and 4, 1993. A total of 123 people were killed in the clashes.

Issue 4246

Demonstrators rallying Sunday on a Moscow street with portraits of people killed during bloody clashes between federal forces and armed leftist hard-liners holed up in the White House, which was then the headquarters of the parliament, on Oct. 3 and 4, 1993. A total of 123 people were killed in the clashes.

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