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. Last Updated: 07/27/2016

02/16/2009

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Kudrin Says Ruble Plunge Is Over

Finance Minister Alexei Kudrin offered assurances over the weekend that the plummeting ruble would stay around its current level for now and that no steep devaluation of the currency should be expected.

Crisis Halves Number Of Billionaires to 49

These days, it seems the only thing harder than making a billion dollars in Russia is holding on to it.

Exxon Complains of State Delays

The energy giant says the delays have forced it to call off work on Sakhalin-1.

Medvedev Starts Own 'Fireside Chats'

President Dmitry Medvedev debuted Sunday in what he said would be a series of regular television addresses aimed at discussing the government's work to fight the economic crisis. 

Resurgent Ruble Boosts Oil Shares

The ruble was the savior of the Russian equity market last week as a 4.2 percent weekly gain against the dollar gave a much-needed boost to the country's battered oil stocks.

Police Call for Booze Ban on Flights

Following a series of drunken brawls and hijack attempts by airline passengers, a senior Interior Ministry official on Friday called for a complete ban of alcohol on flights.

Chelsea Posts Loss Of $95M

Combined Reports
Chelsea made a ?65.7 million ($95 million) loss as owner Roman Abramovich converted half his interest-free loans to the London team into equity, the Premier League football club said in a statement Friday.

Remembering a Beloved Patron of Moscow Theater

It is next to impossible to imagine Moscow as we know it without Margarita Eskina.

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