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. Last Updated: 07/27/2016

02/25/2009

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Khodorkovsky 'Ready to Fight' New Charges

Bloomberg
Former Yukos CEO Mikhail Khodorkovsky is in “strong spirits” and “ready to fight” new theft and money-laundering charges in a trial scheduled to begin next week, a defense lawyer said Wednesday. Posted 4:53 p.m.

Shell Bemoans Uncertainty on Rights

A senior Shell executive says foreign investors would like to receive assurances about access to Russia's riches before exploring for them.

State Firm Suspected of Misusing $834M

The Prosecutor General's Office opened an investigation on Tuesday into the possible misuse of 30 billion rubles ($834 million) in government funds by the Russian Venture Company and took a swipe at the Economic Development Ministry for not doing enough to oversee the use of the funds.

Carrefour Eyes Stake In Sedmoi Kontinent

Combined Reports
French retailer Carrefour is seeking to buy Sedmoi Kontinent in a deal that would make it the first foreign company to enter the Russian retail market since the credit crunch hit local firms.

Russian Passport Handout Stirs Fears

The Associated Press
Retired postal worker Maria Kozyrenko is a new citizen of Russia -- along with 135,000 others in Transdnestr alone.

Mining Giant May Be Hard Sell In Recession

Reuters
Russia's metals elite, with debts in the billions of dollars, will have trouble convincing the state to join them in forming a national mining champion when the government has to plug holes in a budget deficit.

Medvedev Orders Crackdown on Extremism

Reuters
President Dmitry Medvedev on Wednesday ordered a crackdown on extremist groups trying to exploit the economic crisis by sowing unrest. Posted 4:45 p.m.

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