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. Last Updated: 07/27/2016

05/07/2009

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News Analysis: No Kremlin Policy Shift One Year On

After President Dmitry Medvedev was elected last year, then-President Vladimir Putin made a rather telling promise about his chosen successor.

MICEX Rises Above 1,000
By Ira Iosebashvili / The Moscow TimesSurging oil prices, encouraging stress-test results for Russian banks and a series of positive economic forecasts buoyed investor optimism Thursday and lifted the benchmark MICEX Index past 1,000 for the first time since Oct. 1. Posted 3:31 p.m.

EU Offers Russia's Neighbors Perks for Energy

The Eastern Partnership will kick off with a first meeting in Prague on Thursday.

GAZ to Sell LDV to Malaysian Firm

Oleg Deripaska's GAZ Group said Wednesday that it would sell its British van maker, LDV, to Malaysian company Weststar after the British government stepped in to help finance the transfer.

Azeri Businessman Slain in City Center

In an apparent contract murder, two gunmen shot the businessman dead as he sat in his Mercedes on Ulitsa Pokrovka.

Alfa's Ukrainian Unit Blames Central Bank

Bloomberg
ZAO Alfa-Bank, the Ukrainian lending unit of billionaire Mikhail Fridman's Alfa Group, blamed Central Bank currency restrictions for its failure to make a payment to bondholders.

Aeroflot's Board Backs Payment of Dividend

Combined Reports
The board of Aeroflot has recommended a 2008 dividend but has revised this year's budget to account for falling passenger numbers, the state-controlled company said Wednesday.

Canadian Diplomats Expelled in Spy Feud

The Foreign Ministry announced Wednesday that it is expelling NATO’s top representatives in the country as a tit-for-tat retaliation for the expulsion of two diplomats from its representation at the alliance amid accusations of espionage.

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