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. Last Updated: 07/27/2016

06/11/2009

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Medvedev Threatens to Ax Governors

President Dmitry Medvedev said Wednesday that he would fire governors who failed to cope with unemployment and wage arrears.

Vow to Europe to Offer Sex Ed Angers Parents

Russia has one of the world's highest rates of HIV infection among young people. At the same time, schools are teaching students that sexually transmitted diseases are caused by a ""frivolous lifestyle,"" and textbooks fail to mention the word ""condom.""

Notebook Antitrust Probe Opened

The Federal Anti-Monopoly Service said Wednesday that it had opened a case against six major notebook producers, following consumers’ complaints that they were being forced to buy Microsoft’s Windows operating system along with new computers.

U.S. Treasuries to Be Cut From Reserves

Reuters
Russia on Wednesday pledged to cut the share of U.S. treasuries in its $400 billion reserves, driving the dollar lower on global markets, although it said the move would be gradual and only replace bonds as they expire.

Court Postpones Ruling on Telenor

A Tyumen court said Wednesday that it would postpone an appeal hearing on a $1.7 billion fine against Telenor at the request of the plaintiff, Farimex Products.

Senior Ingush Judge Killed by Gunmen

Combined Reports
Gunmen brazenly shot and killed a top judge as she dropped her children off at school in Ingushetia on Wednesday, officials said.

Chat-Show Host Shines in Story of 'The House'

Everybody knows that a house is not a home. But what happens when a man gets it into his head that a house he has seen is just the place where he wants to relocate his family’s home hearth? That is precisely what we learn in a show called “The House” at the Contemporary Play School.

Pikalyovo 2009

The big story in the little town of Pikalyovo nearly eclipsed the St. Petersburg International Economic Forum.

Finished From the START

Three weeks before the U.S.-Russia summit in Moscow, it appears that the two sides won't be able to agree on vital negotiating positions on a new nuclear arms control agreement to replace the Strategic Arms Reduction Treaty, which expires Dec. 5.

Sunken S-2 Soviet Sub Found in Baltic Sea

Combined Reports
After a decadelong search, a team of Baltic Sea divers has discovered the wreckage of a Soviet submarine that sank with dozens of sailors aboard during World War II, one of the divers said.

Putin Talks of Giving Up Nukes

The Associated Press
Prime Minister Vladimir Putin said Wednesday that Russia was willing to abandon nuclear weapons if the United States and all other countries that have them do the same.

News in Brief

Budanov Cleared of Charges / U.S. Visas for Most Russians / No Planned War in Arctic / Russia to Take Spent Fuel / Brad Pitt Stops Omsk Cars

$71 Urals Pushes Ruble Up Further

Bloomberg
The ruble strengthened for a second day against the dollar on Wednesday after oil, the nation's biggest export earner, traded above $71 a barrel.

Kremlin's Grain Goals Require Hefty Investment

Reuters
The Kremlin's pledge to ease a world food shortage will require investment in port capacity and farming know-how, especially if Russia and its Black Sea neighbors are to usurp the United States as the world's biggest grain supplier.

Miller Says South Stream Will Pump Gas by 2015

Reuters
The South Stream gas pipeline that will transport Russian gas into Europe will have no funding difficulties and will be operative by the end of 2015, Gazprom chief executive Alexei Miller said Wednesday.

Global Oil Reserves Decline

Bloomberg
Global proved oil reserves fell last year, the first drop since 1998, led by declines in Russia, Norway and China, according to BP, the oil firm said in its annual Statistical Review of World Energy on Wednesday.

Sanctions Backed For North Korea

The Associated Press
Seven key nations have agreed on tough new UN sanctions against North Korea for defying the UN Security Council and conducting a second nuclear test, diplomats said Wednesday.

Business in Brief

2nd Anti-Crisis Plan / Firm Offers Bond Exchange / Siemens Misses Goal / IMF to Raise Belarus Loan / RusAl Extends Deadline / For the Record

In the Spotlight

Britain’s “Big Brother” has its first Russian contestant. And who would have thought that it would be a female boxer called Angel McKenzie?
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