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. Last Updated: 07/27/2016

08/26/2009

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Dacha Magazine Sales Soar In Crisis

Media executives looking at business opportunities in Russia this year are dreaming of an unlikely place: the dacha.

Putin Orders Olympics Financing Overhaul

Vedomosti
The state corporation model has made it difficult to oversee expenses for Olympics preparations, government sources say, and Prime Minister Vladimir Putin has proposed returning to the previous financing model — a federal targeted program. Posted 2:52 p.m.

Cop in Rampage Suffers 'Inferiority Complex'

A police officer who killed three and wounded six in a Moscow supermarket in April is sane but suffers from an inferiority complex, investigators said Wednesday. Posted 4:49 p.m.

Judge Frees Wrong Suspect

The Moscow Times
A prominent Moscow judge faces dismissal over suspicion that her negligence helped a suspect charged with fraud flee from custody, a Moscow City Court spokeswoman said. Posted 4:57 p.m.

Gazprom Profit Falls but is Set to Rebound

Reuters
Gazprom saw net profit fall in the first quarter, when it paid more for Central Asian gas and incurred foreign exchange losses, but was tipped to bounce back in the rest of 2009. Posted 3:01 p.m.

Car Loan Programs Boosting Sales

But numbers for the first seven months of 2009 are still way down.

Aksakov In Reversal On Ruble

Reuters
The ruble is likely to strengthen in the medium term because of higher commodity prices, Anatoly Aksakov, a bank lobbyist known for sending the euro down earlier this year, said Tuesday.

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