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. Last Updated: 07/27/2016

08/04/2009

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New Raid Worries Market Vendors

Police said Monday that they had interrupted a major smuggling operation at the Sevastopol market in southern Moscow, raising concerns among foreign merchants that many legitimate import businesses would be caught up in a crackdown on counterfeiting.

Logging Laws Cut Investment

Insiders say new forestry rules have sent investors fleeing, leaving just five of 187 government-approved projects in force.

Mechel Takes Over Failing Steel Factory

Mechel will take over management of Zlatoust steel mill, the Chelyabinsk region said Monday, in a deal many say was driven more by political than economic considerations.

Obstacles Remain to Foreign Share Issues

From its peak in May to its nadir in October, the MICEX Index lost 74 percent of its value, one of the most significant market declines in the world.

Georgia Says Russia Making New Border

The Associated Press
Georgia accused Russia on Monday of trying to take more territory outside the breakaway province of South Ossetia as tensions rose before the first anniversary of their war last summer.

Kokoity Wants Unity With Russia

Reuters
A year after Russia and Georgia fought a war over South Ossetia, the leader of the rebel enclave said he wanted to unite his people with Russia and called on the Kremlin to deploy more troops and weapons.

Dynamo Fight for Place in Europe

Champions League football comes to Moscow, or at least near Moscow, on Wednesday as Glasgow Celtic face Dynamo Moscow at Arena Khimki in the second leg of the third qualifying round of Europe’s top tournament.

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