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. Last Updated: 07/27/2016

09/02/2009

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Tymoshenko, Putin Reach Gas Deal

Prime Minister Putin told his Ukrainian counterpart Tuesday that Ukraine can continue importing and paying for only as much gas as its struggling economy needs, currently about half of what its contract with Gazprom binds it to buy.

Putin Puts History Aside for Closer Polish Ties

Meeting at a World War II anniversary Tuesday, Prime Minister Putin and his Polish counterpart, Donald Tusk, agreed to move on from their countries' bitter past and focus on developing closer ties.

Clashes Erupt Over Gazprom Skyscraper

About 500 people met at the Hotel Karelia for a final public debate on the $1.9 billion development, which will now be sent to city authorities for approval.

Corrupt Ingush Officials Getting Lax Sentences

Vedomosti
In the first seven months of 2009, 22 criminal cases went to court involving officials ranging from deputy ministers to accountants but there have been no serious sentences.

No Hike in Spending For ’10, Kudrin Says

The declaration comes even after the government revised its socio-economic forecast to be based on oil trading at $57 a barrel, up from an earlier forecast of $54.

Artemyev Sees BRIC Cartel Risk

The Moscow Times
Federal Anti-Monopoly Service chief Igor Artemyev said Tuesday that Brazil, Russia, India and China needed to cooperate more on antitrust matters because their economies are particularly susceptible to the formation of cartels.

Duma Gets Bills Widening Securitization Rules

Vedomosti
But the long-awaited rules come amid diminished investor interest in bundled consumer debt.

Abkhazia Threatens to Destroy Georgian Ships

Reuters
Abkhazia's leader says the move is a response to Georgia commandeering ships entering Abkhaz waters without Georgian permission.

Evraz Posts $999M H1 Loss, Sees Hope

The loss at the country’s second-largest steelmaker was higher than analysts expected and contrasted against its $2 billion profit a year earlier.

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