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. Last Updated: 07/27/2016

09/21/2009

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Putin Links ‘Brave’ U.S. Shift to Trade

Moscow is counting on Washington to remove restrictions on the transfer of high technology to Russia and to assist Russia, Kazakhstan and Belarus in joining the World Trade Organization, Putin said at an economic forum in the Black Sea resort of Sochi.

Kadyrov and His Horses Under Fire in Australia

Senator Bob Brown, leader of the Australian Greens party, said neither Kadyrov nor his horses should be let into Australia because of the Chechen ruler's brutal politics.

Fraudster Mavrodi Gets a Movie Makeover

The story of Sergei Mavrodi's rise and fall, which swindled millions of Russians out of their pensions through the infamous MMM pyramid scheme in the 1990s, is being turned into an action film with a $2.5 million budget.

Skolkovo Students Seek Connections

The state-backed school, organized by Troika Dialog and sponsored by Sberbank, seems to be on track toward attracting future and current entrepreneurs who want that key combination of Russian connections and Western-style business training.

Surging Stocks Put World on Notice

As the markets soar to new highs this year, however, investors are left wondering whether the upswing is a signpost for a turning point in the economy or simply a temporary reprieve.

Court Refuses to Suspend Trial of Dying Yukos Official

Vasily Aleksanyan's lawyer Gevorg Dangyan asked the Simonovsky District Court to suspend the trial, which was supposed to resume Monday, because of his client's incapability to participate in it.

First Russian Dies From Swine Flu

A leading Russian virologist said in a televised interview late Sunday that researchers at his institute had diagnosed the woman with swine flu the day before she died.

Obama Denies Russia Shaped His Decision

Combined Reports
At home and abroad, Obama's decision immediately raised a political question of whether it was done in part to appease Russia and win its help in other areas, mainly in confronting the potential of a nuclear-armed Iran.

Sberbank Plans to Sell Seized Assets in 3 Years

Reuters
Sberbank has already assumed control of oil fields from Urals Energy, several real estate projects and a chain of shops, while collateral on its books includes an airline.

Putin Promises No Capital Controls

Reuters
Russia resisted calls for capital controls, choosing instead to spend $200 billion of reserves in late 2008 and early 2009 on keeping the ruble from weakening too quickly as it adjusted to lower oil prices and the country's first recession in a decade.

Retail Sales See Biggest Annual Slide in Decade

Reuters
Economic data released Monday showed that retail sales in the country fell 9.8 percent in August, their steepest annual decline in 10 years, though on the positive side unemployment fell to an 8-month low.

Timber Duties to Stay Till ’11

Reuters
Russia had planned to raise export duties threefold from 2009 to boost its own timber processing industry but delayed the move until 2010, easing tensions with the European Union.
Prime Minister Vladimir Putin looking at a leopard, a gift from Turkmenistan’s president, at a national park in Sochi on Saturday.

Issue 4236

Prime Minister Vladimir Putin looking at a leopard, a gift from Turkmenistan’s president, at a national park in Sochi on Saturday.

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