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Market Matters: Struggling Stocks Spur New Record Oil Prices
Oil hit another record of just under $143 as global stocks tumbled last week, with the Dow briefly dipping into bear market territory as investors sought safety in gold, government debt and the Swiss franc.

Enlarge your business opportunities this summer - place a job ad at Job Opportunities pages of The Moscow Times until 31 August and get 10 vacancies for free on www.careercenter.ru web site!



Wednesday, July 09, 2008 Updated at 09 July 2008 0:00 Moscow Time.

The Moscow Times » Issue 3900 » Rules of the Game

The Natural-Resources And Democracy Curse

13 May 2008By Konstantin SoninMay 8, the date Vladimir Putin was appointed prime minister, might go down in history as the end of Russia's latest attempt at democracy. That date might stand alongside other similar milestones in Russia's history -- for example, Oct. 25, 1917, when the Bolsheviks overturned the temporary government that was to rule until elections; or Jan. 6, 1918, when the Bolsheviks dissolved the Constituent Assembly in protest over the results of national elections.

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