Issue 4269. Last Updated: 11/08/2009

2009 U.S.-Russia Summit: Obama in Moscow

Complete coverage of the U.S.-Russia summit, being held July 6-8 in Moscow.

Airlines Say Zubkov Decree Favors Transaero

Staff Writers
The government announced on Monday a temporary suspension of import duties on passenger aircraft of 300 seats or more, drawing fire from airlines that say the measure was designed to help just one carrier.

Putin Backs Medvedev as Next President

Staff Writers
President Vladimir Putin backs Dmitry Medvedev, his soft-spoken first deputy prime minister, as the next president.

Investors Breathe a Sigh of Relief

Staff Writers
President Vladimir Putin's endorsement of Dmitry Medvedev as his preferred successor sent markets soaring to new records Monday, as investors welcomed the move as a victory for the Kremlin's liberal-leaning faction.

Medvedev Takes Early Lead on City's Streets

Staff Writers
While a senior Russian Orthodox Church official noted on Monday that First Deputy Prime Minister Dmitry Medvedev was ""as far as one can judge"" an Orthodox Christian, graphic designer Igor Volkov was more than skeptical.

Sistema-Hals Posts Net Loss of $78M

Reuters
Property developer Sistema-Hals on Monday reported a net loss of $77.6 million for the first nine months of 2007, compared with a net profit of $34.3 million in the same period last year.

BasEl, Strabag, DCH to Partner

Bloomberg
Billionaire Oleg Deripaska's Basic Element holding, Austria's Strabag, and Ukraine's DCH Group set up a joint construction venture whose projects will include bridges and roads in Ukraine, Strabag said.

Retail Fuels Investment in the Regions

Bloomberg
Investment in Russian commercial property may rise 20 percent this year as consumption rises on the back of economic growth, fueling demand for shopping malls and warehouses, real estate broker DTZ Holdings said.

Teorema Postpones Its IPO

Reuters
Teorema Holding, the parent company of real estate developer Teorema, said Monday that it had postponed an initial public offering of shares because of poor market conditions.

When Revamping Khrushchyovki Is Best Option

Reuters
Polish hip-hop stars sing about them, Hungarians paint them, Germans show them off in a museum, Russians try to ignore their lack of comfort. Millions still live in communist-designed, prefabricated homes.

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