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MT news
First Video Added to Moscow Times Web Site
The video, a 3 1/2-minute interview with Rose Gottemoeller, director of the Carnegie Moscow Center, examines the informal summit between Presidents Vladimir Putin and George W. Bush in Sochi on April 6. The video can be found on The Moscow Times' homepage, www.themoscowtimes.com.
Testimonials
"Intel established its presence in Russia in 1992 and since that moment onward we've been reading The Moscow Times as a source of unbiassed information we trust. Over the last years we have had positive experience of information sharing at the conferences held by The Moscow Times team. We appreciate the development of both these sources of valuable information for Intel and the entire business community in Russia."-Steve Chase, President Intel Russia
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Market Matters : Oil Tax Pledge Buoys Markets Markets surged after the swearing-in of Dmitry Medvedev as president in a pomp-filled ceremony Wednesday and a tax-cutting speech by Vladimir Putin the day after, when he was approved as prime minister. Russia Investment Roadshow : Scenes From Last Year's Forum
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Thursday, May 15, 2008
Updated at 15 May 2008 0:17 Moscow Time
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The Moscow Times » Market Matters
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Oil Tax Pledge Buoys Markets
By Catrina Stewart / Staff Writer Markets surged after the swearing-in of Dmitry Medvedev as president in a pomp-filled ceremony Wednesday and a tax-cutting speech by Vladimir Putin the day after, when he was approved as prime minister.
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Markets Drop by 2% As Holidays Approach
By Tai Adelaja / Staff Writer Russian stocks fell by an average of more than 2 percent last week, underlining investors' weariness ahead of the Easter break.
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Oil and Metals Shine as RTS Breaks 2,100
By Catrina Stewart / Staff Writer The RTS, the country's benchmark stock index, breached the 2,100 barrier for the first time this year, as oil and metal stocks pulled away from the field.
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Search for the Bottom Has Markets Sluggish
By Catrina Stewart / Staff Writer It was a strangely personal moment. Finance Minister Alexei Kudrin took time out at a conference on globalization last week to answer some handwritten questions.
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Possible Oil Tax Cut Gives Markets a Lift
By Catrina Stewart / Staff Writer While TNK-BP's troubles may have been grabbing the wrong sort of headlines, last week's key economic news came from Finance Minister Alexei Kudrin, who proposed a $4.2 billion cut in annual oil taxes from next year, an eagerly awaited move that provided an overdue boost for oil stocks.
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Commodity Stocks Lose Golden Luster
By Catrina Stewart / Staff Writer Russian shares lost some of their shine this week as gold led a plunge in commodity prices that beat down metal and oil stocks.
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Global Tailwinds Hit Russia's Stocks
By Catrina Stewart / Staff Writer Oil and gold prices punched through to new highs last week, a rare bright spot for some speculators in what was otherwise another week of shuddering losses in the United States.
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Investors See Power Handover As Real Test
By Catrina Stewart / Staff Writer Russia may have voted in a new president this weekend, but investors have long since moved on from thinking about who will be Vladimir Putin's successor.
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January Closes With An 'Irrational' Selloff
By Catrina Stewart / Staff Writer Russian stock markets bowed out of January with one of their worst months of trading in years, the benchmark RTS suffering its biggest losses since 2000.
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White-Knuckle Ride Tests Bouncing Bear Market
By Tim Wall / Staff Writer In last week's white-knuckle ride for investors, markets plummeted globally and Russia followed suit, testing the bear-market level of 20 percent in losses before bouncing back as traders went shopping for bargains.
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Exchanges Succumb to Global Downturn
By Catrina Stewart / Staff Writer Investors received a nasty shock last week as Russian markets finally succumbed to the downturn on global exchanges, as the RTS posted a five-day slump of 7.7 percent.
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With the Bosses Away, Investors Still Play
By Catrina Stewart / Staff Writer It's a slow start to the year when half the country is still on vacation. Two weeks after the ushering in of a new year, there is still a skeleton staff at many Moscow investment banks. The bosses are away, the traders are silent, and the phones barely ringing.
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Gazprom, State Top Picks for '08
By Catrina Stewart / Staff Writer Every new year starts with a few good resolutions, most of which are soon lying by the wayside.
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Stocks Roaring Despite Jitters
By Tim Wall / Staff Writer After the State Duma elections, Russian markets tick up on the back of a flurry of deals and relief over gas price reform.
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Currency Exchange
USD/RUR - 23.5
EUR/RUR - 37.1
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