The Moscow Times

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.

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11th-Hour Gas Deal Offers Transparency
By Miriam Elder / Staff Writer Gazprom and Ukraine averted a gas shut-off Tuesday, reaching a last-minute deal to settle Kiev's debt to the gas giant and agreeing to push controversial intermediary RosUkrEnergo out of their convoluted gas trade.

Georgia Sees an End to Embargo
By David Nowak and Matt Siegel / Special to The Moscow Times A nearly 16-month embargo on travel and trade between Georgia and Russia could end as early as this month, Georgian Foreign Minister Davit Bakradze said.

Corporate Raiders Use Cash, Friends
By Francesca Mereu / Staff Writer When the police came to search his office in central Moscow, Andrei was surprised but calm. He had nothing to hide, after all.

Russia Threatens to Target Missiles at Ukraine
Combined Reports Russia could aim nuclear missiles at Ukraine if it joins NATO and accepts the deployment of anti-missile defense elements on its territory, President Vladimir Putin said Tuesday.

Ingush Authorities Criticized Harshly
The Associated Press Ingush authorities have aggravated a recent surge in violence by using ""lawless"" tactics to fight Islamic militants, the Memorial rights group said Tuesday.

Mayor Gets 7 Years for Corruption
The Associated Press Tolyatti Mayor Nikolai Utkin was sentenced to seven years in prison Tuesday on corruption charges, a news report said late Tuesday.

Medvedev Gives Thumbs Up to Deep Purple
Combined Reports Deep Purple and Tina Turner performed at Gazprom's 15th birthday party in the Kremlin on Monday night, watched by 6,000 people, including company chairman and presidential front-runner Dmitry Medvedev.

Ex-Minister Convicted of Hate Crime
The Moscow Times A Novosibirsk court on Tuesday convicted former Press Minister Boris Mironov of inciting ethnic hatred but released him because the statute of limitations had expired.

Cop Accused of Stealing Boy Statue
By Carl Schreck / Staff Writer In the latest in a series of statue thefts, an Interior Ministry official was detained over the weekend on suspicion of stealing a bronze statue of a boy playing a flute from a Belgian restaurant in southwest Moscow.

Nemtsov Walks Away From His Party
By David Nowak and Natalya Krainova / Staff Writers Union of Right Forces co-founder Boris Nemtsov has ""suspended"" his membership in the party in an apparent attempt to spare party colleagues from possible political reprisals as a result of a report criticizing President Vladimir Putin that he co-authored.

Putin Agrees to Go to NATO Summit
Combined Reports President Vladimir Putin will attend a NATO summit in April, Foreign Minister Sergei Lavrov said Tuesday.

News in Brief
Traffic Cop's Car in CrashMayor Starts Hunger StrikeBomber Buzzes U.S. CarrierLavrov Challenges U.S.4 Killed in Dagestani FightU.S. Fires at Hijacked ShipReporter InvestigatedFor the Record

Japan Criticizes U.S. Presence After Marine Accused of Rape
The Associated Press Japan urged the U.S. military Tuesday to tighten discipline after a U.S. Marine was arrested on suspicion of raping a 14-year-old girl on the southern island of Okinawa.

Australian Troops Sent to Timor
Reuters Australian troops began arriving in East Timor on Tuesday to help enforce a state of emergency after the tiny nation's president was critically wounded in a double assassination attempt and flown to Darwin for treatment.

Canberra to Give Indigenous Apology
The Associated Press Australia was set Wednesday to recognize that past government policies had degraded the country's indigenous people and caused a legacy of deep pain and loss that endures today -- and to offer an official apology.

GM Offers Buyouts to Work Force
The Associated Press General Motors, eager to lower wages and reduce the losses it saw in 2007, said Tuesday it is offering a new round of buyouts to all 74,000 of its U.S. hourly workers who are represented by the United Auto Workers.

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