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.

News

Luzhkov Has a Lot Riding on Vote
By Francesca Mereu / Staff Writer Billboards around the city show Mayor Yury Luzhkov urging Moscow residents to vote on March 2. But what they will be voting for is not a continuation of President Vladimir Putin's course but of Luzhkov's course.

Adamov Sentenced To 5 1/2 Years
By David Nowak / Staff Writer Zamoskvoretsky District Court sentenced former Nuclear Power Minister Yevgeny Adamov to 5 1/2 years in prison Wednesday, one day after it found him guilty of abuse of office and defrauding Russia and the United States out of millions of dollars.

Human Rights Watch's Director Denied a Visa
By Nabi Abdullaev / Staff Writer The head of international rights group Human Rights Watch has been denied a Russian visa, scuttling his plans to present a report accusing authorities of shackling nongovernmental organizations with burdensome regulations.

As Tymoshenko Arrives Subject of Gas Vanishes
By Miriam Elder / Staff Writer Ukrainian Prime Minister Yulia Tymoshenko met President Vladimir Putin and Prime Minister Viktor Zubkov late Wednesday, lending her name to a recently concluded gas deal that both countries are touting as a revolutionary step in their notoriously murky trade relations.

Thousands Protest Armenian Result
By Maria Danilova / The Associated Press Thousands of opposition supporters streamed to a protest in Armenia's capital Wednesday after election officials said complete results showed that Prime Minister Serzh Sargsyan won the presidential election.

Journalist In Trouble For Piece On Putin
By Svetlana Osadchuk / Staff Writer A Perm journalist has been questioned by local prosecutors and may face criminal charges after he penned an article identifying what he characterized as positive similarities between President Vladimir Putin and Adolf Hitler.

Lavrov Has Harsh Words for New EU Mission to Kosovo
The Associated Press The Foreign Ministry on Wednesday sharply criticized the European Union's decision to send a police and judiciary mission to Kosovo following the territory's declaration of independence from Serbia.

Theft of 2 Geese and a Horse Leads to 5 Years on the Lam
By Natalya Krainova / Staff Writer A resident of the Saratov region who spent almost five years on a federal wanted list for stealing two geese, has been sentenced to eight months in a labor camp and a 1,000 ruble fine, regional prosecutors said Wednesday.

2 Minority Members Killed in Separate Attacks
The Moscow Times Two men, one Kyrgyz and the other Azeri, were stabbed to death Tuesday, bringing the number of fatal attacks on dark-skinned people in the city in the past week to six.

Letov, Foul-Mouthed Rock Legend, Dead at 43
By Alexander Osipovich / Staff Writer Punk rock icon Yegor Letov, who was once committed to a mental hospital by Soviet authorities angered by his profane and fiercely anti-Communist lyrics, has died of heart failure at age 43.

Business

Interros Considers Offer by Usmanov
By Catrina Stewart / Staff Writer Vladimir Potanin's Interros, a key shareholder in Norilsk Nickel, said Wednesday that it was considering a possible ""white knight"" bid to merge its metals assets with those of Alisher Usmanov's Gazmetall, as Norilsk Nickel struggles to fend off a merger with RusAl on unfavorable terms.

Putin Pledges $1Bln Aviation Center
Combined Reports President Vladimir Putin and his likely successor, Dmitry Medvedev visited the country's main flight test center Wednesday and unveiled a plan to help revive the aircraft industry, which fell on hard times after the 1991 Soviet collapse.

Mitvol's Boss Seeks His Ouster
By Miriam Elder / Staff Writer Oleg Mitvol, the environmental official who has aggressively targeted foreign oil companies, was struggling to hold on to his job Wednesday after his new boss moved to have him fired.

Fortum, TGK-1 Sign Emissions Deal
By Sakari Suoninen and Simon Shuster / Reuters Finnish utility Fortum has signed a pioneering deal to buy more than 5 million carbon dioxide emissions credits from electricity producer TGK-1, Fortum said Wednesday.

Baltika Says Sales in '07 Rose 30%
By Tai Adelaja / Staff Writer Baltika Breweries, the country's No. 1 beer maker, said Wednesday that sales increased 30 percent in 2007, boosted by higher income and changing patterns of consumption.

Interior Ministry Checks News Outdoor Offices
The Associated Press Interior Ministry officials inspected the Moscow headquarters of News Outdoor, an advertising firm owned by Rupert Murdoch's News Corp., the company said Wednesday.

Teacher in Piracy Case Starts Campaign for Free Software
By Christian Lowe / Reuters A village schoolteacher who became a popular hero after he was put on trial for using pirated Microsoft programs has launched a campaign against what he calls the software giant's global domination.

Rapidly Rising Prices
By In Ukraine Test Premier By Sabina Zawadzki / Reuters The government is trying to combat inflation and meet its campaign promises.

Always a Dissident

WTO Victory Could Backfire for Ukraine
By Boris Kagarlitsky Although Ukraine is joining the World Trade Organization, Russia has not yet been accepted. In the ongoing competition between the two countries, Kiev has won the latest round.

Business in Brief
2 New Economy Ministers3rd Country in Iran Venture$1.8Bln for Greek HotelsTNK-BP's Ryazan RefineryPolyus Gets 5 New LicensesSt. Pete-Helsinki Rail LinkSakha Gas Fraud CaseFor the Record

What to Do: Drool at the Royal Table
By Maria Antonova If you haven't been to the Tsaritsyno park since its remodeling, the upcoming long weekend offers plenty of time to stroll the pathways, feed the ducks and visit some of the exhibits.

Cocktails and Totems
By Nathan Toohey / Staff Writer A tropical island in the heart of Moscow -- that's the idea behind the newly opened Tiki Bar. And given that its creators are the same group behind such hugely popular cocktail bars as Help, Tema and Booze Bub, it is well-placed to succeed.

Police Chief in Blind State of Denial
Six dark-skinned people have been stabbed to death in Moscow in less than a week. In each case, the victims were male and targeted by young people who did not rob them -- attacks that bear the hallmarks of skinhead violence.

News in Brief
End to Capital Punishment?Moscow Olympic DecisionJournalists Face EvictionJump in New HIV CasesBriton Jailed for Urinating

What to Do: Australia in Photos
By James Marson Been to Australia recently? Got some great digital snaps filed away somewhere on your computer? Then hunt out the best ones and submit them to the Australian Embassy's amateur digital photography competition: AUSTRALIA. The Land Down Under.

A Place Where Lenin Still Lives
By James Marson / Staff Writer The museums of Gorki Leninskiye provide interesting insights into the cult of personality that developed around Lenin.

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