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

Medvedev Slammed for Airtime Monopoly
By Nabi Abdullaev / Staff Writer The current presidential election campaign has not differed much from previous ones, as the overwhelming majority of television coverage has gone to the Kremlin's choice candidate, a report from a media monitor to be released Thursday says.

Medvedev Makes Sole Appeal Ahead of Vote
By Vladimir Isachenkov / The Associated Press Dmitry Medvedev pledged Wednesday to maintain President Vladimir Putin’s course and focus on stability as the country counted down the final days to Sunday’s presidential election.

11 Regions Voting Sunday for New Parliaments
By Francesca Mereu / Staff Writer Voters in 11 regions Sunday will cast ballots in local parliamentary elections coinciding with the presidential election. But they won't have many liberal opposition candidates to choose from.

Election Day to Determine Members of 124 Assemblies
By Natalya Krainova / Staff Writer While the presidential election is Sunday's main event, Muscovites will also vote for deputies for legislative assemblies in the city's 124 districts.

Medvedev Name a Problem for Clinton
Reuters U.S. Democratic presidential hopeful Hillary Clinton, who has argued she would be stronger on foreign policy than rival Barack Obama, stumbled over the name of First Deputy Prime Minister Dmitry Medvedev in a debate Tuesday.

Critical Journalist Stopped at Airport
By David Nowak / Staff Writer Natalya Morar, an investigative journalist who reported that the Kremlin maintained secret funds to finance political parties, was refused entry to Russia at Domodedovo Airport on Wednesday after border guards said she was a threat to national security.

Business

Funding Ended for U.S. Trade Group
The Moscow Times The United States has closed down a long-running arm of its international trade program that focused on Russia and the former Soviet Union, after funding dried up.

Georgian Airlines to Repay Debt
Bloomberg Russia and Georgia reached an agreement on the repayment of airline debt by March 10, clearing the way for air traffic to resume almost a year and a half after it was severed.

GM, GAZ Budget Car Deal Nears
Combined Reports General Motors and GAZ, billionaire Oleg Deripaska's carmaker, are close to an agreement on forming a venture to produce budget cars, Vedomosti reported Wednesday, citing unidentified people familiar with the talks.

BHP Invited to Help Norilsk Develop Siberian Coal Field
Bloomberg Norilsk Nickel, the world's largest producer of the metal, said Wednesday that it planned to develop a 5.5-billion-ton Siberian coal field and asked BHP Billion to join the project.

Faberge Fan Explains His Fascination
By John Varoli / Bloomberg Alexander Ivanov has written himself into auction history as the man who spent $17.7 million on an egg.

Norilsk Targeted in Environmental Suit
By Anastasia Teterevieva and Robin Paxton / Reuters Norilsk Nickel was named in a 4.35 billion ruble ($178 million) pollution lawsuit filed by the Natural Resources Ministry's environmental watchdog on Wednesday in its largest-ever claim against a metals company.

Dynamo Plans $100M Stadium Work
The Moscow Times Dynamo Moscow announced Wednesday that the major revamp of its stadium, to be funded partly by the club's new main sponsor, Alisher Usmanov, would cost ""more than $100 million.""

Ukraine, Gazprom Bicker Over Dates
By Anatoly Medetsky / Staff Writer Ukraine said Wednesday it had paid off the debt for last year's gas imports from Russia, but Gazprom warned that the country needed to take care of the growing arrears for this year.

Business in Brief

Business in Brief
Dollar Sinks Against RubleNLMK Bid to Be ApprovedRuukki Sawmill RejectedRenault's AvtoVAZ Buy'Quick' Oil Tax Reform Seen2 New Copper PlantsWBD Merges UnitsFor the Record

Europe's Power to Lead
By Joseph S. Nye At last month's World Economic Forum in Davos, the buzz was about Asia's growing power. One Asian analyst argued that by 2050, there will be three world powers: the United States, China and India.

What to Do: Celebrate Maslenitsa
By Maria Antonova / Staff Writer One day after the presidential elections, Moscow will jump into a weeklong Maslenitsa celebration.

French Food to Die For
By Nathan Toohey / Staff Writer Taking its name from Francois Vatel, a 17th-century French chef who committed suicide over a botched banquet for Louis XIV, Maison Vatel is a bistro-style French restaurant located under an eponymous deli.

Rossia Should Bite the Bullet and Apologize
Rossia television has laid to rest any lingering doubts about whether the level of propaganda on state television has returned to record Cold War highs.

News in Brief
Observers Talking ToughRussia Sends Iran a WarningSecurity Forces Out for VoteKosovo Serbs Call on RussiaFor the Record

Ask the Frequent Flyer
Oleg Bardeyev, managing partner Observatoire restaurant

Mongolian Modern
By Oli Redman / Special to The Moscow Times Ulan Bator offers visitors glimpses of traditional Mongolian life interspersed with gleaming-high rises.

Visa Conflict May Backfire Against Elite
By Georgy Bovt When the Foreign Ministry recently denied an entry visa to Kenneth Roth, executive director of Human Rights Watch, it sparked a flurry of discussion on blogs.

Putin's Legacy

From Battered to 'Island of Stability'
By Catrina Stewart / Staff Writer These are extraordinary times. Less than 10 years ago, Russians were looking bleakly into the future, their savings wiped out and their confidence shattered in their country’s government and banking system.

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