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Market Matters: As Conflict Ends, Markets on Road to Recovery
After tumbling to its lowest point in almost two years on Tuesday, Russia's MICEX Index began to slowly claw its way back over the rest of the week, suggesting a possible end to the volatility that has plagued the country's markets since tensions erupted between Russia and Georgia on Aug. 8.
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| Friday, September 05, 2008
Updated at 04 September 2008 23:35 Moscow Time | |
Published: 28 February 2008
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Business
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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. |
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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. |
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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. |
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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 |
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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. |
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Norilsk Targeted in Environmental Suit
By Anastasia Teterevieva, 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."" |
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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. |
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Currency Exchange
USD/RUR - 23.5
EUR/RUR - 37.1
Weather
Hurdles Ahead.
Boosting Population a Vague Science
Armed With Nukes and a Vague Plan
Balancing Growth and Environment
Lots of Work but Too Few Workers
Rich Get Richer as Poor Get Poorer
Most Popular Stories.
2. Alaska's Proximity to Russia Called a Plus
3. Kremlin Makes Its Case With Tskhinvali Tour
4. Turning Russia Into a Terrorist Enclave
5. Medvedev Praises EU Over Sanctions
Archive
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Columnists
When Your Tongue Is the Real Enemy
By Michele A. Berdy
Blame Capitalism, Not Medvedev
By Boris Kagarlitsky
10 Reasons Why the Economy Will Falter
By Anders Aslund
Turning Russia Into a Terrorist Enclave
By Yulia Latynina
How Russia Turns Liberals Into Authoritarians
By Yevgeny Kiselyov
Russia's Bronze Medal In International Affairs
By Konstantin Sonin
Andropov's Ghost Lives On
By Nikolai Petrov
Show Russia the Good Side
By Mark H. Teeter
When a Toast for Peace Works Best in Russian
By Matthew Collin
Nation of Champions Starts in the Courtyard
By Georgy Bovt
Don't Trust Politicians With War
By Alexander Golts
Rethinking the War
By Alexei Pankin
The Age of Solzhenitsyn
By Alexei Bayer
How Pique and Spite Can Destroy Relations
By Vladimir Frolov
Georgian Crisis Is a Trap for U.S. Leadership
By Fyodor Lukyanov
The Missiles of July
By Richard Lourie
Immunity From the Oil Curse
By Martin Gilman
