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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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| Saturday, July 19, 2008
Updated at 17 July 2008 23:26 Moscow Time | |
Published: 26 March 2008
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News
Latvia Police Say Blood Is Rozhetskin's
By Max Delany / Staff Writer The investigation into the disappearance of Russian-born American businessman Leonid Rozhetskin took a grim turn Tuesday as Latvian police confirmed that blood found at the entrepreneur's villa was his own. |
How Copying a Design Cost a Developer $2.8M
By Tai Adelaja / Staff Writer In a landmark decision for intellectual property rights, the Stockholm International Arbitration Court has ordered developer Capital Group to pay Dutch architect Erick van Egeraat $2.8 million over the unauthorized use of his design for two Moscow skyscrapers. |
'Look-Alike' Leaders Perplex Mubarak
By Anna Smolchenko / Staff Writer Egyptian President Hosni Mubarak said Tuesday that he found it difficult to distinguish President Vladimir Putin from his protege Dmitry Medvedev, eliciting a frown from Putin and chuckles from reporters. |
Foreign Staff Cut by 148 at TNK-BP
By Anatoly Medetsky and Miriam Elder / Staff Writers TNK-BP said Tuesday that all foreign employees assigned to the firm by British energy major BP had been suspended because of newly arisen visa problems, in the latest sign of pressure against the company. |
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Russian Charged With Bringing Illness to U.S.
Combined Reports A Russian citizen with a virulent form of tuberculosis who once was confined to a hospital jail ward for failing to wear a mask in public has been indicted on felony charges in the United States. |
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Media NGO Head Challenges Smuggling Law in High Court
By David Nowak / Staff Writer The lawyer for Manana Aslamazian on Tuesday asked the Constitutional Court to overturn a smuggling law because it failed to specify the amount of cash or valuables that can trigger criminal charges. |
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Medvedev Sits Down With FT
The Associated Press President-elect Dmitry Medvedev sought to court Western leaders and investors in an interview with the Financial Times but would not say whether he would relax the Kremlin's grip on national politics and the media. |
High Temperature Sets New Record
By Anna Malpas / Staff Writer Moscow enjoys a record high of 14.2 degrees Celsius after thick morning fog diverts flights. |
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2 Dead as Monks Clash With Police in West China Protest
The Associated Press A clash between protesters and police in a Tibetan area of western China killed at least two people, state media and a rights group said Tuesday, as the country's top police official called for stepped-up ""patriotic campaigns"" in monasteries to boost support for Beijing. |
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U.S. Ships Nuclear Fuses to Taiwan
Reuters The U.S. military mistakenly shipped four fuses for nuclear missiles to Taiwan in 2006, the Pentagon said on Tuesday, adding that the parts have been returned to U.S. custody. |
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Iraqi Troops Begin Drive Into Basra
By Aref Mohammed / Reuters Iraqi security forces battled the Mahdi Army militia in Basra on Tuesday in a drive to win control of the southern oil city, but violence appeared to be spreading to Baghdad and other cities. |
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African Forces Retake Anjouan Island
Reuters Troops from the Indian Ocean archipelago of Comoros seized the rebel island of Anjouan on Tuesday with African Union military help, and the government said its self-declared leader had fled disguised as a woman. |
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Pakistani Premier Sworn In
Reuters Pakistani President Pervez Musharraf swore in Prime Minister Yousaf Raza Gilani on Tuesday as two senior U.S. officials arrived for talks that included Pakistan's role in the U.S.-led campaign against terrorism. |
Business
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UES Delays Auction Over Foreign Bidder
By Nadia Popova / Staff Writer Unified Energy System said Tuesday that it had delayed an auction for its 25 percent stake in Russian Communal Systems by two months due to interest from a foreign investor. |
Zubkov Calls for More Russian Food
By Catrina Stewart / Staff Writer Prime Minister Viktor Zubkov intensified calls Tuesday for the government to prop up the country's agricultural industry and raise the domestic portion of food products sold to 70 percent by 2012. |
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Kudrin Seeks Lower Taxes for Oil Firms
By Anatoly Medetsky / Staff Writer The Finance Ministry is proposing a cut of $4.2 billion in annual taxes for oil companies from next year, Finance Minister Alexei Kudrin said Tuesday. |
Business in Brief
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Business in Brief
Altimo-Telenor $1Bln SuitEni Eyes Gazprom SwapRBS, RenCap Deal OffVTB Investment BankingPolyus Gold Stakes RaisedFor the Record |
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Why We Should Fear a McCain Presidency
By Anatol Lieven It may seem incredible to say this, given past experience, but a few years from now, Europe and the world could be looking back at the administration of U.S. President George W. Bush with nostalgia. |
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Likbez: Medical Insurance in Russia
By Svetlana Osadchuk At the moment, there are two primary types of medical insurance available in Russia -- the compulsory insurance known as OMC, which is provided by the state, and privately purchased medical insurance, or DMC. |
A Clinic for the Filthy Rich
By Svetlana Osadchuk / Staff Writer Moscow's first clinic for millionaires opened last week just off Rublyovskoe Shosse. |
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12 Arrested in Raid on Purse Snatchers
By Matt Siegel / Staff Writer Twelve suspected members of a sophisticated purse-snatching ring were arrested Tuesday morning in southwestern Moscow in a police operation that turned bloody. |
Ask the Chef
Michel Lauga of France is chef de cuisine at Observatoire restaurant. |
Poetic Beers at Byron
By Nathan Toohey / Staff Writer Cafe Byron has recently taken over where the Taiwanese restaurant Ostrov Formoza once traded. Although the new eatery is purportedly a beer restaurant, the interior is certainly not that of a typical beer hall. |
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Vampires in the Kremlin
By Yulia Latynina Long before we passed the eight-year anniversary of President Boris Yeltsin naming Vladimir Putin as his successor, we began hearing about how Putin saved Russia from disintegration. |
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Russia Is the Best Place to Be During Crisis
By Anders 197slund As the 10th anniversary of Russia's financial crash approaches in August, Russians can take heart from the U.S. financial crisis. ""Have you not learned what you taught us?"" many are asking. |
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News in Brief
Georgia Flights ResumeShchekochikhin RevisitedLitvinenko Inquest SoughtSuspect Held in Girl's DeathStudent Falls to Her Death |
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Hiddink Finally Signs New Russian Contract
Reuters Guus Hiddink signed a new two-year contract Monday to coach Russia until the 2010 World Cup in South Africa. |
MT News
The Moscow Times launched a new, expanded stock markets page.
The Moscow Times launched a new, expanded stock markets page on Monday, March 24. The information includes comprehensive, up-to-date data from RTS and, for the first time, from Russia's other major exchange, MICEX. RTS and MICEX are supplying the data directly to The Moscow Times newspaper. |
The Moscow Times launched a new, expanded stock markets page.
The Moscow Times The Moscow Times launched a new, expanded stock markets page on Monday, March 24. The information includes comprehensive, up-to-date data from RTS and, for the first time, from Russia's other major exchange, MICEX. RTS and MICEX are supplying the data directly to The Moscow Times newspaper. |
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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
Most Popular Stories.
1. Why the Kremlin Is So Scared of Ukraine
2. Putin Gets a Role in Foreign Policy
3. Moscow Hit With Burst of Road Rage
4. Boosting Population a Vague Science
5. Kremlin Fingered in Litvinenko's Murder
2. Putin Gets a Role in Foreign Policy
3. Moscow Hit With Burst of Road Rage
4. Boosting Population a Vague Science
5. Kremlin Fingered in Litvinenko's Murder
Archive
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Columnists
A Duck by Any Other Name
By Michele A. Berdy
The Kremlin's Tibet
By Georgy Bovt
It is the 1990s All Over Again For the Press
By Alexei Pankin
Battling Cold War Cliches
By Alexander Golts
U.S. Decline Gives Moscow a Golden Chance
By Alexei Bayer
Medvedev Passed G8 Test
By Vladimir Frolov
Medvedev Is Neither Tsar Nor Saint
By Boris Kagarlitsky
Progressive Tax System Is Fair And Necessary
By Konstantin Sonin
Abramovich's Chukotka Miracle
By Nikolai Petrov
It'll Take More Than PR to Lift Russia's Image
By Richard Lourie
The Talented Mr. Ripsky
By Mark H. Teeter
Selling Lofty Dreams in Separatist South Ossetia
By Matthew Collin
Lessons About Franco, Football and Freedom
By Yevgeny Kiselyov
Inflation's Sun Spots Stain Economic Successes
By Anders Aslund
From Vancouver to Vladivostok
By Fyodor Lukyanov
Immunity From the Oil Curse
By Martin Gilman
