The Moscow Times

Business: RenCap Cuts RTS '08 Target to 2,350
Renaissance Capital on Monday slashed its year-end forecast for the benchmark RTS Index from 3,000 to 2,350 and increased its equity risk premium for the country from 4 percent to 5.5 percent in a sign of continued investor jitters.

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Georgia Flights ResumeShchekochikhin RevisitedLitvinenko Inquest SoughtSuspect Held in Girl's DeathStudent Falls to Her Death

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, 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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