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Create Yourself

The newspaper The Moscow Times is happy to announce the start of a charity program "Create Yourself" to aid children with limited abilities including a website, www.sotvorisebya.ru, and photo album with children's drawings and photos. Every child will receive as a gift the photo album with their own creations.


Testimonials


"The Moscow Times is a shining example of independent press, covering important and critical topics that touch upon the life of our country, society in general and the Russian business world in particular."
-Sergei Litovchenko, Executive Director
The Russian Managers Association

Rambler's Top100

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.

Enlarge your business opportunities this summer - place a job ad at Job Opportunities pages of The Moscow Times until 31 August and get 10 vacancies for free on www.careercenter.ru web site!

Issue 3937
Published: 4 July 2008
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News

Chelsea Owner Escapes Politics
By Nabi Abdullaev and Matt Siegel / Staff Writers President Dmitry Medvedev on Thursday accepted the resignation of Roman Abramovich, the Kremlin's most loyal oligarch, as governor of the far eastern Chukotka autonomous district, a job Abramovich has long made clear that he wanted out of.
Work-Permit Tour Exemplifies Strange Feud
By Miriam Elder / Staff Writer A senior TNK-BP employee and the government's top work-permits official walked triumphantly into the sunshine Thursday, after the Federal Migration Service issued eight permits to the firm's senior staff, including CEO Robert Dudley.
Medvedev Will Make Economic Pitch to G8
By Anna Smolchenko / Staff Writer The Group of Eight summit in Japan next week will be a global coming out party of sorts for Dmitry Medvedev, as the new president is expected to offer his take on global economic problems and their possible solutions.
Not All Regions Created Equal
By Alexander Osipovich / Staff Writer It was once the pride of Soviet telephone technology, producing the bulky phones that graced the desks of countless factory directors and Party officials.
News in Brief
Arrests in Prison DeathsNBP Activist AcquittedChaika to Talk to BastrykinWorkers Vanish With Gold
Popovkin Appointed Space Forces Chief
The Moscow Times President Dmitry Medvedev has signed a decree promoting Space Forces chief Vladimir Popovkin and replacing him with a career officer, a Defense Ministry spokesman said Thursday.
British Dancer Detained in Car Arson
By Alexi Shaw / Special to The Moscow Times Amid a wave of car arsons that hit the city in recent weeks, a British dancer was detained in southwestern Moscow on suspicion of setting fire to a Mercedes, city police said Thursday.
Tax Status Unclear For Foreign NGOs
By Nabi Abdullaev and Nikolaus von Twickel / Staff Writers The government will clarify later this year the tax status of grants from dozens of international organizations excluded from tax exemptions in a recent decree signed by Prime Minister Vladimir Putin, a government spokesman said Thursday.

Business

Medvedev, Miller Look for Azeri Gas
Combined Reports Europe’s bill for Russian gas will rise by one-quarter by the end of 2008 and eventually double, Gazprom chief Alexei Miller said Thursday on a Central Asian energy tour with President Dmitry Medvedev.
Putin Says Sochi Sites Must Move
The Moscow Times Prime Minister Vladimir Putin on Thursday ordered that three sites for planned Olympic venues be moved because of environmental concerns and reprimanded the Sochi games preparations chief for weak assurances that construction would be finished on time.
Power Machines Wins Iraq Deal
By Nadia Popova / Staff Writer Power Machines, the country’s biggest energy machinery producer, announced Thursday that it would build a 26.8-megawatt hydrostation in northern Iraq by July 2010, raising hopes for other Russian firms looking to re-enter the country.
Business in Brief
Deripaska Suit Moves AheadProkhorov's Polyus PostAcron to Sell 10% StakeUkraine Gas Transit RecordCanada Plans Arctic ClaimFor the Record

Opinion

Greatest Investor Risk
By James Beadle Investor sentiment was rather mixed as we entered 2008. Bullish hopes lingered in developed markets, based on the naive assumption that 2007 credit woes would magically evaporate on New Year's Day, and emerging markets danced to the dream of decoupling.
Michele A. Berdy: How to Depict Sour Faces and Sour Smiles
Thinking about the summer drink of kvas immediately makes me think of another traditional Russian summery dish, kisel, fruit jelly. It's no wonder my synapses made the leap.

Editorial

Leaks Damage Politkovskaya Investigation
For almost a year, the Prosecutor General's Office and its Investigative Committee have been competing over who could reveal more sensitive information on the investigation into the murder of journalist Anna Politkovskaya.
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