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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
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Issue 3897 Published: 7 May 2008 Download PDF
Nuclear Deal Reached With U.S.
By Francesca Mereu / Staff Writer Russia and the United States on Tuesday signed a long-awaited agreement on civilian nuclear cooperation that could allow the two countries to expand bilateral nuclear trade.
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50,000 British Fans Coming to Town
By Max Delany / Staff Writer In a bid to make it easy for supporters coming for the Champions League final, Russia is allowing them to use their tickets as visas.
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Placeholder Premier Bids Farewell to His Cabinet
By Anatoly Medetsky and Tai Adelaja / Staff Writers If his terse summing-up of his 237 days in office for television newscasts was anything to go by, Viktor Zubkov presided over his last Cabinet meeting Tuesday as prime minister much as he had his first.
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Fugitive Moose On the Loose
The Moscow Times A moose is on the loose in Moscow, Interfax reported Tuesday. The moose escaped from Losiny Ostrov (or “Moose Island”) national park in eastern Moscow on Monday afternoon and ran across a road before disappearing into streets near Sokolniki park.
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$40M Earmarked for Post-Tank Road Work
By Alexander Osipovich / Staff Writer City Hall has earmarked more than $40 million for road repairs in the wake of Friday’s Victory Day parade, which will feature tanks and missiles for the first time since the collapse of the Soviet Union.
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Canceled March Draws Big Crowd
By Matt Siegel / Staff Writer More than 300 OMON and Interior Ministry troops and hundreds of journalists poured onto Chistoprudny Bulvar on Tuesday evening in anticipation of a protest by the Other Russia opposition coalition -- only to discover that the protest had been called off.
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Limos, Tanks and Bicycles to Bring Traffic to a Crawl
The Moscow Times City drivers are likely in for a frustrating week, as Dmitry Medvedev’s presidential inauguration Wednesday, Friday’s Victory Day celebrations and a major cycling competition will lead to the closure of major thoroughfares.
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Prosecutor Arrested in Appliance Scam Case
By Nabi Abdullaev / Staff Writer A retired senior city prosecutor has been arrested in a multimillion-dollar fraud case that sheds light on the often bitter, opaque rivalries among law enforcement officials.
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Yastrzhembsky To Step Down
Reuters Sergei Yastrzhembsky, President Vladimir Putin's chief adviser on relations with the European Union, will leave the Kremlin and will not be included in the new government, Kommersant reported Tuesday.
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Russia 'Not Ready' for Tough HIV Measures
By David Nowak / The Associated Press Russia is ""not ready"" to adopt measures that could prevent thousands of people from getting infected with the virus that causes AIDS, the country's chief public health officer said.
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Georgians 'Very Close' to War
Combined Reports Georgia is ""very close"" to a war with Russia, a Georgian minister said Tuesday, citing Moscow's decision to send extra troops to the breakaway Georgian region of Abkhazia.
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Study Finds Key to Smarter Children
By Will Dunham / Reuters A new study provides some of the best evidence to date that breast-feeding can make children smarter, an international team of researchers said Monday.
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Myanmar Death Toll Reaches 22,500
By Aung Hla Tun / Reuters Myanmar's military government raised its death toll from Cyclone Nargis on Tuesday to nearly 22,500 with a further 41,000 missing, nearly all of them from a massive storm surge that swept into the Irrawaddy delta.
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EU Sues Italy Over Garbage
The Associated Press The European Union's executive commission began legal action against Italy on Tuesday over the festering garbage collection crisis in Naples.
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