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Market Matters: RTS Has Toughest Week Since '99
Trading on the dollar-denominated RTS exchange was suspended three times on Friday as anxiety deepened over whether the U.S. House of Representatives would pass a $700 billion financial sector bailout package and share prices on Russian and international markets plummeted.
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| Wednesday, October 08, 2008
Updated at 08 October 2008 1:06 Moscow Time | |
Published: 14 May 2008
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Business
Shipyards to Focus on Energy Vessels
Reuters Prime Minister Vladimir Putin urged his government on Tuesday to give Russia a modern fleet of ships for its flourishing energy sector and named his close ally, Deputy Prime Minister Igor Sechin, to manage the multibillion-dollar project. |
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Judge in BoNY Case Urges Haste
By Simon Shuster / Reuters The judge presiding over Russia’s $22.5 billion lawsuit against the Bank of New York Mellon insisted on Tuesday that the case move toward a quick conclusion after more than a year of procedural delays. |
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Injunction Blocks BP Employees
Reuters BP’s Russian venture TNK-BP said Tuesday that court action by a small Moscow brokerage had stopped it using key specialist staff, the latest problem to hit the company as a struggle rages over its ownership. |
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Railway Workers to Get 12% Pay Raise
Reuters Russian Railways plans to raise wages for its 1.3 million workers by 12 percent from July 1, in a move it says is unconnected with a threatened strike by train drivers. |
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PetroVietnam to Work in Nenets
The Moscow Times Zarubezhneft on Tuesday confirmed plans to join forces with Vietnam's state-owned oil producer, PetroVietnam, in developing Arctic fields in Russia. |
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Business in Brief
Trutnev on Staff ChangesChubais May Leave CIS PostUkraine-Azeri Crude TalksVekselberg Reps at OerlikonSUEK Q1 Output Up 13%For the Record |
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Currency Exchange
USD/RUR - 26.2
EUR/RUR - 35.6
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. Liberals Must Come to Grips With New Russia
3. Lavrov Calls for Pirate Fight
4. Graft-Fighting Lawyer Harassed by Police
5. RTS Has Toughest Week Since '99
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Columnists
Crisis -- What Crisis?
By Yulia Latynina
What Will Happen Next to the U.S. Dollar
By Martin Gilman
A Selective Definition of Democracy
By Alexei Pankin
Medvedev's New Doctrine
By Alexander Golts
Brezhnev Comes to Washington
By Alexei Bayer
Making Strategic Assets Accessible to Investors
By Vladimir Frolov
Nothing to Snivel At
By Michele A. Berdy
Prepare for a Bumpy Ride
By Boris Kagarlitsky
Why Russians Put Stalin at the Top of the List
By Yevgeny Kiselyov
Medvedev's Cure for the Far East
By Nikolai Petrov
Global Economy Rests On American Shoulders
By Konstantin Sonin
U.S. Should Recognize South Ossetia
By Richard Lourie
Russia's Animated Debate
By Mark H. Teeter
Georgia Sees Reminders Of the War Everywhere
By Matthew Collin
Yushchenko Plays the Anti-Russia Card
By Georgy Bovt
A Frightful Wake-Up Call
By Anders Aslund
Walking Carefully From Transdnestr to Yerevan
By Fyodor Lukyanov
