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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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| Saturday, August 30, 2008
Updated at 29 August 2008 0:13 Moscow Time | |
Published: 11 July 2008
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News
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NGOs Caught In Visa Limbo
By Nikolaus von Twickel / Staff Writer At a recent conference, international relations analysts discussed the likelihood of the United States going to war with Iran. |
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British Diplomat Labeled Spy
The Moscow Times A source within Russia’s state security services accused a British diplomat Thursday of spying before chastising British officials for making what he called “provocative statements” ahead of last week’s G8 summit meeting between British Prime Minister Gordon Brown and President Dmitry Medvedev. |
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Tambov Mayor Faces Abduction Trial
The Moscow Times Investigators have wrapped up the case against former Tambov Mayor Maxim Kosenkov, who was arrested on kidnapping charges while in Moscow to attend the annual United Russia party congress, Interfax reported Thursday. |
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Police Accused of Beating 5 Young Men for 5 Hours
By Yelena Shuster / Special to The Moscow Times Investigators have opened a criminal case into a group of police officers accused of brutally beating five young men for five hours at a Moscow police station in April, two officials said Thursday. |
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Records Tie Bastrykin to Czech Firm
By Nabi Abdullaev / Staff Writer Information indicating that Investigative Committee head Alexander Bastrykin owns a business in the Czech Republic — putting him in violation of Russian law — is readily accessible on the Czech Justice Ministry’s web site. |
Georgia Recalls Moscow Ambassador
Reuters Georgia recalled its ambassador from Moscow on Thursday after Russia said it had sent its fighter jets into its neighbor’s airspace to prevent Georgian troops from attacking a separatist region. |
Business
Prokhorov Proposed as Norilsk Chief
By Nadia Popova / Staff Writer The main labor union at Norilsk Nickel has asked the company’s board to reappoint billionaire Mikhail Prokhorov as its chief executive. |
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Miller Held Talks on Libyan Pipe To Europe
By Alex Lawler / Reuters Gazprom chief executive Alexei Miller and Libya’s top oil official discussed the construction of a pipeline across the Mediterranean to pump Libyan gas to Europe. |
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TNK-BP Sides To Meet, May Discuss CEO
By COMBINED REPORTS / Combined Reports BP may clash again with Russian billionaires in an effort to keep TNK-BP chief executive Robert Dudley in the post, even as one investor said Thursday that compromise was possible. |
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Serbia to Renegotiate NIS Price
The Moscow Times Serbia's new government backed the sale of 51 percent of state-controlled Naftna Industrija Srbije, the country's largest oil and gas firm, to Gazprom, but formed a committee to renegotiate the price, a Belgrade newspaper reported Thursday. |
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Chavez Visit to Focus on Arms Purchases
Bloomberg Venezuelan President Hugo Chavez will visit Russia this month to discuss purchasing tanks and other military equipment, which he says is needed to stave off the threat of a U.S. attack. |
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Gazprom Registers Purchase Of TGK-1 Stake, After Delay
Reuters Gazprom has registered a 28.69 percent stake in power producer TGK-1, Gazprom said in a statement Thursday. |
X5 Posts 60% Increase in Q2 Revenue
By John Wendle / Staff Writer X5, the country's largest supermarket group, on Thursday reported 60 percent year-on-year revenue growth to $1.97 million for the second quarter. |
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Business in Brief
Wal-Mart, Carrefour Bids?Taiwan Investors in TomskAeroflot Gets Superjet DelayNLMK to Get $1.6Bln LoanUAC Boosts Irkut StakeStrategic Sectors BodyFor the Record |
Opinion
Fluff or Substance at the G8 Summit
By Vladimir Ryzhkov, Mikhail Margelov / If there were any hopes that the Group of Eight summit this week in Hokkaido would produce substantive results, they were dashed by the time the talks concluded on Wednesday. |
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Michele A. Berdy: Approve That!
Bèçà (visa) is an odd thing. It's just a piece of paper, or a stamp, or a scribbled notation. But without it, a person can't get from one place to another. |
Hurdles Ahead
Boosting Population a Vague Science
By Nabi Abdullaev / Staff Writer The fact that Russia's population is shrinking should come as a surprise to no one. According to the State Statistics Service, 12 million more Russians died than were born from 1992 to 2007, with the arrival of 5.5 million immigrants only partially compensating for the loss. |
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Tbilisi, Moscow and West Jockey for Position
By Simon Saradzhyan / Staff Writer The Georgian government and its Western allies have reacted to the ongoing escalation of tensions in South Ossetia and Abkhazia by pushing harder for changes to the peacekeeping and conflict-resolution arrangements there. |
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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
Balancing Growth and Environment
Lots of Work but Too Few Workers
Rich Get Richer as Poor Get Poorer
Most Popular Stories.
2. Conflict Exposes Obsolete Hardware
3. Medvedev Backs Independence Bids
4. Russia Expands Into Georgia Proper
5. Georgia Caused This War
Archive
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Columnists
One Way to Live Happily Ever After
By Michele A. Berdy
Nation of Champions Starts in the Courtyard
By Georgy Bovt
Leonid Kuchma Built a Prosperous Ukraine
By Anders Aslund
Don't Trust Politicians With War
By Alexander Golts
Rethinking the War
By Alexei Pankin
The Age of Solzhenitsyn
By Alexei Bayer
How Pique and Spite Can Destroy Relations
By Vladimir Frolov
Russia's Upside in the Georgia Conflict
By Boris Kagarlitsky
Georgian Crisis Is a Trap for U.S. Leadership
By Fyodor Lukyanov
Looking Into Saakashvili's Caucasus Soul
By Yulia Latynina
A Tried and True Diversion Tactic
By Konstantin Sonin
Still Going for Their Gold
By Mark H. Teeter
Fighting Russian Tanks With Patriotic Defiance
By Matthew Collin
The Great Writer Who Buried Communism
By Yevgeny Kiselyov
The Same Old Presidential Reserve
By Nikolai Petrov
The Missiles of July
By Richard Lourie
Immunity From the Oil Curse
By Martin Gilman
