03/15/2004
Paid access archivePress Review
A brief look at the stories making headlines in the Russian-language press
No More Excuses on Jobs
As job growth continues to elude the U.S. economy, we're hearing two main excuses from the Bush administration and its supporters: that the real situation is much better than you're hearing,
Trials and Tribulations of Uzbek Gastarbeiter
We've got to do something about our front door,"" my wife Maria declared the other day. ""Look at it. The leatherette's at least 40 years old and it's completely worn out. Do something about it!""
Business in Brief
Stock Limits Raised MOSCOW (Reuters) -- The state securities watchdog on Friday raised the limit on foreign trade in two New York-listed Russian stocks, mobile operator Mobile TeleSystems and food group Wimm-Bill-Dann. The move is likely to increase the amount of stock available to foreign investors in the Russian market, who face a severe shortage of investment instruments and declining free-floats in many companies -- but it may also create stock overhang. The increase is especially important for those investors who hold the 5 percent of MTS stock that was placed as global depositary receipts a year ago by MTS's strategic investor Deutsche Telekom, which sold stock in MTS to reduce its debt. Output Grows 8.7% MOSCOW (Reuters) -- Industrial output grew 8.7 percent, year-on-year, in February after a 7.5 percent gain in January, the Economic Development and Trade Ministry said Friday, citing data from the State Statistics Committee. Industrial output rose 6.5 percent in February 2003.
Ex-Aeroflot Executives Convicted
A Moscow court on Friday convicted two former executives of Aeroflot for abuse of power and failing to transfer the carrier's foreign currency earnings to Russia, but ordered them free for time served, their lawyers said.
Fired Resources Minister Has Field Day
The new natural resources minister said Friday his first act was to suspend a slew of new oil licenses hastily issued in his predecessor's final hours as minister.
- Khodorkovsky: Menatep Has $4.5Bln in Cash, None Frozen
- FT: Chevron, Shell and Total All Chasing a Stake in Sibneft
- Putin Slips Up in Rush to Reform
- Anger and Mourning as Spain Votes
- Roh Has Koreans' Support
- Family Murder Shocks Police
- Bryansk Governor Gets Out the Vote
- Chechen Officials Fill Out Ballots Themselves
- Factory Town Fights Voter Apathy
- A 3-Way Battle for Governor in Ryazan
- CIA Warns of a 'Greater Assertiveness' From Russia
- Koptev Out as Fradkov Names Chiefs
- Saakashvili Puts Army on Alert
- Russians Mourn Madrid Bombing Victims
- Red Star Spoof Cites Ivanov: Show More Tolerance of Gays
- News in Brief
- Early Returns Give Putin 70 Percent
- Officials Turn Vote Into One Big Party
- Fire Destroys Historic Manezh Hall
- Putin Takes Us Back to the Future
- U.S. Harbored Terrorists to Bolster Its Case
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