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Testimonials
"Over its 15 years of existence, The Moscow Times managed to win its readership’s acclaim as the nation’s most popular English language daily. It helps the Moscow expat community to bridge the language gap and participate in the vibrant life of the nation. For many of my colleagues and friends, The Moscow Times has become an important information window. "-Chris Finlayson, Country Chairman Shell Russia
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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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Friday, August 22, 2008
Updated at 22 August 2008 0:02 Moscow Time
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Finding a Remedy for Health Care
By Svetlana Osadchuk / Staff Writer
When anesthesiologist Dmitry Sedykh was called to treat an 8-month-old suffering from heart failure this May, he found no equipment to resuscitate the baby boy. |
Moscow Says Some Troops to Stay Put
By Nikolaus von Twickel, Matt Siegel / Staff Writers
Russian soldiers were at work digging positions outside Georgia’s main Black Sea port city of Poti on Thursday at the same time Moscow maintained that its soldiers were on schedule to pull out of the country proper by Friday. |
Khodorkovsky Offers to Stay Out of Business
By Nadia Popova / Staff Writer
Jailed tycoon Mikhail Khodorkovsky told his parole hearing Thursday that if freed he would quit the oil business for good, and devote his life instead to humanitarian work and his family. |
Syria Expected to Reach Arms Deals
By Oleg Shchedrov / Reuters
Syrian leader Bashar al-Assad backed Russia’s military action against Georgia at talks with President Dmitry Medvedev on Thursday that were expected to cover purchases of Russian arms. |
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| Courtesy Of Dmitry Sedykh Eight-month-old Alexei Artemikhin recovering from heart failure in a hospital in the Kirov region. An inventive anesthesiologist saved his life with an air pillow.more |
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Kudrin Uneasy Over Oil Price Downturn
By Anatoly Medetsky / Staff Writer
Falling oil prices might mean that Russia will begin to spend its financial cushion, the Reserve Fund, in 2015, Finance Minister Alexei Kudrin said Thursday. |
Reserves Plummet $16.4Bln in a Week
By Tai Adelaja / Staff Writer
Russia’s international reserves fell $16.4 billion in the week from Aug. 8, as the Central Bank moved to prop up the ruble amid concerns over the conflict with Georgia and the euro weakening against the dollar. |
Russia Values Oil More Than War
One counterintuitive feature of the five-day war between Russia and Georgia is its minimal impact on the energy flows from the Caspian to world markets. |
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Currency Exchange
USD/RUR - 23.5 EUR/RUR - 37.1
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