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Testimonials
"It makes us proud to be the owner of Independent Media, the publisher of The Moscow Times. The paper plays a significant role in helping to create an international and dynamic Moscow. Professional media is an important element of social and economic progress, thus giving us an opportunity to take part in the rapid and unique development of Moscow."-Jaakko Rauramo, Chairman of the Board SanomaWSOY Corporation
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Market Matters: Markets Suffer in 'Triple-Whammy' Week
The MICEX Index on Friday fell to its lowest level since June 2006, deepening Russian markets' biggest slump since the 1998 financial crisis.
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Monday, September 08, 2008
Updated at 08 September 2008 0:46 Moscow Time
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Sarkozy Returning To Clarify Cease-Fire
By Nabi Abdullaev, Anatoly Medetsky / Staff Writers
French President Nicolas Sarkozy is visiting Moscow on Monday to urge President Dmitry Medvedev to pull Russian troops out of Georgian territory surrounding South Ossetia and Abkhazia, in accordance with a cease-fire agreement signed last month. |
Markets Suffer in 'Triple-Whammy' Week
By Tim Wall, Courtney Weaver / Special to The Moscow Times
A combination of global financial woes, falling commodities prices and bad political news sends the MICEX to a two-year low. |
Cheney Fires Broadside at Moscow
The Associated Press
U.S. Vice President Dick Cheney said Saturday that Russia's actions in the conflict with Georgia were an ""affront to civilized standards"" and called on Western nations to stand united against any effort by Moscow to use its place as an energy supplier to intimidate its neighbors. |
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| Ria-novosti / AP From right, Medvedev and the presidents of Kyrgyzstan, Kazakhstan and Belarus attending a Kremlin summit Friday.more |
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MTS Considers Offer For Stake in Yevroset
By John Wendle / Staff Writer
Mobile TeleSystems confirmed on Friday that it was interested in buying a stake in mobile phone retailer Yevroset, which last week had its office raided and two of its employees detained over smuggling and kidnapping allegations. |
State Declares AiRUnion Crisis 'Over'
Combined Reports
Government officials said Friday that the country would create a state-controlled airline holding company as big as Aeroflot to rescue the cash-strapped AiRUnion airline alliance. |
Russian Roulette for Investors
When Russian troops moved into Georgia, foreign investors moved out and the Russian market plummeted. When U.S. troops moved into Iraq, foreign investors hesitated but the U.S. market barely blipped. Is this a double standard? |
Catching On With the Swinging Upper Class
By Svetlana Osadchuk / Staff Writer
When asked by Leonid Brezhnev how to attract investment into the Soviet Union, billionaire entrepreneur Armand Hammer told him to provide limousines and golf courses for U.S. businessmen. |
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USD/RUR - 23.5 EUR/RUR - 37.1
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