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Market Matters: Struggling Stocks Spur New Record Oil Prices
Oil hit another record of just under $143 as global stocks tumbled last week, with the Dow briefly dipping into bear market territory as investors sought safety in gold, government debt and the Swiss franc.

Enlarge your business opportunities this summer - place a job ad at Job Opportunities pages of The Moscow Times until 31 August and get 10 vacancies for free on www.careercenter.ru web site!



Friday, July 18, 2008 Updated at 18 July 2008 10:49 Moscow Time.

The Moscow Times » Issue 2691 » News in Brief

News in Brief

03 June 2003Cold Spell to Lift MOSCOW (MT) -- The chilly weather and rain that hit Moscow over the weekend will last until Thursday, Interfax reported Monday. For the next few days temperatures will hover around 10 degrees Celsius during the day and drop to 2 degrees at night, Interfax said, citing weather forecasters. Starting Thursday, the daytime temperature will climb to 20 degrees, with possible rain showers Friday. Iraq Doubts MOSCOW (Reuters) -- The Foreign Ministry on Monday dismissed U.S. efforts to present its discovery of a mobile laboratory as an example of Iraq's banned weapons program, saying only UN scientists could officially certify weapons as illegal. U.S. President George W. Bush, at a joint news conference with President Vladimir Putin, said Sunday that the truck, which Washington says could be used to make biological weapons, was part of a ""weapons system.

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