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The Moscow Times guide to the most delectable places in Moscow on www.rb.ru

The Moscow Times is introducing the website www.rb.ru, a place for advice and exchange of impressions about restaurants and bars in Moscow.

Testimonials

"Salans opened its Moscow office the same year as The Moscow Times was first published. For the foreign community, the existence of an independent English language newspaper was one of very few keys to understanding the business, political and cultural life of the country, and to follow the radical changes Russia was going through. Over the years, the newspaper has continued to develop its reputation as a highly regarded source of information, and a forum for different points of views, on the affairs of Russia and its neighbors."

-Mathieu Fabre-Magnan, Managing Partner
Salans Moscow Office

Market Matters: As Conflict Ends, Markets on Road to Recovery
After tumbling to its lowest point in almost two years on Tuesday, Russia's MICEX Index began to slowly claw its way back over the rest of the week, suggesting a possible end to the volatility that has plagued the country's markets since tensions erupted between Russia and Georgia on Aug. 8.

The Moscow Times invites you to take part in annual M&A Forum "KEY SUCCESS FACTORS FOR SELLING A BUSINESS", that will be held on 30 September 2008 at Marriott Aurora Hotel (Petrovka st., 11/20)



Friday, September 05, 2008 Updated at 04 September 2008 23:35 Moscow Time

Accord Signed in TNK-BP Standoff
By Miriam Elder / Staff Writer BP signed a deal with its billionaire partners in TNK-BP on Thursday, laying the groundwork for an end to a bruising dispute over control of the firm that has fanned fears among investors of doing business in Russia.

A Crisis Brewing in the Classrooms
By Anna Malpas / Staff Writer When economics student Mikhail Popov struggled with a final exam at a regional university, he was offered an alternative — pay $200 and get a good grade.

Recognition a Lonely Exercise for Moscow
By Nabi Abdullaev / Staff Writer Ten days after Russia recognized South Ossetia and Abkhazia as independent states, the only other country to have followed suit as of Thursday was that Cold War battlefield of the 1980s: Nicaragua.

NLMK to Buy Beta Steel for $400M
By John Wendle / Staff Writer The Russian steel giant agrees to pay cash for the U.S. asset, located near the pipe manufacturer it purchased in August.

Vladimir Filonov / MT

Visitors arriving Thursday for the first day of the biannual Moscow Boat and Yacht Show, which runs through Sunday at Vodny Stadion, on the Moscow River. Russians accounted for an astounding 30 percent of global luxury yacht sales in 2008, up from a mere 6 percent three years earlier.more

Central Bank Drops $4Bln to Prop Ruble
By Toni Vorobyova, Andrey Ostroukh / Reuters The Central Bank stepped into the market and sold up to $4 billion on Thursday to brake the ruble’s fall, while shares went into free-fall despite a much-awaited shareholder peace deal on oil company TNK-BP.

Severstal H1 Net Profit Jumps 69%
By Nadia Popova / Staff Writer Russia’s largest steelmaker announced a 69 percent rise in first-half net profit to $1.9 billion Thursday, a company record.

Independent at Last
Aug. 26 was a day of historic importance for our people.

News

Cheney Slams Russia Over War	American Teacher Denies Spying in South Ossetia
Son of Former President Held	A State School for 30 Bright Children
News in Brief	U.S. Will Give $1Bln In Aid To Georgia
Hundreds Remember Beslan Victims	Parking Fees to Be Banned
Yushchenko Threatens Early Election	Journalists Attacked, Killed in North Caucasus

Business

Business in Brief	Comstar Sees Profits Jump in Q2
Atlant Soyuz Seen Acquiring AiRUnion	Chichvarkin Goes to Bat for Employees
30 Arrested In Pirated DVD Bust	Yacht Dealers Drop Anchor in Moscow
Gazprom, Nigeria Sign Energy Deal	Russia Pushing for African Resources
GAZ Joins GM in Italian Engine Company	RZD Telecoms Arm Seeks to Double Revenue

Opinion

Michele A. Berdy: When Your Tongue Is the Real Enemy	Op-Ed Contributor: Helping Russia Return To Its Reform Agenda
Boris Kagarlitsky: Blame Capitalism, Not Medvedev	Op-Ed Contributor: Building a Strong Georgia
Anders Aslund: 10 Reasons Why the Economy Will Falter	Yulia Latynina: Turning Russia Into a Terrorist Enclave
Yevgeny Kiselyov: How Russia Turns Liberals Into Authoritarians	Op-Ed Contributor: There Is No Such Thing as Post-Soviet Space
Op-Ed Contributor: The SCO's Rising Power	Konstantin Sonin: Russia's Bronze Medal In International Affairs

Arts & Ideas

Water on the Tracks	The Waiting Game
Big Isn't Always Best	Up Close and Personal
Rocking the World	Off The Wall Videos
In the Spotlight	Wanted
Salon	Image

Sports

Tishchenko Prevails Over French Surprise	Hammon Leads Women to Bronze
Fast Food Aids Lightning Win	Beckham Calls Football No. 1 Sport
Page, Fireworks Pull Curtain on Olympics	3-Peat for Russian Rhythmic Gymnasts
'Lightning' Bolt Pulls Off Sprint Double	Ilchenko Wins Roller Derby in Water
Medal-Biting Theories Abound	Synchronized Swimming Duo Bringing Home Another Gold

Career Center

Administration	Finance
Hospitality and Tourism	Human Resources and Education
Industry and Manufacturing	Law
Management	Marketing and PR
Non-Profit Sector	Real Estate & Construction
Retail & Distribution	Sales

Currency Exchange

USD/RUR - 23.5
EUR/RUR - 37.1

Weather

Moscow
Friday night

Sunny 16^o C

Winds: S at 4.5 m/s Pressure: 747 mb Humidity: 71% more

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