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. Last Updated: 07/27/2016

10/07/2008

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New Worries Push RTS Below 1,000

Trading was halted on both the RTS and MICEX exchanges again on Monday on a combination of bad news from the European banking sector, falling oil prices, the increasing likelihood of a global recession and cash-strapped investors withdrawing from emerging markets.

Iran Arms Sales Top Olmert's Visit

Outgoing Israeli Prime Minister Ehud Olmert is expected to urge President Dmitry Medvedev not to sell advanced anti-aircraft systems to Iran at Kremlin talks on Tuesday.

Georgians Are Searching for Putin and Stalin

Prime Minister Vladimir Putin is a leading personality in Georgia, a position he shares with President Dmitry Medvedev and Soviet dictator Josef Stalin. Vladimir Lenin, meanwhile, is a hot topic in today’s Cuba, while Azeris prefer to contemplate Mercedes cars.

Extradition Sought In Gutseriyev Case

Russia asked Britain to extradite former Russneft owner Mikhail Gutseriyev, who is accused of tax evasion, an Interior Ministry official said Monday.

Central Bank Sells $5Bln to Aid Ruble

Bloomberg
The Central Bank sold almost $5 billion Monday, more than in any single day since the end of the country’s war with Georgia, as it sought to support the ruble amid turmoil in financial markets, MDM Bank said.

Rights Group: Abuse Of Inmates Is Torture

A leading European human rights body has criticized Russia for the mistreatment of prisoners and detainees.

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