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. Last Updated: 07/27/2016

11/13/2008

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Putin Delays Hike of Timber Tariffs

Staff Writers
Two days before a crucial EU-Russia summit in Nice, France, Moscow offered a conciliatory measure on Wednesday by delaying the introduction of higher export tariffs on timber that have been roiling some of its EU neighbors.

Term Extension Put on Fast Track

A senior United Russia deputy called Wednesday for a bill extending the presidential term to six years to be fast-tracked through the State Duma, and fellow deputies promised to approve it this week.

Court Ignores Prosecutors, Bulbov Still in Jail

The Moscow City Court on Wednesday ordered senior Federal Drug Control Service officer Alexander Bulbov to remain behind bars for another month on corruption charges in a case widely seen to be linked to a power struggle between feuding clans close to the country's security services.

Central Asia May Be Key to Gas Cost Deal

With oil trading below $60 per barrel, eyes are turning to see what will happen to gas export prices as Gazprom begins the now-annual ritual of haggling with its customers to the West ahead of the winter heating season.

Halt Can't Stop Share Plummet

Combined Reports
Russian blue chips extended falls in London as trade was suspended in Moscow after the Central Bank eased the ruble lower, delivering another blow to confidence in Russian assets and sparking a fresh sell-off.

U.S. Shield Proposals Fail to Sway Kremlin

Combined Reports
The Kremlin on Wednesday rejected U.S. proposals aimed at easing concerns over a missile-defense system in Europe and said it would try again to resolve the dispute once Barack Obama is in the White House.

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