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. Last Updated: 07/27/2016

12/16/2008

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Far East Drivers Get Leaders to Listen

Staff Writers
In a rare example of grassroots political power, angry protests by drivers prompted lawmakers in the far eastern Primorye region on Monday to ask the country's two leaders to delay raising import duties on foreign cars.

Employees Say Plant Is Forcing Resignations

and Courtney Weaver
Magnitogorsk Iron & Steel Works workers say the company is trying to save money by pressuring them to quit their jobs.

OPEC Wants 2% Cut From Russia

LUKoil president Vagit Alekperov said Monday that OPEC wanted Russia to cut its crude output by at least 200,000 barrels per day, as expectations of broad cooperation on a major supply reduction helped send oil back over $50.

MICEX Suspends 3 Brokers Over Repos

MICEX said Monday that it suspended three brokerages -- UTrade.ru, Antanta-Capital and Melon -- from trading on the exchange for failing to meet obligations on repo deals.

Activists Enraged by Dead Sheep Incident

Animal rights activists said Monday they would ask prosecutors to investigate an unsettling incident in which dead and wounded sheep were used in a smear campaign against the new liberal opposition movement Solidarity.

Activist Facing Questions of KGB Ties

The Associated Press
Lira Tskhovrebova flew nearly 10,000 kilometers to Washington on a mission: The self-described independent activist from South Ossetia wanted to challenge the strong U.S. support for Georgia in its war with Russia over the breakaway region and describe atrocities by Georgian troops.

Property Prices Seen Down 60% Next Year

Vedomosti, MT
Falling personal incomes, capital flight and tightening credit markets could lead to a drop of up to 60 percent in property prices by the end of next year, a report released by Sberbank on Monday warned.

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