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. Last Updated: 07/27/2016

05/26/2008

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Bilan Win Lifts Town and Country

With his Eurovision victory Saturday night, Dima Bilan provided the country with its first win in the song contest and his hometown in the republic of Karachayevo-Cherkessia with a street and a school bearing his name.

Medvedev Joins Hu In Attack On Shield

President Dmitry Medvedev denounced U.S. plans to build a missile-defense shield in Central Europe while visiting China on Friday, keeping the foreign policy course laid out by his predecessor, Vladimir Putin.

EU's Man in Moscow Says Hard Talks Ahead

The negotiations between Moscow and Brussels for a new and wide-ranging cooperation agreement could get tougher than the cumbersome 18 months of wrangling leading up to them, the European Union’s top representative in Moscow said.

Moscow Energy Investment Doubled

Investment into the Moscow energy distribution system will be almost doubled through 2010, Unified Energy System chief executive Anatoly Chubais said Saturday at the opening of a new power unit.

UES Wants Buyer for OGK-1 by Early June

Reuters
Former electricity monopoly Unified Energy System will ask the potential buyer of power producer OGK-1 to make a final decision on the acquisition in early June, a source close to the sale said Friday.

Cheap Dollar Means Expensive Oil

Back in December 2002, one dollar equaled one euro. But that exchange rate didn't last. The dollar was on its way down, a trend that had started more than a year earlier, and has lasted, with occasional oscillations, to this day.

The Sausage Man

John Warren, cook, entrepreneur and musician, is one of the best-known British expats in Moscow.

Steakhouse Surprise

It was only late last year when, with great fanfare and much news coverage, Grande Bouffe opened with its celebrity chef Stalik Khankishiyev, backed by restaurateurs Dmitry Borisov and Dmitry Yampolsky of Jean-Jacques, Apshu and Mayak fame.

Restaurant News

Bocconcino, the upmarket pizzeria restaurant that recently opened a second establishment out at the posh Vremena Goda shopping center on Kutuzovsky Prospekt, has just expanded its new restaurant.

SocGen's Investigators Think Trader Got Help

The Associated Press
Investigators at Societe Generale suspect that former futures trader Jerome Kerviel was helped by an assistant to cover up massive trading positions that led to a multibillion-euro loss.

Climate Change Moves Wine Country's Borders

The Associated Press
Fruity merlot from Siberia? Not so fast, say vintners from Champagne to California.

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