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. Last Updated: 07/27/2016

07/15/2008

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Czechs See Shenanigans in Oil Cuts

The Czech Foreign Ministry finds implausible Russia's explanation that oil supplies have dipped for technical reasons, the Czech Embassy in Moscow said Monday, after a meeting in Prague meant to assuage fears that the Kremlin was punishing the Czech Republic for backing U.S. missile-defense plans.

Usmanov Said to Be Looking At Copper

The creation of a new metals conglomerate based in the country took a new turn Monday with reports that Kazakhmys, the world’s 10th-largest copper producer, was in merger discussions with Russia’s Metalloinvest.

Stalin and Last Tsar in Neck-and-Neck Race

Staff Writers
The British chose Winston Churchill; the Americans chose Ronald Reagan; and the South Africans chose Nelson Mandela.

Chemezov Granted Stakes in 426 Firms

President Dmitry Medvedev has approved the transfer of the state's assets in 426 companies to Russian Technologies, a move that ends months of intragovernmental wrangling over the formation of the vast state corporation.

Sinkhole May Close Potash Rail Link

Reuters
An emergency rail link allowing potash miner Silvinit to deliver the in-demand soil nutrient is likely to close in the next few weeks because of an expanding sinkhole, a senior engineer said Monday.

Putin Calls on Authorities to Ease Up on Small Businesses

The Moscow Times
The government spends nearly $7 billion per year investigating companies for procedural infractions, Prime Minister Vladimir Putin said Monday, calling on the government to change fundamentally its approach toward regulating business.

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