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. Last Updated: 07/27/2016

07/29/2008

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Putin Accuses Mechel of Tax Evasion

Prime Minister Vladimir Putin on Monday fired a new broadside at Mechel, saying the coal and steel company had evaded taxes by selling products at bargain prices through offshore companies.

Builder Clashes With Middle Class Owners

“Real estate in Kurkino: an urban dream,” asserts the web site of FinansStroiInvest, a developer offering luxury mansions in the city’s northwestern district.

Teens Enter Pleas on Hate Crime Charges

The trial of 12 minors charged with a series of racially motivated crimes last year, including the murder of a Sakha native that was filmed with a cell phone, opened Monday with some of the accused entering pleas of not guilty.

Putin Backs $2.7Bln Chemicals Program

The plan would reduce the dependency on imports in an industry that serves the military, aviation and nuclear sectors.

LUKoil to Buy Turkish Distributor

Reuters
LUKoil agreed to buy Turkish fuel distributor Akpet for $500 million on Monday, securing 5 percent of Turkey’s oil-product retail market as it continues its downstream expansion.

Forecasts for Inflation, GDP Increased

Combined Reports
The Economic Development Ministry has raised its 2008 inflation forecast to 11.8 percent from 10.5 percent and revised its outlook for economic growth, Deputy Economy Development Minister Andrei Klepach said Monday.

Lessons From Bosnia

The arrest of Radovan Karadzic, who bears a significant portion of responsibility for the horrors of the civil war in Bosnia, is an appropriate ending to his political career.

Victory in L.A. Marches Safina Up the Rankings

Reuters
Dinara Safina won her first title on U.S. soil with a clinical 6-4, 6-2 defeat of Flavia Pennetta in Sunday's Los Angeles Classic final.

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