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. Last Updated: 07/27/2016

07/04/2008

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Chelsea Owner Escapes Politics

Staff Writers
President Dmitry Medvedev on Thursday accepted the resignation of Roman Abramovich, the Kremlin's most loyal oligarch, as governor of the far eastern Chukotka autonomous district, a job Abramovich has long made clear that he wanted out of.

Work-Permit Tour Exemplifies Strange Feud

A senior TNK-BP employee and the government's top work-permits official walked triumphantly into the sunshine Thursday, after the Federal Migration Service issued eight permits to the firm's senior staff, including CEO Robert Dudley.

Medvedev Will Make Economic Pitch to G8

The Group of Eight summit in Japan next week will be a global coming out party of sorts for Dmitry Medvedev, as the new president is expected to offer his take on global economic problems and their possible solutions.

Medvedev, Miller Look for Azeri Gas

Combined Reports
Europe’s bill for Russian gas will rise by one-quarter by the end of 2008 and eventually double, Gazprom chief Alexei Miller said Thursday on a Central Asian energy tour with President Dmitry Medvedev.

Putin Says Sochi Sites Must Move

The Moscow Times
Prime Minister Vladimir Putin on Thursday ordered that three sites for planned Olympic venues be moved because of environmental concerns and reprimanded the Sochi games preparations chief for weak assurances that construction would be finished on time.

Power Machines Wins Iraq Deal

Power Machines, the country’s biggest energy machinery producer, announced Thursday that it would build a 26.8-megawatt hydrostation in northern Iraq by July 2010, raising hopes for other Russian firms looking to re-enter the country.

Leaks Damage Politkovskaya Investigation

For almost a year, the Prosecutor General's Office and its Investigative Committee have been competing over who could reveal more sensitive information on the investigation into the murder of journalist Anna Politkovskaya.

How to Depict Sour Faces and Sour Smiles

Thinking about the summer drink of kvas immediately makes me think of another traditional Russian summery dish, kisel, fruit jelly. It's no wonder my synapses made the leap.

Greatest Investor Risk

Investor sentiment was rather mixed as we entered 2008. Bullish hopes lingered in developed markets, based on the naive assumption that 2007 credit woes would magically evaporate on New Year's Day, and emerging markets danced to the dream of decoupling.

Business in Brief

Deripaska Suit Moves AheadProkhorov's Polyus PostAcron to Sell 10% StakeUkraine Gas Transit RecordCanada Plans Arctic ClaimFor the Record

Tax Status Unclear For Foreign NGOs

Staff Writers
The government will clarify later this year the tax status of grants from dozens of international organizations excluded from tax exemptions in a recent decree signed by Prime Minister Vladimir Putin, a government spokesman said Thursday.

British Dancer Detained in Car Arson

Amid a wave of car arsons that hit the city in recent weeks, a British dancer was detained in southwestern Moscow on suspicion of setting fire to a Mercedes, city police said Thursday.

Popovkin Appointed Space Forces Chief

The Moscow Times
President Dmitry Medvedev has signed a decree promoting Space Forces chief Vladimir Popovkin and replacing him with a career officer, a Defense Ministry spokesman said Thursday.

News in Brief

Arrests in Prison DeathsNBP Activist AcquittedChaika to Talk to BastrykinWorkers Vanish With Gold

Not All Regions Created Equal

It was once the pride of Soviet telephone technology, producing the bulky phones that graced the desks of countless factory directors and Party officials.
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