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. Last Updated: 07/27/2016

08/07/2008

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Solzhenitsyn Laid to Rest at Monastery

The Moscow Times
It was as though someone had suddenly removed the stopper from an overturned bottle. As the great man's body, hoisted high by a military procession, made its final turn on the path toward the cemetery, a sea of mourners poured down the church steps like water down a rocky crag.

Antitrust Inquiries Rattle Investors

Combined Reports
By vigorously cracking down on possible price fixing, the Federal Anti-Monopoly Service may help to combat one of the country's biggest economic challenges, inflation, but it is putting investors on the edge.

Thousands of Tourists but Not One ATM

Reuters
The Solovetsky islands in the White Sea are seeing a surge in ecotourism.

Online Advertising Makes Big Gains

Reuters
Internet advertising in Russia grew 73 percent to $260 million in the first half of the year and may top $600 million this year, according to the MindShare Interaction research agency.

Oil Shipping Costs Seen Rising by 10%

Russia's decision to raise an oil shipping fee component will increase costs of oil deliveries by pipelines by 10 to 12 percent and further spur the country's runaway inflation, analysts said Wednesday.

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