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. Last Updated: 07/27/2016

09/22/2008

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Investors Hope for End to Volatility

Staff Writers
Leading Russian and foreign investors reacted with cautious optimism this weekend at an annual gathering in Sochi to an emergency government package aimed at bolstering the country’s bourses but warned that difficulties remained ahead for the markets and the economy itself.

State Aid Energizes Stock Markets

After receiving a much-needed adrenalin shot of liquidity from the state, the country’s markets were jolted back into positive territory Friday, reopening after a two-day hiatus with record jumps to all but wipe out the losses of a nightmare week.

VIPs Dancing Up a Storm at Sochi Forum

A warm sun and lapping waves might be the perfect backdrop for striking a business deal, but as Russia was buffeted by a financial crisis, a storm whipping in off the Black Sea coast seemed to serve the purpose better.

Fillon Uses Visit to Ease EU's Worries

Combined Reports
French Prime Minister Francois Fillon said Saturday that talks on a Russia-EU pact, postponed after the war in Georgia, could resume early next month as Moscow and Paris sought to boost ties in the energy and technology sectors.

Gazprom Inks South American Deals

Combined Reports
Gazprom was among eight companies that signed deals to develop offshore gas fields with state-owned Petroleos de Venezuela at a ceremony presided over by President Hugo Chavez in the country's capital Friday.

Medvedev: Russia Won't Be Isolated

Stepping up a war of words with Washington, President Dmitry Medvedev said Friday that Russia would not be pushed into isolation and accused NATO of provoking last month's conflict in Georgia.

Georgia, Ukraine Seek UN Support

Combined Reports
The leaders of Georgia and Ukraine go to the United Nations this week hoping to shore up Western support for their future NATO accession in the face of a militarily resurgent Russia.

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