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. Last Updated: 07/27/2016

09/04/2008

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Yevroset Ensnared in 2 Investigations

Staff Writers
Yevroset faced twin criminal investigations Wednesday, in what an industry source and analysts said appeared to be an attempt to undermine the possible sale of a stake in the country's largest mobile phone retailer.

Stocks Tumble, Ruble Passes 25

The ruble fell by as much as nearly 2 percent against the dollar on Wednesday, while Russia's RTS Index dropped 4.3 percent, pummeled by low oil prices, a tightening market and geopolitical concerns over Russia's rift with the West over Georgia.

Medvedev and Putin Call Up the Networks

Almost immediately after the war between Russia and Georgia erupted on Aug. 8 over the breakaway Georgian republic of South Ossetia, a leading foreign news network requested an interview with President Dmitry Medvedev.

58 Muslims Await Trial in Nalchik

Claims of widespread torture and judicial corruption plague the government's efforts to try suspects in a 2005 attack.

Rosneft Delays Field Launch, Cuts Target

Reuters
Rosneft said Wednesday that the launch of a huge east Siberian field was delayed and cut its output forecast, making it more likely Russia's total production will decline this year.

Ukraine's Bonds Fall As Government Splits

Combined Reports
The bond drop sends seven-year yields to a four-year high.

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