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The stench in the room is suffocating despite the windows being open wide. A skinny naked man is sitting on his narrow bed waiting for his diapers to be changed, staring emptily into space. His two roommates are asleep. The contours of their bodies are barely visible under the blankets. |
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The stench in the room is suffocating despite the windows being open wide. A skinny naked man is sitting on his narrow bed waiting for his diapers to be changed, staring emptily into space. |
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MOSCOW - A bomb derailed a passenger train heading to Moscow from Grozny on Sunday in what officials described as a terrorist attack designed to cloud celebrations on the Day of Russia holiday. More than 30 passengers and crew received medical treatment Sunday, and eight were hospitalized. |
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MOSCOW - A bomb derailed a passenger train heading to Moscow from Grozny on Sunday in what officials described as a terrorist attack designed to cloud celebrations on the Day of Russia holiday. |
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A Russian kilometer is longer than a kilometer anywhere else, says a motorcyclist who led a ride from Vladivostok to St. Petersburg. "I'm sure that it was more than11,000 kilometers," said Lord Nicholas Fairfax, the leader of the White Nights Ride, a group of British and German aristocrats and a Russian businessman who rode to raise money for charity. |
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A Russian kilometer is longer than a kilometer anywhere else, says a motorcyclist who led a ride from Vladivostok to St. Petersburg. "I'm sure that it was more than11,000 kilometers," said Lord Nicholas Fairfax, the leader of the White Nights Ride, a group of British and German aristocrats and a Russian businessman who rode to raise money for charity. |
All photos from issue.
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Latvia 'Worst Enemy' MOSCOW (SPT) - The public believes Latvia is Russia's worst enemy while Russian's best friend is Belarus, a poll conducted by the Levada Center last month showed, UPI reported Sunday. Latvia headed the list of Russia's enemies with 49 percent of respondents seeing it in a negative light. |
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Latvia 'Worst Enemy' MOSCOW (SPT) - The public believes Latvia is Russia's worst enemy while Russian's best friend is Belarus, a poll conducted by the Levada Center last month showed, UPI reported Sunday. |
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Grocery retailer Pyatyorochka will buy out its franchise operator in the Southern Urals in order to start consolidating the company's franchise activities, the chain said Monday, Dow Jones reported. As part of the deal, Pyaterochka's operating subsidiary Agrotorg will acquire the Economtorg franchise network, which consists of 19 stores and a warehouse with a total net selling area of over 10,000 square meters, as well as a head office and a training center. |
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Grocery retailer Pyatyorochka will buy out its franchise operator in the Southern Urals in order to start consolidating the company's franchise activities, the chain said Monday, Dow Jones reported. |
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MOSCOW - The unprecedented surge in recent public share offerings is partly responsible for the lackluster performance of the stock market since the beginning of the year, said a report from brokerage Aton Capital. "It appears one of the key reasons the market has been treading water is . |
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MOSCOW - The unprecedented surge in recent public share offerings is partly responsible for the lackluster performance of the stock market since the beginning of the year, said a report from brokerage Aton Capital. |
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MOSCOW - A group of four investors including China's First Automotive Works has started producing passenger cars for the Russian market at a boiler factory in Biisk, a small town in Eastern Russia, one of the investors said Monday. The project aims to produce at least 1,000 cars this year, with $5 million to $7 million to be put into the venture, said Valentin Vertiprakhov, general director of car dealership UralYuzhMash, one of three Russian investors. |
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MOSCOW - A group of four investors including China's First Automotive Works has started producing passenger cars for the Russian market at a boiler factory in Biisk, a small town in Eastern Russia, one of the investors said Monday. |
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Japan Tabacco International (JTI) intends to buy St. Petersburg-based KRES Neva plant, owned by Standard Commercial Tobacco, for $14 million, Interfax reported Friday, citing JTI's press service. Meanwhile, KRES Neva's sales and logistics department will continue working as previously, fulfilling all current contract obligations, a JTI representative said. |
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Japan Tabacco International (JTI) intends to buy St. Petersburg-based KRES Neva plant, owned by Standard Commercial Tobacco, for $14 million, Interfax reported Friday, citing JTI's press service. |
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MOSCOW/LONDON (Bloomberg) - Gazprom, Russia's natural gas export monopoly, may secure partnership with E.ON AG, Germany's biggest utility, in energy distribution projects in Romania. Ruhrgas AG, a gas unit of E.ON, last August won a bid to buy a majority stake in Distrigaz Nord SA, a Romanian distributor of the fuel. |
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MOSCOW/LONDON (Bloomberg) - Gazprom, Russia's natural gas export monopoly, may secure partnership with E.ON AG, Germany's biggest utility, in energy distribution projects in Romania. |
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Gazprom Exports Up LONDON (Bloomberg) - Gazprom, which supplies about a quarter of Europe's natural gas, expects export sales to rise 37 percent this year because of higher volumes and prices. The state-controlled Russian company expects 2005 export sales of $25 billion, Alexander Medvedev, a deputy chief executive at Gazprom, said Monday in Moscow. |
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Gazprom Exports Up LONDON (Bloomberg) - Gazprom, which supplies about a quarter of Europe's natural gas, expects export sales to rise 37 percent this year because of higher volumes and prices. |
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Gas giant Gazprom wants to buy into two oil fields on Sakhalin Island in the Far East as it seeks to branch into the oil business, Alexander Medvedev, head of Gazprom's export unit, said Friday. Gazprom, which expects to have money to spend once the government increases its stake in the company, wants to buy state-owned oil company Rosneft's 20 percent stake in the Sakhalin-1 field, news agencies reported. |
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Gas giant Gazprom wants to buy into two oil fields on Sakhalin Island in the Far East as it seeks to branch into the oil business, Alexander Medvedev, head of Gazprom's export unit, said Friday. |
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One of the most long-delayed hotel projects in Moscow, the 218-room Courtyard Marriott, at 7 Voznesensky Pereulok, will finally open its doors to guests this summer. Even though the building was completed nearly 1 1/2 years ago, it has never opened as a hotel. |
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One of the most long-delayed hotel projects in Moscow, the 218-room Courtyard Marriott, at 7 Voznesensky Pereulok, will finally open its doors to guests this summer. |
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VTB Wants Early Buy ST. PETERSBURG (SPT) - Vneshtorgbank (VTB), the country's second-largest bank, plans to speed up its buying of 50 percent of St. Petersburg-based PromStroiBank, the president of VTB Andrei Kostin said Friday, Interfax reported. |
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VTB Wants Early Buy ST. PETERSBURG (SPT) - Vneshtorgbank (VTB), the country's second-largest bank, plans to speed up its buying of 50 percent of St. |
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Is the possible acquisition of Izvestia by Gazprom a deal or a joke? Last week, it was announced that the state-controlled gas monopoly was about to purchase control of Izvestia from ProfMedia, which also owns Komsomolskaya Pravda and other media properties. |
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Is the possible acquisition of Izvestia by Gazprom a deal or a joke? Last week, it was announced that the state-controlled gas monopoly was about to purchase control of Izvestia from ProfMedia, which also owns Komsomolskaya Pravda and other media properties. |
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Although the word Yukos seems to have ingrained itself into the consciousness of most businesses eyeing Russia, the main effect that the court case had was not the dismantling of Yukos itself, but the regulatory issues unearthed in the process. Now, despite a largely positive outlook on investment, the government's tightening control over strategic sectors of the economy has investors united in demanding one thing - a clear set of game rules. |
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Although the word Yukos seems to have ingrained itself into the consciousness of most businesses eyeing Russia, the main effect that the court case had was not the dismantling of Yukos itself, but the regulatory issues unearthed in the process. |
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To add to the $1.25 billion Baltic Pearl investment project, the biggest foreign investment in St. Petersburg, China has recently delighted the city in a string of new projects that could make the eastern neighbor Russia's new best investor-friend. Chinese telco giant Huawei Technologies announced Thursday that it would invest $3 million into the development of St. |
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To add to the $1.25 billion Baltic Pearl investment project, the biggest foreign investment in St. Petersburg, China has recently delighted the city in a string of new projects that could make the eastern neighbor Russia's new best investor-friend. |
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St. Petersburg has become a magnet for foreign carmakers eager to set up shop in Russia, and has every chance of turning into the country's automobile production center in the near future. The first to join the Ford factory that has operated in the city's suburbs for over three years, will be Toyota, whose assembly plant begins construction in Shushari this week. |
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St. Petersburg has become a magnet for foreign carmakers eager to set up shop in Russia, and has every chance of turning into the country's automobile production center in the near future. |
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The energy sector may continue to be the most robust component of the economy, but Russian real estate is emerging as an attractive, albeit still volatile, investment option. Currently healthy macroeconomic growth and stability, a sure incentive for real estate investments, still vie with a complex legal system and questions over the country's political direction. |
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The energy sector may continue to be the most robust component of the economy, but Russian real estate is emerging as an attractive, albeit still volatile, investment option. |
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In March 2005, Russia's Supreme Court has ruled on the legitimacy of profits' tax concession that the Leningrad Oblast has provided for companies making qualifying investments in the region. The Court has upheld the previously issued decision of the regional court that invalidated the investment law the Oblast used to grant tax concessions. |
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In March 2005, Russia's Supreme Court has ruled on the legitimacy of profits' tax concession that the Leningrad Oblast has provided for companies making qualifying investments in the region. |
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Last year I lived in Riga, Latvia. Now I live in Ulan Ude, Russia. In many ways, these two places could hardly be more different, yet until relatively recently they were part of the same country. They were linked together as parts of the same centrally controlled political and economic system. |
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Last year I lived in Riga, Latvia. Now I live in Ulan Ude, Russia. In many ways, these two places could hardly be more different, yet until relatively recently they were part of the same country. |
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The purpose of the reform of communal housing services is to introduce market forces to the sector, which will undoubtedly lead to an improvement in the quality of the services. As regards water, heating and electricity, these are special cases because each are supplied by monopolies, but other services such as cleaning, plumbing, and electrician services are actively undergoing reform. |
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The purpose of the reform of communal housing services is to introduce market forces to the sector, which will undoubtedly lead to an improvement in the quality of the services. |
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The history of politics is the history of factions jostling for power, by methods seldom peaceful and rarely, if ever, honest. War is by far the preferred means of obtaining and augmenting domination of the political landscape and the enrichment of the ruling clique. |
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The history of politics is the history of factions jostling for power, by methods seldom peaceful and rarely, if ever, honest. War is by far the preferred means of obtaining and augmenting domination of the political landscape and the enrichment of the ruling clique. |
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PARIS/ ROME - Two former hostages, a French woman journalist held hostage in Iraq for five months and an Italian aid worker who was held for three weeks in Afghanistan, arrived back in their homelands at the weekend. Frenchwoman Florence Aubenas, 44, was freed with her driver, Hussein Hanun al-Saadi, on Saturday. |
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PARIS/ ROME - Two former hostages, a French woman journalist held hostage in Iraq for five months and an Italian aid worker who was held for three weeks in Afghanistan, arrived back in their homelands at the weekend. |
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HALLE, Germany/LONDON - World No. 1 Roger Federer warmed up for Wimbledon with a 6-4 6-7 6-4 victory over Australian Open champion Marat Safin to win his third consecutive Halle Open title on Sunday. The 23-year-old Swiss, who is also going for a third successive title at the All England Club starting June 20, produced another masterly performance on grass, his finesse and consistency proving too much for the powerful but erratic Russian. |
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HALLE, Germany/LONDON - World No. 1 Roger Federer warmed up for Wimbledon with a 6-4 6-7 6-4 victory over Australian Open champion Marat Safin to win his third consecutive Halle Open title on Sunday. |
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NHL Talks Proceed NEW YORK (AP) - The NHL and the players' association concluded 26 hours of small-group meetings on Friday and were to meet again Monday in Toronto. The two sides met over four days in New York, marking the sixth straight week of discussions. |
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NHL Talks Proceed NEW YORK (AP) - The NHL and the players' association concluded 26 hours of small-group meetings on Friday and were to meet again Monday in Toronto. |
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