Issue #1249 (15), Tuesday, February 27, 2007 | Archive
 
 
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LOCAL NEWS

U.S. FAILS TO EASE TENSIONS

MOSCOW — Foreign Minister Sergei Lavrov on Sunday dismissed Washington’s assurances that a planned missile defense system in Eastern and Central Europe was not intended to prevent an attack from Russia.

“The tracking stations and missile interceptors there are not needed because the trajectories of hypothetical missiles that could fly out of Iran and North Korea lie in an absolutely different direction,” Lavrov said in remarks carried on the TV Center channel.

Lavrov is the latest in a series of top Russian officials to criticize the system, which would include a radar installation in the Czech Republic and 10 missile interceptors in Poland in addition to a radar station and missile interceptors already deployed in Alaska.

Washington maintains that the system is designed to protect the United States and its NATO allies in Europe from ballistic missiles fired by so-called rogue states, such as Iran and North Korea.

 

FLOWER POWER

Alexander Demianchuk / Reuters

A model gets ready for a fashion show at the International Neva Shores Festival of Beauty held in St. Petersburg at the weekend. The event is traditionally held at the end of February.

‘GREEN’ FEARS DOG SOCHI’S 2014 BID

SOCHI — Persistent environmental concerns and the many facilities waiting to be built — including skating rinks, bobsled tracks, chairlifts and hotels — could sink Sochi’s bid to host the 2014 Winter Games, despite extensive government support.

That was the conclusion of the International Olympic Committee’s evaluating commission as it wrapped up a six-day visit to the Black Sea resort Friday.

RUSSIA QUESTIONS MORE IRAN SANCTIONS

UNITED NATIONS — In contrast to the United States, Russia is questioning the usefulness of additional UN sanctions against Iran, stressing that the goal was to reach a political solution to Tehran’s nuclear ambitions.

Moscow’s UN ambassador, Vitaly Churkin, raised questions Thursday in reaction to a new report from the International Atomic Energy Agency, the UN’s nuclear watchdog, that said Iran failed to meet a Feb.

 

ACTIVISTS PREVENTED FROM GIVING AWAY FOOD

Volunteers giving food to homeless people and street children in central St. Petersburg were stopped by police on Sunday, Fontanka.ru reported.

Members of the “Food, Not Bombs” group were giving out food outside Vladimirskaya Metro Station when the police intervened.

ILLNESS OF 2 U.S. CITIZENS PROMPTS POLICE INQUIRY

MOSCOW — Police are investigating the suspected poisoning of two U.S. citizens who were hospitalized in Moscow on Saturday.

Marina Kovalevskaya and her daughter, Yana Kovalevskaya, were rushed to the emergency room early Saturday. Doctors at the Sklifosovsky First Aid Institute detected signs of poisoning, but had not identified any specific poison, a law enforcement source told Interfax on Saturday.

 

IN BRIEF

Miner Dies in Pit

ST. PETERSBURG (MT) — One miner died when a shaft collapsed at the Dzerzhinsky pit in the Kemerovo region, Valery Korchagin, chief spokesman for the regional branch of the Emergency Situations Ministry, told Interfax on Sunday.


All photos from issue.

 

NATIONAL NEWS

$2.9 BILLION TO GO ON COMBATING DISEASE

MOSCOW — The Cabinet has tentatively approved a $2.9 billion program aimed at raising the country’s life expectancy by tackling AIDS, diabetes, tuberculosis and other diseases.

Health and Social Development Minister Mikhail Zurabov trumpeted the HIV portion of the program as “an essential step forward.

 

IN BRIEF

‘Satanic’ Luzhkov Sued

ST. PETERSBURG (SPT) — The organizers of Moscow’s banned gay parade on Monday filed a lawsuit against the city mayor Yury Luzhkov for publicly calling the parade “satanic,” MosNews.


 

LOCAL BUSINESS

AEROFLOT DOWNCAST ON BOEING

MOSCOW — Talks on a multibillion-dollar deal for Aeroflot to buy 22 Boeing 787s are on hold, and frosty relations between Russia and the United States could be to blame, an Aeroflot official said.

Aeroflot management last year asked the government — the company’s controlling shareholder — to approve a deal to upgrade its long-range fleet by buying 22 Boeing 787s and an equal number of Airbus A350s.

 

BANK ST. PETERSBURG TO FINALLY SETTLE DOWN

A 25-floor office building for Bank St. Petersburg is planned as the architectural center of an “A-Class” business area comprising 150,000 square meters of office space to be complete by 2012, one of the largest projects of its kind in the city, developer Setl City said last week in a statement.

IN BRIEF

Sberbank Assets

ST. PETERSBURG (SPT) — Northwest Bank of Sberbank Rossii increased assets by 45 percent last year up to 298 billion rubles ($11.38 billion), Interfax reported Thursday.

Net profit increased by 70 percent up to 6.6 billion rubles ($252 million).

 

RUSSIA’S KRASAIR SEALS MALEV DEAL

BUDAPEST — Hungary’s privatization agency said it agreed to sell national airline Malev to Russia’s KrasAir for 200 million forints ($1.04 million) and the buyer also agreed to inject 50 million euros ($66 million) into Malev.

ADVISING THE GRADUATE

Matvei Pirozhenko, head of the St. Petersburg branch of Pedersen & Partners executive search firm, suggested that the main difference between MBA graduates and candidates with similar work experience but no MBA diploma comes down to the salary. Managers believe that as Masters of Business they will ultimately earn more money.

 

YOUNG AND RESTLESS

Young specialists are often welcomed into a company by their more experienced colleagues with the saying: “Forget everything that you were taught at university.

EVALUATING A JOB OFFER: 6 STEPS TO CONSIDER

After spending a year or two tied to your books, case studies and presentation notes, you’ve finally earned that MBA you’ve been striving for. So what next?

Knowing that you’ve received numerous job offers is flattering and just what you’ve been aiming for as a graduation goal.

 

THE BUSINESS READER

According to him, the book’s famous dictum “A penny saved is a penny earned” ushered in what is today a major literary trend.

Franklin’s book was followed by an increasing volume of what may be called ‘business advice,’ advice to businessmen who normally either run their own business, or are trying to start a business.

FINDING THE BEST LECTURER FOR YOU

Russian professor or foreign theorist, classic academic versus experienced practitioner — when it comes down to getting your MBA who will do the best job? To simplify the choice we asked local business schools and ex-students to highlight some differences.

The Stockholm School of Economics in St. Petersburg acts as “an importer” of European education. As well as offering a European diploma, up to 85 percent of its lecturers are foreign nationals, said Svetlana Rakutina, head of the academic programs department at SSE in St. Petersburg.

It is logical since students on an International EMBA program “need theoretical knowledge and to know how international business is run,” she said.

 

SIPHONING OFF THE STRATEGISTS

Why did you start studying at a business school?

I work in a family business and manage rather a large department. Also, I have responsibilities in other areas.

SETTING THE RIGHT PRIORITIES

High-quality business education is good at the right time and for the right people. Alexander Krasovsky, vice-president for strategic development at BAC Int., a Moscow based IT company, began his studies at Kingston University Business School, when he was a manager at Avaya (formerly Lucent Technologies).

 

WOMEN UNFAZED BY THE RISIBLE REWARD

There are many reasons, historically speaking, why women earned less than men. Most of them relate to the patriarchal family and the unpaid domestic labor a woman was deemed destined to be responsible for.

A GOLDEN OPPORTUNITY

The fact is, business school is expensive, so many prospective MBA candidates in Russia want to make sure their choice will provide a decent financial return. The QS World MBA Tour, which comes to Moscow on 5 March, travels with over 40 local and international MBA programs, so those wondering just how good an investment b-school can be can find out from the school directors themselves.

 

FINANCING AN MBA: THE TANGIBLE LIMIT

How does one find the money for an MBA degree? Is it better to get a loan or ask your employer to finance it? Or is it really possible to get a scholarship? These are the frequently asked questions that most MBA applicants need answering.

Former Soviet-Sphere Countries Face Up to Business Education Conundrum

As the leaders of the Gdansk Foundation for Management Development (GFMD) are proud to point out, it offers the oldest MBA program in Poland.

Now run in co-operation with RSM Erasmus University of the Netherlands, the course bows to local needs by offering 30 per cent of its content in Polish, although the school demands a high level of English.


 

OPINION

ONE COLD WAR WAS ENOUGH

There has been much misinterpretation in the West since President Vladimir Putin’s recent speech at the Munich Conference on Security Policy. From the reaction of some Western journalists and politicians, one would think that the president wished to ignite a blast of anti-American rhetoric that would spark another Cold War.

 

MISGUIDED MISSILE POLICY

Fifteen years after the Cold War’s end, it would seem that everyone should know better. But the tone-deaf plan of President George W. Bush’s administration to station parts of a missile defense system in Eastern Europe and Moscow’s snarling response show that all sides could use a refresher course in diplomatic sense and civility.

GRANDMASTER PUTIN

Ilya Nyzhnyk, a 10-year-old Ukrainian chess prodigy who holds a teddy bear when he plays, crushed opponents during the recent Moscow Open with his unpredictable moves. President Vladimir Putin, minus the teddy bear, is doing something of the same. He made a series of three interconnected moves that were dramatic, sudden, but not entirely unpredictable.

 

TELEVISION IS HELPING STALIN REACH THE YOUNG

The ghost of Josef Stalin is haunting Georgia again. The former Soviet strongman has returned to his home country as a “televisual” apparition and has seriously spooked some of the country’s top politicians.

Neither Young Nor Restless

Revelations can strike anywhere, including Moscow’s public transportation system. When I got into a taxi-van recently, the driver, a nondescript young man in a stocking cap, glanced over his shoulder and laconically warned, “Don’t slam the door, gramps, it’ll stick shut.”

Gramps?

Since Russian demography and sociology both interest me, I asked the driver why he had chosen this particular form of address.


 

WORLD

UN: ‘SERBIA DID NOT COMMIT GENOCIDE’

THE HAGUE — The highest UN court cleared the Serbian state on Monday of direct responsibility for genocide in Bosnia during the 1992-95 war, but said it had violated its responsibility to prevent genocide.

Bosnia had asked the International Court of Justice (ICJ) to rule on whether Serbia committed genocide through the killing, rape and ethnic cleansing that ravaged Bosnia during the war, in one of the court’s biggest cases in its 60-year history.

 

SCORSESE FINALLY WINS ON HOLLYWOOD’S BIG NIGHT

LOS ANGELES — Martin Scorsese, the creator of “Raging Bull” and “Taxi Driver,” finally won Oscar recognition on Sunday but he had to share the spotlight with politician Al Gore, regal actress Helen Mirren and Cinderella story Jennifer Hudson.


 

SPORT

SPORTS WATCH

Ullrich Quits Cycling

HAMBURG, Germany (AP) — Former Tour de France champion Jan Ullrich retired from cycling Monday amid continuing investigations of his alleged role in a Spanish doping scandal.

The 33-year-old German, who won the Tour in 1997 and was runner-up five times to Lance Armstrong, said he will stay in the sport as a consultant for the Austrian-based Volksbank team.

 

BRAWLING TO BE PROBED AS CHELSEA WINS LEAGUE CUP

CARDIFF — Chelsea manager Jose Mourinho said it was a pity his side’s League Cup triumph over Arsenal had been marred by a mass melee among players in the last 10 minutes on Sunday.

England Flop Raises Coach Question

LONDON — Brian Ashton’s honeymoon period is well and truly over as the man who appeared to have rejuvenated England three weeks ago is now responsible for overseeing their worst-ever Six Nations championship defeat.

Ashton was praised to the heavens after picking an exciting team who repaid his faith by thumping Scotland 42-20 in his first game in charge.



 
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