Issue #1408 (72), Tuesday, September 16, 2008 | Archive
 
 
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LOCAL NEWS

‘NON-POLITICAL’ CITY RALLY TIGHTLY POLICED

With St. Petersburg authorities attempting to stifle protest against Governor Valentina Matviyenko’s town-planning policies, organizers chose to turn Saturday’s March for the Preservation of St. Petersburg into a stationary meeting near Yubileiny Sports Palace.

 

PRESIDENT PROMISES HELP FOR MARKETS

MOSCOW — President Dmitry Medvedev on Monday promised extra liquidity to heal falling Russian stock market, but denied Russia was in crisis or nearing it.

IN BRIEF

Drug, Rape Arrests

ST. PETERSBURG (SPT) — Police arrested a suspected drug dealer from Tajikistan allegedly carrying more than 23 kilograms of heroin disguised as washing powder, Interfax reported.

The man was seized during a special raid while driving a car filled with narcotics.

 

RUSSIAN BELLS RING AFTER 80 YEARS AT HARVARD

MOSCOW — A set of church bells rang out for the first time Friday after being returned to Moscow’s oldest monastery from the United States nearly 80 years after they were sold off as scrap under Stalin.


All photos from issue.

 

NATIONAL NEWS

PARDONS, PAROLES FALL SHARPLY UNDER PUTIN

Russian authorities did not parole a single convict.

Forty-seven percent of Russians asked by the influential state-run polling agency VTsIOM in the first week of September said they would under no circumstances agree to Mikhail Khodorkovsky’s plea for parole.

 

RUSSIAN FORCES WITHDRAW FROM POTI REGION

POTI, Georgia — Russian troops withdrew from the region around Georgia’s Black Sea port of Poti on Saturday, within a Sept. 15 deadline set for the first phase of a pullback brokered by France.

In Brief

Heating Switched On

ST. PETERSBURG (SPT) — As temperatures plunge, regular central heating in residential property is due to start next week, while test heating begins this week in kindergartens, schools, hospitals and other state-funded social and medical institutions, Governor Valentina Matviyenko said at a news briefing on Monday.


 

LOCAL BUSINESS

NEW HOLLAND PROJECT SEEKS NEW DEADLINE OF 2012

New Holland, a triangular artificial island and former closed military facility that is being redeveloped as a multifunctional center, was revealed at the weekend to a delegation of VIPs, including David Lewis, Lord Mayor of the City of London, and William Elliott, British Consul General in St. Petersburg.

“We feel that the guests from Great Britain want to share the atmosphere of being part of this project, which is being realized by the British architect Lord Norman Foster,” said Tatiana Protasova, executive assistant to the senior project manager.

Founded by a decree of Peter the Great in 1721, New Holland, which has an area of over 7.

 

FINNISH RESULT

ALEXANDER BELENKY / The St. Petersburg Times

Visitors at the Kymleno exhibition of Finnish cottages in the Vsevolozhsk district on Monday. The exhibition, which aims to demonstrate Finnish cottage design to Russian buyers, runs through Nov. 9.

IN BRIEF

Aeroflot Hit by Crash

ST. PETERSBURG (Bloomberg) — Aeroflot, eastern Europe’s biggest airline, declined in Moscow trading after an airliner in its Aeroflot Nord unit crashed on Sunday, killing 88 people.

Aeroflot dropped as much as 4.95 rubles, or 7.6 percent, to 60 rubles and was down 2.7 percent as of 11:23 a.m. Monday in the Russian capital, where the company is based.

UKRAINE TO REDUCE BUDGET GAP

KIEV — Ukraine’s 2009 budget deficit is to be cut to 1.4 percent of gross domestic product from 2 percent this year, Finance Minister Viktor Pynzenyk said Saturday.

Pynzenyk, addressing a Cabinet meeting, also said spending on servicing and repaying state debt in 2009 would hit a record level of 28.2 billion hryvnas ($5.81 billion).

Prime Minister Yulia Tymoshenko briefly addressed the meeting, but she made no mention of Saturday’s deadline to reconstitute the Orange coalition underpinning the country’s pro-Western leadership after its collapse last week.

“The budget deficit is to stand at 1.4 percent of GDP,” Pynzenyk told ministers. “Budget revenue in 2009 is to be 285 billion hryvnas .

 

RECORD $47.9 BILLION PLANNED FOR DEFENSE

MOSCOW — Spending on arms will rise to a record $47.9 billion next year, Deputy Prime Minister Sergei Ivanov said Friday, as the Kremlin moves to beef up the armed forces after a conflict in Georgia.

Enel’s Chief Not Worried About Projects Amid Political Turmoil

SREDNEURALSK, Sverdlovsk Region — The head of Italy’s Enel, Fulvio Conti said Saturday that he saw no political risks facing his company in Russia, despite Moscow’s weakened relations with the West after last month’s war in Georgia.

“There are no reasons for the political situation to impact our projects.


 

OPINION

HOW TO REVIVE INVESTOR CONFIDENCE

Russia’s benchmark RTS Index has dropped nearly 50 percent since peaking on May 19 and nearly 30 percent since the outbreak of war with Georgia over South Ossetia. Addressing ongoing declines last week, President Dmitry Medvedev and other officials promised that the government has the power to return the market to previous highs and blamed the drop on the financial crisis under way in the United States.

 

FOUR WARS IN ONE

A friend of mine in New York gets his hair cut by a Russian emigre barber. When asked his opinion of former Yukos CEO Mikhail Khodorkovsky, the barber replied, “He forgot what country he was living in.


 

WORLD

Mugabe to Share Power With Enemy Tsvangirai

HARARE — Zimbabwe’s President Robert Mugabe signed a power-sharing agreement with opposition rival Morgan Tsvangirai on Monday, relinquishing some of his powers for the first time in nearly three decades of iron rule.

The deal followed weeks of tense negotiations to end a deep political crisis compounded by the veteran leader’s disputed and unopposed re-election in a widely condemned vote in June.


 

SPORT

IN EUROPEAN SOCCER, EAST FACES RICHER WESTERN RIVALS

BELGRADE — Forced to sell off their best players to keep afloat, many eastern European soccer clubs found themselves easy prey for wealthier rivals from the continent’s top leagues in the early rounds of the Champions League and UEFA Cup.

Only six teams from eastern Europe have reached the Champions League group stage, which starts on Tuesday.

 

RONALDO GETS GOLDEN BOOT

ROME — Manchester United’s Cristiano Ronaldo believes he changed the game by scoring 31 goals from midfield in the Premier League last season to win the European Golden Boot award.

‘BABY SCHUMI’ IS F1’S YOUNGEST WINNER

MONZA, Italy — Sebastian Vettel provided an answer on Sunday to all those wondering how German Formula One fans could ever replace Michael Schumacher in their affections.

The 21-year-old, dubbed “Baby Schumi” by his national media, won the Italian Grand Prix to become the sport’s youngest winner and the first German to triumph since Schumacher retired in 2006.

 

HOMESICK KUZNETSOVA RETAINS FED CUP FOR RUSSIA

MADRID — Russia lifted the Fed Cup for the fourth time in five seasons on Sunday after Svetlana Kuznetsova beat Spanish number one Anabel Medina Garrigues and their doubles pair completed a whitewash.

Kazan Tops Table

MOSCOW — Russian premier league leader Rubin Kazan moved a step closer to its first title by beating Dynamo Moscow 1-0 in the top-of-the-table clash on Sunday.

Former Ukraine striker Serhiy Rebrov, who joined Rubin from Dynamo Kiev in March, scored in the second minute to give the Kazan side 45 points from 21 matches and a nine-point lead over second-placed Dynamo.



 
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