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MOSCOW - While Moscow and St. Petersburg are hiking taxes to plug budget holes left by the new Tax Code, some of the country's other strong regions are scratching their heads wondering how to make ends meet next year. None of the regions knows how much money it will receive from the federal government because the nation's 2001 budget has not yet been ratified. |
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MOSCOW - As tensions grew in Yugoslavia ahead of contested runoff elections next weekend, President Vladimir Putin offered on Monday to preside over talks between the two embittered presidential candidates. |
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MOSCOW - Police said Friday they have busted a gang of armed carjackers, including three policemen, who flagged down expensive cars in Moscow and held their drivers hostage until the vehicles could be sold. The 10-member gang had managed to hijack and sell at least 10 vehicles since March before being arrested last week, said Kirill Mazurin, spokesman for the Criminal Investigation Directorate of the Moscow police force. |
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Manager Shot n ST. PETERSBURG (SPT) - Vla di slav Vasiliev, the 33-year-old manager of a firm called Toner was shot and later died Monday in central St. |
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The Central Electoral Commission has conducted an audit revealing that several of Russia's 89 regions are operating under legislation that is in contradiction to federal law, and has vowed to bear down on them to bring them in line with centralized nationwide norms. |
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Russia on Monday signed a contract with a Norwegian subsidiary of the Halliburton energy service company to help recover the remains of the 118 seamen who died aboard the Kursk submarine. |
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MOSCOW - Police have released two suspects in an international pedophile ring under an amnesty, because Russia does not have a special law against distributing child pornography, a police official said Friday. The international pedophile ring has dominated headlines in Italy this week after police there arrested eight of the group's clients and said they were investigating 1,700 people. |
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MOSCOW - The State Council, an advisory body set up as part of President Vladimir Putin's moves to curb the power of the regions, held its first session Friday with local leaders predicting it would play a big role in state affairs. |
 NEW DELHI - President Vladimir Pu tin, the first Russian leader to visit India in nearly eight years, flew to New Delhi on Monday to forge a "strategic partnership" with the world's most populous democracy, boost trade and sell arms. Putin's Il-96 touched ground at Delhi's military airport, Palam, at around 7 p. |
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WASHINGTON - The U.S. Supreme Court rejected on Monday an appeal by Exxon Mobil Corp. over the $5 billion punitive damages verdict against it for the 1989 Exxon Valdez accident, the nation's worst oil spill. The justices let stand a U.S. appeals court ruling that the award against the oil giant in a civil lawsuit brought by Alaskan fishermen and other plaintiffs should not be set aside because of irregularities during jury deliberations. |
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TOKYO - Japan's Mizuho Financial Group made its official debut on Friday as the world's first trillion-dollar banking group and said its goal was to join the ranks of the world's top five financial players. |
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THE RTS index was up 10.6 percent last week to 199.08 in sluggish trading, recovering some lost ground after three weeks of straight losses in which it shed 25 percent. The RTS index nose-dived to 179.98 from a high of 240.66 in the first three weeks of September. |
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LONDON - Oil prices moved higher on Monday, boosted by renewed tensions between Iraq and Kuwait and signs that the European Union will not follow the U. |
 The St. Petersburg regional administration unveiled its draft budget for 2001 on Friday, forecasting a budget surplus for the first time in the city's history, but grumbling about federal financial plans. Some analysts, however, raised questions as to how the City Finance Committee had arrived at its figures, and said that some of City Hall's bigger projects would still be drastically short of funding. |
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India's New Telecom NEW DELHI, India (AP) - The Indian government Sunday reportedly converted its monopoly fixed-line telephone service provider into a new telecom company that would compete with private enterprises. |
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MOSCOW - Powerful financial groups are taking over the nation's pipe-building plants. On Tuesday, the Petrokommerz bank and the financial group of Avtobank and Stilteks jointly announced the acquisition of a 36 percent stake in the Seversk pipe plant for $20. |
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MOSCOW - Russia's FSB domestic security service on Friday accused the country's second largest cargo airline of smuggling contraband consumer goods from China. |
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MOSCOW - No. 1 oil firm LUKoil has sold a large stake in second-tier television channel RenTV to national power giant Unified Energy Systems, a LUKoil official said. The source in LUKoil management, who did not wish to be identified, confirmed that a sale had taken place but would not reveal the size of the stake. |
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MOSCOW - A significant amount of crude oil has been found at a field located off the Far Eastern island of Sakhalin, U.S. oil giant ExxonMobil announced. |
 MOSCOW - Prompted by last year's widespread fraud at automatic teller machines within the Russian banking system, Europay has launched an ambitious new security system designed to protect its customers' private account information. Europay is the leading card payment company in Europe and manages the MasterCard brand, as well as the Eurocheck, Cirrus and Maestro automated payment systems. |
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MOSCOW - A New Zealand company that has a hefty chunk of this nation's dairy-product market is considering starting production in Russia for export. Officials of the New Zealand Dairy Board said last week they are impressed by the way the economy is developing and are thinking of expanding activities in the Commonwealth of Independent States. |
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MOSCOW - Managers of the Taganrog Pipe Plant spent the late summer months watching their plant's stock price soar - it climbed 730 percent in August alone - as unknown hungry buyers gobbled up every available share. Now that those buyers have revealed themselves - as subsidiaries of the financial powerhouse Alfa Group and the Ukrainian pipemakers Interpipe - Taganrog managers are offering alarmed defiance. |
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MOSCOW - A group of private clients of former banking giant SBS-Agro on Friday demanded a review of the terms of a deal drafted under the auspices of the state's Agency for Restructuring Credit Organizations, or ARKO, to settle the bank's debts. |
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THE House of Representatives Speaker's Advisory Group on Russia did not bother to involve any Democratic members and has timed the release of its report to have the maximum negative impact on Vice President Al Gore's presidential campaign. That's a shame, because the country very much needs to re-examine its Russia policy, and much of what the group, headed by Rep. |
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OTTAWA - In an unprecedented outpouring of grief, several thousand Canadians paid their last respects to former prime minister Pierre Elliot Trudeau as his coffin lay in state in Parliament on Sunday. As of Sunday afternoon, 15,000 Canadians paid tribute to Trudeau, police said. On Saturday, another 25,000 people packed Parliament until the early hours to pay a silent but highly emotional tribute to Canada's most influential and charismatic politician. Trudeau was prime minister from 1968 to 1979 and from 1980 to 1984. He died of cancer on Thursday in his hometown of Montreal at the age of 80. A state funeral will be held on Tuesday. Canadians young and old lauded the former prime minister. |
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 JERUSALEM - Fresh Israeli-Palestinian street battles flared early on Monday as President Clinton appealed for an end to the bloodiest wave of violence between the two sides in four years. |
 PRAGUE, Czech Republic - As the Czech capital recovered from raging street riots that disrupted the annual International Monetary Fund and World Bank summit, hundreds of protesters paraded through the streets Thursday and Friday in a peaceful celebration of their "win" over the international lending institutions. |
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Falun Gong Protests BEIJING (Reuters) - Hundreds of followers of the banned Falun Gong spiritual movement marred China's National Day celebrations Sunday with huge protests in a packed Tiananmen Square, witnesses said. |
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