Issue #671 (38), Tuesday, May 22, 2001 | Archive
 
 
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LOCAL NEWS

MANHUNT ON FOR OBLAST JAILBREAKERS

Twenty prisoners and detainees broke out of the remand jails of two police departments in the Leningrad Oblast early on Monday morning.

Ten of the escapees, who are all male, have already been recaptured, while the police have been joined by around 100 servicemen from Interior Ministry military units located in the region in the continuing search.

 

TRIAL BEGINS IN CASE OF REBEL ATTACK IN DAGESTAN

MAKHACHKALA, Dagestan - One early spring morning in Chechnya, a column of 48 servicemen left Vedeno for a town up in the mountains, but part way into the trip one truck's radiator overheated and the column came to a halt.

Documents Show Gazprom Assets a Family Affair

MOSCOW - Over the last decade, Gazprom executives have transferred to their relatives assets potentially worth billions of dollars in a series of murky deals, documents obtained by the The St. Petersburg Times show.

At the heart of this tangled corporate web lies a low-profile businessman named Mikhail Rakhimkulov and a joint-stock company called Interprocom which he registered in Budapest, Hungary, on June 15, 1989 - the same day former Soviet leader Mikhail Gorbachev was in Germany talking about tearing down the Berlin Wall.


All photos from issue.

 

NATIONAL NEWS

PUTIN OFFERS SOLUTION TO CHURCH DISPUTE

President Vladimir Putin cast his two kopeks on a St. Petersburg property dispute involving the local Swedish Lutheran community's battle to reclaim St. Catherine's Church from a gymnastics training school that has been operating in the cathedral since 1936.

 

MARIA FYODOROVNA TO BE REBURIED ALONGSIDE ROMANOVS

Three years after the belated burial of the remains of the Romanovs, Russia's last royal family, President Vla dimir Putin has approved the burial of yet another Romanov - Nicholas II's mother Maria Fyodorovna - whose remains are currently buried in Denmark.

NUCLEAR WORKERS RUNNING FOR NORMALITY

MOSCOW - It's not easy being "greenies."

More than 300 people who work in the nuclear industry took part in a 370-kilometer marathon Friday and Saturday in a bid to show the world that they are normal, healthy people who just happen to spend their days next to radioactive uranium.

 

IN BRIEF

Prosecutor Arrested

ST. PETERSBURG (SPT) - St. Petersburg police have arrested Nevsky District Deputy Prosecutor Valentina Smirnova on charges of bribe taking, Interfax reported Friday.


 

LOCAL BUSINESS

KREMLIN PLAN TO GIVE UES SHOT IN THE ARM

MOSCOW - The government over the weekend approved a sweeping overhaul of Unified Energy Systems that will see the state-controlled electricity giant spin off its national power grid and power stations into two holdings in three years.

The revamp, based on an Economic Development and Trade Ministry proposal, will lead to a doubling of electricity tariffs by 2004 but at the same time give the crumbling power industry a long-needed shot in the arm, Economic Development and Trade Minister German Gref said Saturday.

 

MINISTER ANNOUNCES BOLSTERED BASE WAGE

During a visit to St. Petersburg, Labor Minister Aleksander Pochinok announced Monday that Russia's minimum wage will be raised by 50 percent to 300 rubles ($10) July 1, according to a report by Interfax.

KREMLIN SETTING UP PETROLEUM HEDGE FUND FOR RAINY DAY

MOSCOW - The idea of setting up a rainy-day fund with oil revenues that was floated by President Vladimir Putin in his state-of-the-nation address last month continues to take shape.

Deputy Prime Minister Alexei Kudrin said Friday that the Finance Ministry was working on plans to set up a stabilization fund next year to reduce fluctuations in oil prices.

 

AEROFLOT OWNERSHIP A MYSTERY

MOSCOW - Aeroflot kept investors guessing about its ownership structure at its annual shareholders meeting Saturday as it voted in a new board of directors.

SEVERNAYA NEFT PLAYS ROLE OF LITTLE FIRM THAT COULD

USINSK, Komi Republic - About 200 kilometers north of the Arctic Circle is a petroleum war zone where Severnaya Neft is determined to leave its mark.

Severnaya Neft isn't LUKoil, Yukos or another typical vertically integrated oil company that acquired its assets through the privatization schemes of the 1990s.

 

CITY FOOD MEGASTORES SET TO MERGE

Aiming to rationalize their warehouse and stocking systems, as well as to offer lower prices, St. Petersburg's five largest supermarkets and groceries wholesaler Uniland-Neva plan to merge into one commercial network, to be called Unisam.

BETWEEN LAW AND CODE IS THE CLARIFICATION

As most of the foreign investors operating in Russia know, Russian law provides for certain benefits to a Russian company whose foreign investors make in-kind contributions into the charter capital of their Russian subsidiary. In particular, in accordance with Resolution of the Russian Government No.

 

CITY HALL LOSES OUT IN ASTORIA SHARE SAGA

The infamous 35 percent block of shares in the Astoria Hotel that has long been a bone of contention between various business groups and the city authorities no longer exists, ending a chapter in one of St.

WORLD WATCH

Vivendi Eyes MP3

NEW YORK (Reuters) - French media giant Vivendi Universal said Sunday it will buy its one-time foe MP3.com Inc. for about $372 million in hopes of bolstering its online music business.

MP3.com, which operates a music-download Web site and a series of other music services, represents one possible springboard for the distribution of music over the Internet for Vivendi Universal, which owns the world's largest record company, Universal Music Group.


 

OPINION

RISKY UNILATERALISM

THE United States at the end of 2000 was an unrivaled superpower presiding over a Pax Americana. But the new White House team seems determined to alienate and possibly lose America's friends abroad, while antagonizing other nations (notably China and Russia) so they turn into foes rather than partners.

 

WHERE HAS ALL OF THE MONEY GONE?

GAZPROM'S board of directors will vote by the end of the month on whether to offer Rem Vyakhirev another term as the company's CEO.

Vyak hi rev has directed Gazprom since its creation in 1992, but his tenure has been dogged by credible and unanswered accusations of mismanagement and asset-stripping.

A DO-NOTHING LEADER WHO'S ONE OF US

THE other day, an elderly woman who lives in my apartment building stopped me to ask a couple of questions. She was on her way to the pharmacy to buy medicine for her sick husband who has Parkinson's disease.

By law, my neighbor is entitled to receive all the necessary medicine for her husband for free.

 

BUSH IS HURTING ARMS CONTROL

LAST week, a high-level American delegation came to Moscow to discuss national missile defense as part of a global charm offensive. Even before the U.S.

War Correspondents: Helping To Make Sense of Chaos

YELENA Masyuk. Roman Ba ba yan. Arkady Mamontov ... The conflict zones - goryachiye tochki - war correspondents. These names and these words have become fused in our minds. Somehow they have become integral parts of our lives. And how many others are there, under fire, in the trenches? How many are there whose names we don't know?

I imagine that there are a lot of war correspondents out there who aren't interested in fame and accolades.


 

WORLD

FINDING PEACE OF MIND: WHERE TO GET HELP

Psychoanalysis and psychological diagnosis have become a part of everyday life in North America and Western Europe. Our language is full of psychological terms - schizophrenia and complex, paranoia and psychosis - and psychotherapy has become a common means of overcoming fears, depression and stress as well as deeper psychological illnesses.

 

HAPPY BIRTHDAY TO BRODSKY AND SHOLOKHOV

May 24 is the anniversary of the birth of two Russian Nobel Prize literature laureates of strikingly different ilks. May 24, 1905, was the date of birth of Mikhail Sholokhov, perhaps the greatest of all the writers who wrote with official sanction in the Soviet Union.

RUBLE AROUND TOWN

M

 

NAGORNY KARABAKH REACHING FOR COMPROMISE

A freelance writer based in New Jersey, Antranig Kasbarian has made several trips to Nagorny Karabakh since the region's territorial dispute erupted in violence in the early 1990s.

WORLD WATCH

Israeli Attacks by Air

GAZA (Reuters) - Israeli helicopter gunships unleashed a missile strike on Palestinian targets in the Gaza Strip Monday, prompting new Palestinian appeals for international intervention that Israel quickly dismissed.

No one died in the air attack, which Israel said hit a makeshift mortar bomb factory.

 

SPORTS WATCH

New Regulations

SALT LAKE CITY (AP) - Athletes with intellectual disabilities will not be allowed to compete in the 2002 Paralympics.

An International Paralympic Committee investigation concluded that two-thirds of the Paralympians with intellectual disabilities at the 2000 Sydney Paralympic Games did not have proper certification.



 
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