Issue #685 (52), Tuesday, July 10, 2001 | Archive
 
 
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LOCAL NEWS

WORLD BANK FOCUSES ON LEGAL REFORM

James Wolfensohn managed to keep himself busy during the first two days of his week-long visit to Russia.

The president of the World Bank flew into town Sunday, opened the organization's four-day conference on law and justice at the Tavrichesky Palace, and then spent part of the evening socializing with the Mariinsky Theater's artistic director Valery Gergiev.

 

REPORT: UKRAINE EXTRADITES ASTORIA HITMEN

Police have extradited three unidentified men from Odessa, Ukraine, in a move that seems certain to provide new evidence and fresh scandal in the complex criminal case of noted local businessman Mikhail Mirilashvili, according to a July 6 article in Kommersant.

Unity To Hold Charity Concert For the Victims of Lensk Floods

The St. Petersburg branch of the pro-Kremlin Unity party has arranged a charity concert for victims of the eastern Siberian floods that virtually destroyed the remote town of Lensk in Yakutiya in May.

The concert will take place on July 10 at the Beloselskikh-Belozerskikh Palace, which seats about 250, and will feature the renowned Mariinsky singer Diana Yafarova.


All photos from issue.

 

NATIONAL NEWS

LAWMAKERS APPROVE REVISED MEDIA LAW

MOSCOW - In two final readings held on Friday, the State Duma passed a bill limiting foreign ownership in the country's most influential media - national television channels - while giving foreigners a free hand in press, radio stations and regional television channels.

 

ASSAULT ON MEDIA-MOST CONTINUES

MOSCOW - Prosecutors have frozen the ownership of Media-MOST's headquarters and seized Vladimir Gusinky's Mercedes, as part of a continuing drive by Gazprom to take over Gusinsky's media empire.

CHECHEN MAYORS RESIGN OVER 'CLEANUPS'

MOSCOW - Large-scale "cleansing" operations by federal troops in two Chechen villages last week sent thousands of civilians fleeing to neighboring Ingushetia and prompted the mayors of the villages to quit, Chechen officials and human rights activists said.

 

TRAVELERS, LOCALS BUGGED BY MYSTERY ILLNESS

St. Petersburg has never been a hospitable place for sensitive stomachs.

Historically, the most common traveler's complaint is giardiasis, an illness found throughout the world resulting from ingestion of the water-borne parasite giardia.

CRISIS AT CITY ZOO SIMMERS ON

The long-simmering controversy over the management of the Leningrad Zoo continues, and now Northwest Region Governor General Viktor Cherkesov has stepped in, bringing the matter to a boil.

The zoo crisis has led many of its leading zoologists and biologists to threaten resignation unless the crisis is resolved in favor of the current management.

 

IN BRIEF

Train Pile-Up

LENINGRAD OBLAST (SPT) - Three freight trains collided at Zaborye station, on the border of the Leningrad and Vologda oblasts, 35 kilometers to the east of St.


 

LOCAL BUSINESS

DUMA HITS KREMLIN WITH FOREX PROPOSAL

MOSCOW - Not waiting for the government's version, parliament's budget committee Monday surprised the state by recommending its own bill to lower the amount of hard-currency proceeds exporters have to sell.

The committee urged State Duma deputies to pass in one session all three readings of its version of the law, which lowers mandatory currency sales for exporters to 50 percent from 75 percent - and removes special privileges for oil companies.

 

5 BANKS MAKE TOP-1,000 LIST

MOSCOW - Five Russian banks are among the top 1,000 in the world by core capital, according to an annual list published by the London-based magazine The Banker.

RUSAL GETS ENERGO SPOT IN A 3-WAY COMPROMISE

MOSCOW - A former Russian Aluminum executive has been elected to run Irkutskenergo, ending months of wrangling for control of a key utility that powers two of the country's largest smelters.

In a compromise deal with other major shareholders of Irkutskenergo - including rival Siberian-Urals Aluminum Co.

 

GAZPROM SHARES GET NORTHERN TRADE OPTION

The monopoly on trading in Gazprom shares held by the Moscow Stock Exchange was weakened on Monday when a major stock depositary began doing business in St.

IN BRIEF

Data Revised Upward

MOSCOW (AP) - Russia's consumer price inflation, gross domestic product and the government's budget surplus will be higher than initially forecast, First Deputy Finance Minister Alexei Ulyukayev said on Monday.

GDP will likely rise 5 percent this year, instead of the expected 4 percent, as inflation and the budget surplus burst past earlier expectations, Interfax reported him as saying.

 

FAR NORTH STILL RESOURCE RICH, BUT JOB POOR

MOSCOW - Its inhabitants are leaving in droves and its natives are facing extinction. Those that remain suffer from chronic unemployment, perennial power crises and dependence on a tenuous life-supporting supply line that snakes thousands of kilometers across some of the most extreme terrain on earth.

MARKET ASSOCIATION RATES TOP BROKERAGES

MOSCOW - The major Moscow brokerages came out on top of an annual rating of the nation's most reliable investment houses by the National Association of Market Participants, or NAUFOR, released this week.

NAUFOR rated its 900 members on three main factors.

 

AEROFLOT BOARD CALLS MEETING

MOSCOW (SPT) - Aeroflot's directors voted on Monday to call an extraordinary shareholders meeting to elect a new board.

"The board of directors decided that there is no reason to reject the initiative to call an EGM that came from a new shareholder," Anatoly Brylov, secretary of Aeroflot's board, said by telephone.

IN BRIEF

Air Alliance

ROME (AP) - Seeking to strengthen its international presence, Alitalia's board of directors gave the go-ahead Monday for the Italian airline to forge a commercial alliance with Air France and Delta.

The board authorized management to begin exclusive talks with the two airlines on cooperation in marketing and other services.


 

OPINION

SORTING OUT THE SIDES IN OBLAST ALUMINUM

Last week the Leningrad Oblast administration rejected a plan for the construction of an aluminium plant in Vsevolozhsk, a town 15 kilometers to the northeast of St. Petersburg. The project had been proposed by the British company Astromex, which is controlled by Alexander Sabadash.

 

WHY DOES THE STATE NEED BLACK MONEY?

The State Duma is debating a bill designed to prevent the legalization of income received by criminal means. And the deputies are arguing over whether monies that have been hidden from tax collectors count as income received by criminal means.

UPTURN MAY BE MORE THAN JUST A FALSE START

The summer of 2001 is proving sweet to what had until recently seemed a seriously endangered species: the wild Russian bull. Suddenly, Moscow, London and New York are abuzz with Russia conferences and seminars. As foreign investors return to admire the resurrection, local brokers are again threatened with the twin ravages of sleep deprivation and liver failure - escorting investors through oil fields by day, through Moscow's grueling "cultural programs" by night.

 

FROM ONE DIEHARD BANYA LOVER TO ANOTHER

In response to "High on Health at the Banya," July 29.

Editor,

I enjoyed reading your article about banyas. In general, I thought it was well written and well researched.

EU AND U.S. NEED TO LEARN TO PLAY TOGETHER

THE European Union's decision Tuesday to block General Electric's takeover of Honeywell alerted Americans to the fact that Europe is an economic superpower. But it should have come as no surprise. The big question about the EU's future - and the one Americans should take note of - is how far its economic integration, which deepens every year, will push it to become a more powerful political and even military entity.

 

FIXING UP THE CITY FOR ALL THE WRONG REASONS

ANYONE who has been walking around St. Petersburg with their eyes open lately will have probably remarked on how much construction and renovation is taking place in the city.

LEARNING LESSONS FROM THE PAST

SURPRISE, surprise. I landed in Washington in the last week of June just in time to learn that Gazprom-Media boss Alfred Kokh was also in town, doing some more image polishing. My first thought upon hearing this was: "That's the end of Ekho Moskvy.

 

AUDIT CHAMBER REFORM HEADED THE WRONG WAY

WE have written many times that one of the crucial reforms needed at present - a reform that would go a long way toward strengthening and reinforcing all the other reforms that are so badly needed - is strengthening the Audit Chamber.


 

WORLD

FROM BUSINESSMAN TO DOCTOR

If you happen to need medical care this summer at the American Medical Center or at two of the city's public hospitals, your doctor could be assisted by a young-looking U.S. medical student named Matthew LeMaitre. Despite his appearance and rank (he's a second-year medical student), LeMaitre, 33, brings to the examination room much more experience than your average starry-eyed medical student.

LeMaitre made his first trip to St.

 

SEEING CHIZHIK PYZHIK IS A MONUMENTAL TASK

While summer is upon us and the city basks in a long spell of hot weather, both tourists and local residents are taking boat trips around the city's numerous waterways.

WORLD WATCH

'Human Bomb' Blast

GAZA, Palestine Authority (Reuters) - An Islamic suicide motorist blew himself up near an Israeli army checkpoint early on Monday, the first of several "human bombs'' Palestinian militants have vowed to unleash to avenge the killing of an 11-year-old boy.

 

SPORTS WATCH

Hockey Legend Dies

MOSCOW (AP) - Viktor Yakushev, a champion Soviet hockey player, died from injuries after a beating on a Moscow street, news reports said Saturday.



 
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