Issue #713 (80), Tuesday, October 16, 2001 | Archive
 
 
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LOCAL NEWS

MILLER: GAZPROM WILL SELL OFF NTV

MOSCOW - Six months to the day after Gazprom-appointed management staged a hostile takeover of NTV television, the national network stood once again at a crossroads Sunday.

Gazprom head Alexei Miller announced Friday that the state-controlled gas giant would sell its media assets, including NTV, either separately or as a holding.

 

MAKING A LIVING BY FINDING LIARS

MOSCOW - It's no secret that the country's high-tech military plants have been forced to churn out pots and pans to make ends meet. But the connection between military and civilian technologies works both ways, and once-classified devices have found their way into the commercial sector.


All photos from issue.

 

NATIONAL NEWS

IN BRIEF

Election Voided

ST. PETERSBURG (SPT) - Sunday's vote for the State Duma mandate from the 209th district has been declared invalid due to low voter turnout, Interfax reported Monday.

Only 22.5 percent of eligible voters participated in the poll, short of the 25 percent required to validate the election, City Election Commission Chairperson Alexander Garusov told the news agency.

 

IN BRIEF

Bush Backs Expansion

BRUSSELS, Belgium (Reuters) - U.S. President George W. Bush is more strongly committed than ever to the eastward enlargement of NATO in view of the Sept.


 

LOCAL BUSINESS

IMF, RUSSIA IN MUTUAL ADMIRATION SOCIETY

MOSCOW - It certainly hasn't been a model marriage. And their 10th anniversary isn't until next year. But Russia and the International Monetary Fund are already exchanging gifts.

The tokens of esteem? From Russia came a promise of early loan repayments, while the IMF reciprocated with praise and renewed vows of commitment.

 

WORLD BANK LOANS HIT SNAG OVER CONSULTANCY

A Russian consultant to World Bank programs in Russia rakes in $1,700 a month. A Western consultant earns about $6,000.

The government has a big problem with the amount of those salaries for technical assistance - such a big problem that it may freeze all World Bank programs, which make technical assistance a mandatory component of its loans.

TELECOMS PLAN DRAWS MINISTERIAL RED FLAG

MOSCOW - More than a year after telecommunications industry consolidation began, the Antimonopoly Ministry has finally voiced a complaint about the government-driven program, claiming the process is not transparent.

Antimonopoly Minister Ilya Yu zha nov said that state telecoms holding Svyaz invest and the Communications Ministry were conducting closed procedures and not providing the ministry with enough documentation to judge fairly the progress of restructuring.

 

NOBEL WINNER POINTS TO RUSSIA'S CATCH-22

AMONG the three American professors who won this year's Nobel Prize in economics is Joseph Stiglitz of Columbia University. Russia-watchers will remember Stiglitz's controversial three-year stint as chief economist of the World Bank, a period that saw rolling financial disasters domino their way from Thailand to Indonesia to Russia.

IT'S BAD TO PRY, BUT OFTEN GOOD TO ASK

THE world around us is full of interesting people and we should always consider ourselves lucky to live at the right place and time for meeting them. A person sitting across from us on the subway is quite likely to have lived a life containing more twists than in the plot of a novel sold at the next station.

 

NEW LAW SET TO REGULATE THE REGULATORS

ON Aug. 8, 2001, President Vladimir Putin signed the federal law "On the Protection of the Rights of Legal Entities and Individual Entrepreneurs During the Performance of State Regulation (Supervision).

AKSONYENKO STRIKES AGAIN WITH SAKHALIN BRIDGE

THE government has given the nod to a plan to construct a bridge linking the mainland with the Far Eastern island of Sakhalin. The plan was developed by the Railways Ministry, headed by Nikolai Aksyonenko. The 10-kilometer bridge and 570-kilometer railway link will take about eight years to build at a cost of $4.

 

WORLD WATCH

Siemens Cuts

FRANKFURT, Germany (AP) - Siemens AG said Monday it would cut 7,000 more jobs by October 2002 from its fixed-line and mobile-telecommunications divisions, and close, sell or transfer half of the fixed-line division's 20 production facilities.

Russia Less Susceptible to World Economy's Ills

As major global economies struggle to ward off recession following the terrorist attacks against, and continued retaliatory strikes by, the United States, Russia is shaping up to show the world that it will not only emerge unscathed but perhaps come out on top. Staff writer Valeria Korchagina reports.


 

OPINION

SIX PRINCIPLES FOR FIGHTING AGAINST TERRORISM

Editor,

In the aftermath of the tragic events of Sept. 11 and the military strikes against Afghanistan, the danger looms of an endless cycle of violence and retribution. Experience shows that an effective campaign to address the situation should be guided by six main principles.

 

CAN RUSSIA HOPE FOR PARTNERSHIP WITH U.S.?

RUSSIANS were horrified by the events of Sept. 11, a reaction that was reflected in President Vladimir Putin's initial emotional response on the day of the attack: "Americans, we are with you.

TIME PASSES, AND, UNFORTUNATELY, PEOPLE FORGET

MAYBE it is just the result of the end-of-summer mood. Maybe our leaders have finally gotten tired of pouring dirt over one another. Whatever the reason, I've definitely noticed that over the last few weeks there has been almost no outward tension between Governor Vladimir Yakovlev and Northwest Region Governor General Viktor Cherkesov.

 

CHRIS FLOYD'S GLOBAL EYE

"Every nation has a choice to make. In this conflict, there is no neutral ground."

- George W. Bush, Sunday, Oct. 7, 2001.

"These events have divided the world into two camps, the camp of the faithful and the camp of the infidel.


 

WORLD

IN BRIEF

Power of Information

STOCKHOLM (AP) - Three Americans won the Nobel prize for economics on Wednesday for developing ways to measure the power of information in a wide range of deals and investments, from used-car sales to the recent boom and bust of high-tech stocks.

The award extends U.S. dominance of the prestigious Nobel awards, with eight Americans winning prizes so far this year, one more than in 2000.

George A. Akerlof of the University of California at Berkeley, A. Michael Spence of Stanford University and Joseph E. Stiglitz of Columbia University will share the economics prize, which is worth $943,000 this year.

Their theory on "asymmetric information" was lauded for giving experts an important tool for gauging how players with differing amounts of information influence financial markets and everyday transactions.

 

DANES BID CITY A FOND FAREWELL

What is immediately striking when meeting Danish Consul General George Rasmussen is the warm welcome he and his wife, Lone, extend to all visitors to what has been their home during his posting to the city, the Danish Consulate on Kammeny Island.

PUSHKIN'S PREDECESSOR SUFFERS UNJUST NEGLECT

While many Russian writers have succeeded in having statues erected in their honor all over the country, and having streets or even towns named after them, the 18th-century poet Gavrila Derzhavin has only managed to get a dingy alleyway to bear his name.

 

WORLD WATCH

Failing Grade

BUENOS AIRES, Argentina (AP) - Argentine voters rebuked President Fernando De la Rua for his handling of the country's economic crisis, propelling opposition Peronists to gains in congressional midterm elections.



 
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