Issue #720 (87), Friday, November 9, 2001 | Archive
 
 
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LOCAL NEWS

KREMLIN PROBES MOVE FORWARD

MOSCOW - Audit Chamber chief Ser gei Stepashin turned up the heat on embattled Railways Minister Nikolai Ak syonenko this week, fueling speculation that the Yeltsin-era insider's career is over and a wider war on corruption is under way.

Stepashin said an audit by the chamber, the State Duma's budget watchdog, uncovered some $370 million worth of "misappropriations" and "inefficient use of funds" - diplomatic speak for embezzlement - by Aksyonenko's ministry last year alone.

 

OBLAST ELECTIONS ARE HEATING UP

Some Leningrad Oblast officials have charged that Governor Vladimir Ya kov lev is interfering in regional politics by backing a slate of candidates for the Leningrad Oblast Legislative Assembly elections, which will be held on Dec.


All photos from issue.

 

NATIONAL NEWS

IN BRIEF

Hungry Mirilashvili

ST. PETERSBURG (SPT) - A local businessperson charged with murder declared a hunger strike Thurs day, Interfax reported.

Mikhail Mirilashvili, head of the board of directors of the Conti group of casinos and the Petromir holding, "fully intends to fast until two conditions are fulfilled," said his lawyer, Yury Novolodsky, on Thursday.

 

MIGRANTS NEGLECTED IN MINISTRY SHUFFLE

MOSCOW - Two weeks after President Vladimir Putin abolished the Nationalities and Migration Ministry and passed some of its functions to the Interior Ministry, hundreds of thousands of refugees and millions of migrants are in limbo, as officials admit little preparation had been made for the reshuffle.

VISAS TO THE U.S. NOW HARDER TO GET

MOSCOW - Those who have struggled through the arduous visa application process in the past may find it hard to believe, but the U.S. Embassy is now being even "more vigilant" in its review of Russian applicants for non-immigrant visas, especially students, reported Consul General James Warlick.

 

PATRIARCH HOPES FOR UNIFICATION

MOSCOW - Patriarch Alexy II this week expressed a mixture of disappointment and understanding toward the New York-based emigre branch of the Russian Orthodox Church, which in recent days elected a new, moderate leader, but responded sternly to the Moscow Patriarchate's call for unity.

IN BRIEF

Raduyev in Court

MOSCOW (Reuters) - The most prominent Chechen rebel commander captured by Russia in the latest war in Chechnya goes on trial in the neighboring Russian republic of Dagestan next week, a court spokesperson said Thursday.

Salman Ra du yev earned notoriety by leading several bloody hostage-taking raids from Chech nya.


 

LOCAL BUSINESS

GOLDEN SIGNS ON FOR SOVINTEL

MOSCOW - Essentially sealing a long-awaited transaction, Golden Telecom announced Tuesday it had signed a memorandum of understanding to obtain full ownership of leading alternative operator Sovintel from national long-distance provider Rostelecom.

Under the memorandum, Golden Telecom, Russia's leading Internet provider, will pay $52 million in cash and 15 percent of its own stock for Rostelecom's 50-percent Sovintel stake. The deal was valued at around $105 million.

The acquisition will bring loss-making Golden closer to the black, while allowing the company to more aggressively build Sovintel's business, analysts said. Golden Telecom officials said its revenues would nearly double as a result of full ownership, although they added that they expected to break even in 2002 even without it.

 

MCDONALD'S CHIEF TOUTS GROWTH OF BURGER CHAIN

MOSCOW - The state used to put limits on Khamzat Khasbulatov's meat. As a restaurant manager in the planned economy of the Soviet Union in the 1980s, it wasn't up to him how many kilograms of beef he could cook up each week.

LONG-RUNNING HOTEL SAGA TAKES LATEST TURN

The Arbitration Court of St. Petersburg and Leningrad Oblast announced on Thursday that a suit to initiate bankruptcy procedings against the Inter-Hotel Petrograd joint venture, the company that is the legal owner of the yet-to-be-completed Northern Crown Hotel, had been withdrawn.

 

GAZPROM REGAINING CONTROL OF SIBUR

MOSCOW - Gazprom moved to rein in Sibur this week, saying it would retain its majority stake in the insolent petrochemical subsidiary and take control of its board.

Canadian Builders Eyeing Housing Market

MOSCOW - Canadian construction companies and their local partners are hoping to lure 10,000 middle-class families out of city apartments and into new suburban town-house developments over the next few years, according to a Canadian Embassy official.

The draw will be Canadian-style, wood-frame town houses, 10,000 of which are on track to go up on the outskirts of regional centers across Russia by 2005, said Valery Makarov, commercial officer at the Canadian Embassy.


 

OPINION

U.S. BUSINESS IS MAKING A KILLING IN THE WAR

CALL it the 9-11 aftershock. The Bush administration, switching to war footing, is treating the deepening economic crisis as a second casualty of the Sept. 11 attacks. President George W. Bush rushed through a $15-billion bailout to the airlines, promptly proposed ways the government would help shoulder insurers' losses from future terrorist attacks and quickly began promoting a $75-billion pump-priming package.

 

NOW WE'LL LEARN WHAT LESIN'S BEEN DOING

LAST week the media reported that the Press Ministry was among those state bodies whose activities had attracted the attention of the Audit Chamber and the Prosecutor General's Office.

ENOUGH PRACTICAL JOKES ALREADY

LAST week a meeting of the World Economic Forum took place in Moscow. Representatives of international banking circles descended on the Russian capital to discuss the indisputable achievements of the past three years. In fact, since the 1998 financial crisis, we have started to see economic growth, the standard of living rising somewhat and the middle class - comprising a little more than one-tenth of the population - once again starting to spend money.

 

THE POLICE SHOULDN'T BE IN CHARGE OF REFUGEES

SINCE President Vladimir Pu tin was inaugurated in May 2000, many of his moves have had observers wondering aloud about the careful strategic planning that must have preceded them.


 

CULTURE

PAINTING THE PORTRAIT OF AN ERA

Producing the portrait of an epoch is a challenging and thankless task, one that not every artist would even think of attempting. Most of the rare attempts are notably unsuccessful, such as Ilya Glazunov's kitschy and chaotic "Eternal Russia: Images of Russian History" or "The Market of Our Democracy.

 

CHERNOV'S CHOICE

Be sure to catch the last day of the Deboshir Independent Film Festival - Pure Daydreams 4, on Friday. That night director/actor Alexander Bashirov's festival of independent and low-budget films will close with a performance by ska-punk combo Leningrad.

just the ticket for great food

Every once in a while, it is fun to choose one of the city's "transition" neighborhoods and just wander around. I mean those pockets of the city where the winds of post-Soviet change are just beginning to blow and where Soviet style produkty stores ("V kassu!") rub elbows incoherently with shimmering boutiques and glistening hypermarkets.


 

WORLD

WORLD WATCH

More ETA Attacks

MADRID (Reuters) - A judge was shot dead on Wednesday in Spain's Basque region less than 24 hours after police said they had seized two members of an ETA cell blamed for a spate of recent attacks in Madrid, including a car bomb on Tuesday.

 

SPORTS WATCH

Ivanisevic Will Play

SYDNEY, Australia (Reuters) - Goran Ivanisevic, who battled past a shoulder injury to win Wimbledon, will play in the season-ending Tennis Masters Cup despite a freak accident in the shower.



 
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