Issue #787 (52), Friday, July 19, 2002 | Archive
 
 
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LOCAL NEWS

YAKOVLEV TALKS UP ANOTHER TERM

St. Petersburg Governor Valdimir Yakovlev broke his silence on a hot topic Thursday and suggested that he could run for a third term, although the move would require tricky changes to the city's charter.

Speaking at the opening of a Russian-Italian investment forum, Yakovlev said he hoped "the population would help me get re-elected for a third term," Interfax reported.

 

PUTIN'S NEIGHBORS WITHOUT WATER

OGARYOVO, Central Russia - The Ogaryovo village along the prestigious Rublyovskoye Shosse has not had any cold water since Monday, and residents are furious.

Israeli Citizen Killed In Contract-Style Hit

Israeli citizen Eduard Lankin was shot to death Tuesday by an unknown assailant who cut him off as he was driving out of the courtyard at 28 Ulitsa Telezhnaya, jumped out of car, and riddled the driver's-side window of Lankin's car with bullets from an Uzi sub-machine-gun in what prosecutors say was a contract killing.


All photos from issue.

 

NATIONAL NEWS

Court Orders Racist Paper Shut Down

MOSCOW - A Moscow court has ordered that a tiny nationalist newspaper be shut down for inciting ethnic hatred with stories denigrating Jews, Asians and people from the Caucasus.

The decision was a victory for the Press Ministry, which, for the first time succeeded in banning a publication for breaking the law on mass media by running stories fomenting ethnic conflict.


 

LOCAL BUSINESS

ARMS EXPORTERS CRITICIZE UK

MOSCOW - State arms export agency Rosoboronexport on Wednesday criticized Britain for refusing to safeguard Russian jets at the Farnborough Air Show against possible seizure by a Swiss trading company.

Russian makers of Sukhoi and MiG fighters have decided to leave their aircraft at home, fearing a repeat of last year's embarrassment at France's Le Bourget air show, where Noga attempted to impound Su-30 and MiG-AT jets.

 

INDUSTRY FINANCING KEY TOPIC AT BANKING TALKS

The Seventh North-West Banking Conference began in St. Petersburg on Thursday, with the lack of cooperation between the industrial and banking sectors being the key topic of debate.

STATE WARNS EURO RISE MAY BE TEMPORARY

MOSCOW - The government warned dollar-hoarding Russians not to rush exchange points Tuesday as the dollar dipped lower than the euro for the first time in 2 1/2 years.

"In any situation, the main thing is to avoid abrupt movements," Alexei Volin, the Cabinet's deputy chief of staff, was quoted by RIA Novosti as saying. "Mass dumping of the dollar would be the greatest mistake now."

The Central Bank set Wednesday's official ruble rates at 31.48 to the dollar and 31.66 to the euro, pricing the European currency over the greenback for the first time since early 2000.

With an estimated $50 billion to $70 billion under their mattresses, Russians are believed to hold more dollars in cash than anyone but Americans, and tend to react quickly to any news that could affect the exchange rate.

 

STATE COUNCIL TO PROMOTE COAL

MOSCOW - The State Council wants coal to have a bigger role in powering the country and will give a report on the industry to President Vladimir Putin in August, a member of the council's working group on the coal industry said Monday.

COMPROMISE REACHED ON NEW UES REFORMS

MOSCOW - The government and both houses of parliament agreed to compromise on power reform-legislation Wednesday, with lawmakers accepting the government's blueprint in exchange for a number of conceptual changes.

"We are prepared to look at any amendments and honor those that coincide with the government's proposed aims," news agencies quoted Deputy Economic Development and Trade Minister Andrei Sharonov as saying in the State Duma.

 

STATE APPROVES TOURIST PLAN

MOSCOW - The government has approved a three-year tourism development plan aimed at increasing the number of tourists visiting Russia, the government press has announced.

Corporate Greed in America Pulls Russian Market Down

MOSCOW - The best-laid plans of Russia's biggest corporations are no match for the machinations of U.S. executives and the toll they are taking on the world economy.

Unlike most of the past decade, Russian companies are not suffering from problems of their own making - this time it is the "infectious greed" gripping American business culture, as U.


 

OPINION

CHOOSING BETWEEN THE STICKS AND THE CARROTS

AN increasing share of economic activity in Russia is moving under the control of fewer and more powerful oligarchs, as current economic growth is ever more dependent on commodities, in particular oil.

The government, therefore, has a problem in that it has to find a way to boost very significantly investment capital flows into the noncommodity parts of the economy to achieve higher annual GDP-growth rates that can be sustained in order to create a more diversified economy - both in terms of activity and ownership - by the end of the decade.

 

DEFENSE'S FINANCIAL WOES A SMOKESCREEN

MOSCOW is a deserted town in late July and August. Parliament is closed down for a lengthy recess, top bureaucrats tend to spend as much time at their dachas as possible and foreign diplomats leave to escape the scorching heat and gas fumes of downtown.


 

CULTURE

ELECTRONIC MAIL FROM GERMANY

Lali Puna, one of the finest bands on the alternative electronic music scene, makes its local live debut this Friday.

Combining pop-song structures, elaborate sound textures and an indie sensibility, the Munich, Germany-based band is fronted by Valerie Trebeljahr, who sings and plays keyboards, and features bassist Markus Acher, drummer Christoph Brandner and keyboard player Florian Zimmer, of Munich bands Notwist, Console and Tied & Tickled Trio.

 

A DAY IN THE LIFE OF A LOCAL BAND

Last weekend, 18,000 rock fans invaded the quiet city of Joensuu, Finland for the two-day Ilosaarirock Festival. This year's headliners included Suede, Nightwish, the Dropkick Murphys, an obligatory performance by Finnish favorites HIM, and St.

CHERNOV'S CHOICE

Leningrad headlined the Podogrev (Warming Up) benefit festival last Sunday, the aim of which was to raise funds for the treatment of Spitfire's ailing trombonist, though the affair wasn't without its drawbacks. By locking fans inside the heated and stuffy stadium, in order to prevent them passing on used tickets to those outside, the festival's organizers weren't helping, but the event more than served its purpose.

 

STUCK IN THE MIDDLE WITH YOU

Such an institution seems rare in Russia - the land of "Leninist Legacy" and "Eurostandard" does not lend itself easily to self-control.

VALAAM: CENTURIES OF REST FOR THE WEARY

Among the most popular inland waterway routes from St Petersburg is the trip to the monastery island of Valaam, 220 kilometers to the northeast, in Lake Ladoga.

The islands of the Valaam archipelago have fjord-like shores covered with forests. In the 19th century, Russian writers and artists were drawn to Valaam for its exquisite natural beauty. In 1866 Tchaikovsky lived on Valaam for several weeks and wrote his Second Symphony looking out at its lush forests and still water.

 

BATHING IS BEST DONE IN BUDAPEST

There are a million and one reasons to go to Budapest. Some go for the spectacular architecture. Others go for the music, an evening cruise along the Danube, or a weekend of wine tasting.

A FLESHY TRIBUTE TO THE GOOD LIFE

The exhibition "Revealing the Human Body Un-tanned," by Dima Mishenin and Andrey Chezhin, at The Nabokov Museum until July 26, may well contribute to a discussion about the essence of contemporary art. The exhibition is part of the local annual artistic event "Contemporary Art in the Traditional Museum" initiated by The PRO ARTE Institute.

The exhibition comprises ten digital photos of a beautiful young woman basking in the sun, and ten fragments of her arrogant monologue, crowning a floor covered with a layer of sand tread by barefooted patrons.

 

BRING IN THE OLD WITH THE NEW

Two weeks have already passed since the "Contemporary Art in a Traditional Museum Festival" appeared, comprising 13 works by up and coming contemporary artists displayed in the city's most traditional - and sometimes least-visited - museums.

TOP HONORS FROM PLACIDO DOMINGO

Anna Kikadze, the young mezzo from the Mariinsky Academy of Young Singers, is among the laureates of the Placido Domingo Vocal Competition, held recently in Paris

The 'Operalia' Competition was founded by Placido Domingo in 1993 to help talented young singers launch their careers. In keeping with tradition, the competition took place in the Chatelet Theater in Paris from the 16th to the 22nd of June.

 

NEW SWAN LAKE PREENED TO A SHINE

The lights go out, quiet coughs from the anticipating audience resonate in the auditorium, the director lightly taps his stand, and the performance begins at the Rimsky-Korsakov State Opera and Ballet Theatre.


 

WORLD

IN BRIEF

Spanish Armada

EL YOUNECH, Morocco (AP) - Spanish special forces, backed by helicopters and warships, stormed the disputed islet of Perejil at dawn on Thursday, taking its six occupying Moroccan soldiers prisoner in a bloodless operation to restore Spanish rule.

 

SPORTS WATCH

Andrei To Arrive

ST PETERSBURG (Reuters) - Andre Agassi is to make his first appearance at the St Petersburg Open later this year, tournament organizers said on Thursday.



 
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