Issue #810 (75), Tuesday, October 8, 2002 | Archive
 
 
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LOCAL NEWS

RUSSIA, UKRAINE SIGN TRANSPORT DEAL

MOSCOW - Russia and Ukraine on Monday signed off on Monday on the basic principles for forming an international consortium to manage the transportation of natural gas from Siberia to Western Europe, a key source of revenue for both governments.

"[Russia and Ukraine] agreed to work together on energy-sector issues, including .

 

K-19 FILM PREMIERES AT MARIINSKY THEATER

The film "K-19: The Widowmaker," about a Soviet nuclear submarine that suffered a deadly reactor failure in the North Atlantic in 1961, drew mixed reviews on the weekend from some of its most knowledgeable critics - the crew of the boat itself.


All photos from issue.

 

NATIONAL NEWS

KREMLIN LOOKS TO TIGHTEN GRIP

MOSCOW - Contrary to what some see as a friendlier phase in President Vladimir Putin's relationship with the governors, the Kremlin is cobbling together plans to strengthen its grip on the regional powers.

The presidential commission in charge of developing proposals on the separation of powers between the governmental branches has drafted a bill introducing new rules for the firing of governors, Vedomosti reported on Monday.

 

REPORT: PROSECUTOR SLAMS SMOLNY OVER EXTREMISM

While human-rights organizations are warning against a rise in racially motivated extremism among youth groups in St. Petersburg, news agencies reported on Monday that the City Prosecutor's Office had filed a document with Smolny at the end of September slamming the city administration for its failure in fighting extremism in these groups.

RADIO LIBERTY STRIPPED OF FORMER SPECIAL STATUS

MOSCOW - Radio Liberty, which has irritated President Vladimir Putin's Kremlin with its coverage of Chechnya, has been stripped of the special legal status it had enjoyed since 1991.

In a decree released Friday, Putin revoked a decree issued by President Boris Yeltsin during the democratic euphoria of August 1991 that granted Radio Liberty, a U.S.-funded Russian-language radio station, the right to open its Moscow bureau and gave Radio Liberty reporters the freedom to work unhindered throughout Russia.

Radio Liberty said the decision would have no immediate effect on its operations.

The Kremlin's information department said Yeltsin's decree "was meant to demonstrate the new Russian leadership's commitment to freedom of speech and press," Interfax reported.

 

NEMTSOV SAYS ARMY TRYING TO DERAIL REFORM

MOSCOW - Union of Right Forces leader Boris Nemtsov angrily accused the military's chief of the General Staff on Friday of trying to derail the Kremlin's plan to introduce a professional, non-conscript army.


 

LOCAL BUSINESS

CONFERENCE FOCUSES ON 'RUSSIAN RIP-OFF'

WASHINGTON - From U.S. Secretary of State Colin Powell to Ambassador Alexander Vershbow to American entrepreneurs and lawyers, the talk at a conference last week in Washington was all about how to prevent investors from being, in the ambassador's words, "ripped off" in Russia.

 

BASEL PLANS AIR-CARGO CENTER IN SAMARA

MOSCOW - Base Element wants to turn the central Russian city of Samara into an international air-cargo hub, handling traffic between Southeast Asia and Europe.

RUSSIAN HACKER GETS THREE-YEAR JAIL SENTENCE

SEATTLE - A 27-year-old Russian hacker snared in an FBI scheme has been sentenced to three years in prison for convictions on 20 counts of conspiracy, fraud and related computer crimes.

Vasily Gorshkov, 27, of Chelyabinsk, was also ordered by U.S. District Judge John Coughenour to pay restitution of nearly $700,000 for losses he caused to Speakeasy Network of Seattle and online credit-card-payment company PayPal of Palo Alto, California, U.

 

KASYANOV UNLEASHES WAR ON COUNTERFEIT TRADE ON STREETS

MOSCOW - The Cabinet declared war on the country's burgeoning market in pirated goods Thursday, voting to set up a task force to purge the streets of stalls and kiosks selling unlicensed audiotapes, videos and DVDs.

FTA PUSHES ITS UNWANTED $400M FIBER CABLE

MOSCOW - Even though the project has been lambasted as a white elephant and the market for data transmission is saturated, a little-known Cypriot firm is pushing ahead with a $300-million to $400-million project to lay fiber-optic cable from Europe to Asia across Russia.

 

LOCAL STOCKS SWIM AGAINST TIDE

MOSCOW - Russian blue chips have been bucking the global trend of collapsing share prices that have decimated leading markets.

While American exchanges ended September with the worst quarterly losses since Ronald Reagan was president, the benchmark Russian Trading System index lost a little more than 7 percent, but, in the year to date, remains one of the best performing in the world after nearly doubling in 2001.

GEARING UP IN THE CAR-INSURANCE MARKET

With legislation making automobile insurance compulsory expected in the near future, massive changes are expected in the Russian car-insurance market - a market that is still very much in its infancy. At present, however, analysts are observing a lull before the storm that will come with compulsory insurance in July of 2003.

 

COVERAGE IS LIMITED FOR THE PERILS OF FINANCING

The majority of insurance companies operating in Russia believe that there is a strong need for financial-risk insurance in the local business environment, but there are a number of serious obstacles to the development of such services.

SECURITY ARRIVES IN REAL ESTATE

Until recently, risks taken on the local real-estate market have gone uninsured. Insurance companies have been wary of taking on responsibility for both real-estate and construction firms, particularly in view of the large number of bankruptcies that have been a feature of the sector, as well as the high number of "shady" dealings and blatant confidence tricks that have plagued the St. Petersburg market. The situation, however, is now changing radically and, in recent months, several local insurance companies have begun to offer products aimed specifically at those venturing out into the real-estate market.

The real-estate market in St.

 

FOREIGN INSURER OBSERVES 'DYNAMIC' DEVELOPMENT

Andrea Nama, project manager for Europe and the Middle East at Mondial Assistance Group, came to St. Petersburg last week to present new joint insurance projects being implemented with local insurance companies.


 

OPINION

BUSH MAKES A BAD DEAL WORSE

ALTHOUGH the economy was slowing even before U.S. President George W. Bush took office, he has made the situation much worse than it had to be. What could have been a mild and brief recession has instead turned into a prolonged downturn likely to last more than two years.

 

IT'S BUSINESS AS USUAL FOR ELECTIONS IN KRASNOYARSK

ELECTION results are usually annulled by revolutions and coups d'etat. Last Sunday, the role of zealous revolutionaries was played by the Krasnoyarsk election commission, which showed true proletarian commitment to duty by invalidating - on its day off - the results of the gubernatorial election on the basis of.

DEMONSTRATORS ARE IN A STATE OF DISTRACTION

WASHINGTON - The demonstrations Friday were openly illegal: The stated aim was to stop traffic, cripple all business for the day and shut down D.C.

Police never let it happen: They hemmed in protesters by the city block, along with anyone else who happened to be walking by - commuters, journalists, etc.

 

BAD RAP COPS GIVE THE CITY THE SAME

In response to "Cops Getting Worse Rap From Consulates" on Oct. 4.

Editor,

I am a Boston, Massachussetts lawyer who is married to a woman from St.

CHECHNYA POLICY CHANGING?

ABOUT three weeks ago, the government newspaper Rossiiskaya Gazeta published a piece by Yevgeny Primakov on the war in Chechnya. Primakov is a heavyweight politician who has held important government positions, including chief of foreign intelligence, foreign minister and prime minister.

 

U.S. SHOULD BE CONSISTENT OVER CHANGE

THE U.S. government likes to say the establishment of a democratic government in Iraq could be a model for political reform in the Islamic world. Unfortunately, while the United States is preparing to fight a war in Iraq, in part to achieve that goal, it is doing little to address undemocratic practices nearly everywhere else in the region.

BRITISH REPORT ON IRAQ MAY ONLY BACKFIRE

THE United States and Britain were, at the end of last month, wooing the other permanent members of the UN Security Council - France, Russia and China - to support a draft resolution that threatens the use of force, if the Iraqi dictator Saddam Hussein does not promptly surrender all weapons of mass destruction (WMD).

 

GLOBAL EYE

Brass in Pocket

We've talked a lot about grand strategy and national purpose the last few weeks, but now let's leave that rarefied air and get down to what your savvy, no-nonsense operators like Dick Cheney and Don Rumsfeld would no doubt call, in their jaunty, plain-man jargon, "brass tacks.


 

WORLD

WORLD WATCH

Talks Collapse

LOS ANGELES (AP) - Labor talks broke off between stevedores and shipping lines after the union rejected the latest contract proposal in a dispute that has shut down West Coast ports and dealt billions of dollars in damage to the economy.

After the International Longshore and Warehouse Union rejected the offer, talks broke off indefinitely at about 11:30 p.m. local time on Sunday, said Steve Sugerman, a spokesperson for the Pacific Maritime Association.

"The PMA presented a comprehensive proposal to the longshore union, which would have made their members the highest-paid blue-collar workers in America," said Sugerman.

 

WORLD STARS DAZZLE CROWDS AT ICE PALACE

Professional ice shows, widespread all over Europe and North America, seem finally to be becoming profitable and in demand in Russia.

Good evidence of this could be seen at the Ice Palace on Sunday evening, when the main organizer of Russia's only such show, Artur Dmitriyev - himself a double Winter Olympic champion, at Nagano, Japan in 1998 and Calgary, Canada in 1992, and double world champion - kept the promise that he made last year and returned to St.

SPORTS WATCH

Sorenstam Supreme

VALLEJO, California (AP) - Annika Sorenstam won her ninth tournament of the season Sunday - beating the record of eight she set last season - shooting a 7-under-par 65 to pull away from Cristie Kerr and win the Samsung World Championship.

 

MATHIEU, MALEEVA RECOVER TO CLAIM KREMLIN CROWNS

MOSCOW - French qualifier Paul-Henri Mathieu upset Dutch seventh seed Sjeng Schalken, 4-6, 6-2, 6-0, in the Kremlin Cup men's final on Sunday to win his first major title.



 
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