Issue #908 (76), Tuesday, October 7, 2003 | Archive
 
 
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LOCAL NEWS

CITY CHOOSES PUTIN'S ENVOY

Valentina Matviyenko presented herself to the city as the next governor on Monday, promising to raise city spending to Moscow levels, and also that some of the capital's functions will be shifted to St. Petersburg.

"I can't tell you exactly what offices will be moved from Moscow but I guarantee I will make it happen," she said at her first news conference after Sunday's election.

 

A TALE OF TWO CITIES' ATTITUDES

Moscow's cynicism clashed with St. Petersburg's idealism during the gubernatorial elections, analysts say.

Moscow-based politicians pull faces when asked to comment on St.

Kadyrov Wins, But Future Is Uncertain

MOSCOW - Akhmad Kadyrov's election as president of Chechnya was declared official on Monday, leaving only the question of what this means for the future of the republic that he has administered for the Kremlin for the past three years.

Kadyrov is likely to consolidate his power by purging the Chechen government and rewarding his loyalists with political posts, some independent observers said.


All photos from issue.

 

NATIONAL NEWS

YUKOS BOSS PLEDGES TO FIGHT TO THE END

MOSCOW - Yukos founder Mikhail Khodorkovsky said Monday he would rather go to jail than leave the country as a political emigre and abandon a bitter fight with state authorities that began in July with the arrest of key Yukos shareholder Platon Lebedev on fraud charges.

 

REPORT: SPATS ARE HURTING RUSSIA-U.S. RELATIONSHIP

MOSCOW - Despite public fence-mending between the United States and Russia, the relationship between the two countries continues to suffer from conflicts, partially caused by a lack of communication between decision-makers, a group of senior U.

IN BRIEF

Birdstrikes at Pulkovo

ST. PETERSBURG (SPT) - Birds have become a real headache for Pulkovo Airport personnel, who in 2003 had to at least twice repair planes that had suffered from collisions with birds, Interfax reported Monday.

For the nine months of 2003, Pulkovo registered four birdstrikes on planes.

 

NEW PILL TARGETS THE EFFECTS OF ALCOHOL

MOSCOW - James Bond may have had X-ray sunglasses and rocket-firing cigarettes, but for years his counterparts from behind the Iron Curtain were popping pills that made them impervious to .


 

LOCAL BUSINESS

ABRAMOVICH SELLS OFF 25% SHARE IN RUSAL

MOSCOW - Metals mogul Oleg Deripaska on Friday confirmed earlier media reports that he had gained majority control of Russian Aluminum, or RusAl, by partially buying out his partner, Roman Abramovich, as the latter continues a multibillion-dollar liquidation of Russian assets

Base Element, Deripaska's holding company, said it had bought 25 percent of the 50 percent of RusAl owned by Abramovich's Millhouse Capital.

 

$7.7 BILLION NET CAPITAL FLIGHT

MOSCOW - The Central Bank confirmed Friday what many economists have been warning for months: Cash has been leaving the country at a fast and furious pace since July.

IN BRIEF

Ford Sales Triple

MOSCOW (SPT) - Ford Motor Company saw sales through official dealers more than triple during the period from January to September 2003, as compared to the same period last year, Interfax reported.

Ford sold 9,412 Focus models and 1,985 Mondeo models so far this year.

 

NEW BOOK POSES QUESTION OF PUTIN'S LINKS WITH UNDERWORLD

How involved was President Vladimir Putin in the activities of a decade-old German company now at the center of a pan-European probe into St. Petersburg mobsters, Colombian cocaine and transcontinental money laundering?

The question has intrigued investigators and journalists since a German foreign intelligence report was leaked to the press during Putin's rise to power.

Expat Blazes Trail for Small Business

This is the first in a series of profiles to be published by The St. Petersburg Times.

General director of Westpost Christian Courbois intersperses life as the top mailman in St. Petersburg with climbing mountains, biking across Africa, chairing the St. Petersburg International Business Association and fighting for the rights of small businesses.


 

OPINION

EXPERT OPINION: DON'T BELIEVE THE HYPE-SKY

Do not be hoodwinked by the current wave of self-serving hype masquerading as fundamental analysis: while select opportunities remain, the Russian equity market is not cheap. Should the equity market flutter higher, it will only be on an ephemeral updraft of hot air, generated by too much money chasing too few assets.

 

OLIGARCHS KNOW THAT SHCHIT HAPPENS

The main character of Viktor Pelevin's new book "Numbers," after swapping his Chechen krysha for an FSB one, has billboard posters put up on Rublyovskoye Shosse depicting a shield and a sword (the emblem of the FSB) with the bilingual caption: "Shchit happens" (a pun on the fact that the Russian word for a shield sounds like the word "shit").

IN PUTIN, POPULACE SEES WHAT IT WANTS TO SEE

Russia's love affair with President Vladimir Putin has lasted for almost four years now. His popularity ratings must be the envy of many a head of state. But what exactly has he done to deserve all this love and popularity? What has he done for the country that it should forgive him for Chechnya, for sinking submarines and terrorist attacks? Why does a majority of the population trust the president, again and again falling under the spell of his charm? Who are Putin's admirers and who are his critics?

As part of its research on the Putin elite, the department for the study of elites of the Institute of Sociology conducted a survey with the aim of finding answers to these questions.

 

JADED VOTERS WANT MATVIYENKO TO DELIVER

In 1996, the nation held its nose and voted for Boris Yeltsin, not because it liked him, but because they didn't want to see Communist leader Gennady Zyuganov in the Kremlin.

Chris Floyd's Global Eye

The defining issue of modernity is control of women's fertility. It is this question - more than religion, politics, economics or the "clash of civilizations" - that forms the deepest dividing line in the world today. It is a line that cuts through every nation, every people, from the highest level of organized society down to, in many cases, the divided minds and emotions of individual men and women.


 

WORLD

IN BRIEF

China Close to Launch

BEIJING (Reuters) - China on Saturday announced plans to launch a satellite to monitor the Earth but made no mention of its top-secret first manned space flight expected any day now.

State television said China would launch a satellite at the end of 2003 in line with a Sino-European surveying project.

 

MILAN DOWNS INTER, VALENCIA DROPS BARCA

LONDON - Defending European champion AC Milan joined Juventus at the top of Serie A as Valencia stayed ahead in the Primera Liga with a 1-0 win at Barcelona over the weekend.

SPORTS WATCH

Snyder Dies

ATLANTA (AP) - The Atlanta Thrashers' Dan Snyder, who never regained consciousness following a horrific car crash, died Sunday night at Atlanta's Grady Hospital, the team said, six days after sustaining massive brain injuries in the wreck. He was 25.

Snyder underwent surgery for a skull fracture but remained in a coma until his death.



 
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