Issue #916 (84), Tuesday, November 4, 2003 | Archive
 
 
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LOCAL NEWS

KHODORKOVSKY RESIGNS AS YUKOS CHIEF EXEC

MOSCOW - Mikhail Khodorkovsky announced his resignation as Yukos chief executive Monday in a move he said was aimed at shielding his company from legal attack and, according to a source close to the oil magnate, could free him up to run for president.

 

GOVERNOR NAMES HER TEAM

Governor Valentina Matviyenko sent a list of suggested vice-governors to the Legislative Assembly on Monday, said Viktor Lobko, himself a candidate for vice governor as head of the City Hall's management office.

KLEBANOV TO OVERSEE NORTHWEST FEDERAL DISTRICT

President Vladimir Putin appointed Ilya Klebanov, the minister of industry, science and technology, to be his representative to the Northwest Federal District, the Kremlin announced Saturday.

Most analysts said the move was a further demotion for Klebanov, a former deputy prime minister, whose plans to reform the defense industry ran into powerful opposition.

 

IN BRIEF

Lobbying Over India

NEW DELHI (AP) - Russia will push for the lifting of restrictions on the sale of nuclear technology to India, arguing that it deserves to be treated differently from other nuclear-armed nations, an Indian newspaper reported Monday.


All photos from issue.

 

NATIONAL NEWS

KUDRIN ASKS PUBLIC TO SUPPORT KREMLIN

MOSCOW - If there were any doubts that President Vladimir Putin had the government's cashiers under control, Finance Minister Alexei Kudrin emphatically put them to rest on Monday with a clarion call to the nation to back the Kremlin in the new, oligarch-free Russia.

"Byzantium is over!" Kudrin told Kommersant. "With all due respect to Alexander Voloshin, I want to stress that his departure coincides with the end of the Yeltsin epoch.

"I've heard personally from [Putin] and clearly understand myself that this is not a redistribution of property and not a campaign against oligarchs," Kudrin said.

Kudrin, who is also a deputy prime minister, appeared to applaud the legal attack on Yukos that has led to the imprisonment of Mikhail Khodorkovsky and Platon Lebedev and the resignation of Voloshin, Putin's former chief of staff.

 

CITY AIR POLLUTION RISING, HITS HEALTH

Air pollution in St. Petersburg is getting worse, becoming more dangerous to human health and the city, for the first time, entered the list of Russia's cities with the most noxious air, according to the Main Voeyikov Geophysical Observatory, which monitors the nation's air pollution.

IN BRIEF

Submarine Leaks Fuel

ST. PETERSBURG (SPT) - An out-of-service diesel submarine moored off Anlgiiskaya Naberezhnaya was found to be leaking fuel into the Neva River, Interfax reported Monday.

The agency quoted Yevgeny Kononenkov, deputy head of the special sea inspectorate, as saying that water tests had found a large spill that had been traced to the submarine, and that the spill had been contained.

 

PUTIN PLANNED TO RAISE NEW CHIEF'S PROFILE

MOSCOW - President Vladimir Putin may have called Alexander Voloshin's resignation "a mistake" on Friday - after popping in at the outgoing head of the presidential administration's farewell staff meeting - but nearly four years ago he had already named Voloshin's replacement.

RESHUFFLE: NEW POSTS, OLD HANDS

Like Dmitry Medvedev, his new boss, Dmitry Kozak, graduated from the law faculty of St. Petersburg State University and worked with Vladimir Putin in the St. Petersburg administration.

Kozak has worked in the presidential administration since June 2000.

 

APPOINTMENT KEEPS PUTIN ABOVE THE FRAY

By elevating Dmitry Medvedev, a St. Petersburg technocrat, to his chief of staff, and Dmitry Kozak as Medvedev's first deputy, President Vladimir Putin has prevented the siloviki from becoming virtually the sole players in his administration and will thus retain his position as ultimate powerbroker.

ONE DAY IN THE LIFE OF MIKHAIL BORISOVICH

Russian prisons are infamous for overcrowding and rampant tuberculosis, but what is life behind bars like for the country's richest man?

After being put in the notoriously overcrowded Matrosskaya Tishina prison in northern Moscow following his arrest Saturday, Yukos CEO Mikhail Khodorkovsky was moved Monday to the prison's more comfortable so-called "Special Isolation Unit No.

 

BORODIN FLOATS IDEA OF PUTIN RULE PAST 2008

President Vladimir Putin could be in power for another two decades if his former boss's vision becomes reality, The Financial Times reports.

Yeltsin-era Kremlin property chief Pavel Borodin, who now serves as the secretary of the Russia-Belarus Union, said that Putin could become the head of a new confederation to be formed by reuniting some of the former republics of the Soviet Union.

Duma Candidates Cling To Their Jobs

MOSCOW - By law, 30 governors, three ministers, one ambassador and dozens of other high-ranking government officials who are running for election to the State Duma must vacate their posts for the duration of the campaign season.

Many, however, have yet to do so, Central Elections Commission chairman Alexander Veshnyakov told journalists last week.


 

LOCAL BUSINESS

PUTIN DECLARES WAR ON PIRACY

MOSCOW - President Vladimir Putin on Monday urged his Cabinet and lawmakers to take stronger action against rampant video and music piracy, which has swept the Russian marketplace and caused growing international concern.

"I'm asking the Cabinet together with lawmakers in the State Duma to continue working to perfect legislation directed at strengthening the fight against piracy in the sphere of intellectual property rights," Putin said at the Cabinet session in remarks carried by Russian television.

 

RTS UP 6.33 PERCENT ON YUKOS BOW-OUT

MOSCOW - Russia's benchmark RTS index soared 6.33 percent on Monday after the chief executive of embattled oil company Yukos resigned, saying he wanted to save Yukos from state prosecutors' attacks on him.

NOVOSIBIRSK RAID RAISES EYEBROWS

MOSCOW - The 14-hour raid on the offices of Novosibirsk's power monopoly last week was the second high-profile action by the region's Federal Security Service in less than a week, leading many political observers to conclude that they were somehow related.

 

POTANIN BEARS UP UNDER INCREASED PRESSURE

MOSCOW - If Mikhail Khodorkovsky thought his fellow tycoons would rally to his defense, he was mistaken.

Of the nation's handful of billionaires, only one, Vladimir Potanin, has publicly expressed an opinion on Khodorkovsky's arrest and the subsequent sequestering of his oil giant's shares - and Potanin's opinion is remarkably similar to President Vladimir Putin's.

HOSPITALITY SHOWS WHY NOVGOROD REGION GOOD INVESTMENT

NOVGOROD - On Oct. 30 Novgorod region government officials led by Vice Governor Alexander Boitsov hosted Honorary Consul of Australia Sebastian FitzLyon and representatives of Ernst & Young to discuss the region's investment climate.

The Novgorod region is one of the best examples of successful economic policy at the regional level.

 

FSC LOOKS INTO METALS GIANT PAST

MOSCOW - The Moscow region branch of the federal arbitration court on Monday said it had approved a request by the nation's stock market watchdog to re-examine the restructuring of Norilsk Nickel.

UFG BANK DEAL PUBLIC

MOSCOW - Deutsche Bank on Wednesday said it had agreed to buy 40 percent of Moscow investment bank United Financial Group, the first foreign company to announce an investment in Russia since the arrest of Yukos CEO Mikhail Khodorkovsky on Oct. 25.

Deutsche Bank, Europe's second-largest bank by assets, and UFG will cooperate on research, sales and trading in Russian equities and corporate finance, the companies said in joint statements in Moscow and Frankfurt.

 

U.S. SHOWS CONCERN OVER YUKOS CASE

MOSCOW - Moscow risked a rift with Washington on Saturday over the legal action against oil giant Yukos, calling U.S. criticism of the affair disrespectful as the Russian government itself appeared split on the issue.

INSTITUTE DIRECTOR SOUGHT DIALOGUE

Wilfried Eckstein, 46, until recently director of the Goethe-Institut in St. Petersburg, is leaving to become the head of the Goethe-Institut in Thailand. He spent four years in St. Petersburg and admits that he will miss the city.

Eckstein, with degrees in German and English philology and history, came to Moscow in 1992, where he stayed until 1996.

 

IN BRIEF

S&P Unmoved

LONDON (Bloomberg) - Russia's foreign-debt rating was left unchanged by Standard & Poor's, which said the country's economic growth and investment is being jeopardized by the arrest of Mikhail Khodorkovsky, chief executive of AO Yukos Oil Co.


 

OPINION

WINNERS AND LOSERS IN YUKOS AFFAIR

A coup d'état has taken place in Russia. The law enforcement agencies have seized power. Everyone knew the coup was coming. And President Vladimir Putin did nothing to stop it.

The coup came in the form of the detention of Russia's richest citizen, Yukos CEO Mikhail Khodorkovsky.

 

SHOULD U.S. POLICY ON RUSSIA CHANGE AFTER YUKOS?

Every so often, the arrest of one man involves more than the charges he may face and his fate before the court. In these rare instances, the legal proceedings are a distraction from the larger moral and strategic implications, and so they are intended to be.

IT'S TIME TO TAKE STOCK OF RUSSIA'S RISK RATING

After the dramatic events of the last few days - as prosecutors arrested first Mikhail Khodorkovsky himself and then his group's controlling shareholding in Yukos - we can now take stock of the resulting prospects for country risk. The nature of the risk was pulled into sharp focus by President Putin at his Oct.

 

PROBE COULD STYMIE YUKOS' VISION FOR REFORM

President Vladimir Putin and Yukos boss Mikhail Khodorkovsky had a well-publicized, but apparently friendly, exchange of words long before the Yukos investigation gathered steam.

INDIGNATION, BUT ONLY FOR ME, MY OIL FIRM

WASHINGTON - It was his last trip to America before being arrested, and Mikhail Khodorkovsky was being introduced to a ballroom of lunch diners at the Ritz-Carlton: "He believes that Russian business has a special responsibility before society, a special responsibility to build a civil society.

 

CHRIS FLOYD'S GLOBAL EYE

An Inspector Calls

This column owes a heartfelt apology to a top official of Bush Administration, whom we unjustly maligned some weeks ago. No doubt infected by the corrosive wave of cynical anti-Americanism now raging across an ungrateful world, we predicted that the report of David Kay - who was hired by the CIA to find Iraq's elusive weapons of mass destruction - would be nothing but a sham, a whitewash: "the fix is in," we sneered.


 

WORLD

IN BRIEF

Floods Kill 66 in Jakarta

JAKARTA, Indonesia (AP) - Flash floods swept through a popular tourist resort on Indonesia's Sumatra island, killing 66 people, five of them foreigners, and leaving dozens missing, local officials said Monday.

The floods, which were triggered by days of heavy rain, took place late Sunday in Bohorok, close to the provincial capital of Medan in the northern Sumatra province.

 

HENMAN EXCELS TO TAKE PARIS MASTERS TITLE

PARIS - Britain's Tim Henman put a gloss finish on his disappointing year when he defeated gutsy Romanian outsider Andrei Pavel 6-2, 7-6 (8/6), 7-6 (7/2) Sunday in the final of the 2.

SPORTS WATCH

Owen to Stay

LONDON (AFP) - Liverpool boss Gerald Houllier is confident he can persuade star striker Michael Owen to stay on Merseyside, despite persistent rumors linking him with a move next summer.

Owen has fuelled the speculation by stalling on signing a new contract at Liverpool and it was reported on Sunday that Real Madrid are planning a 25-million-pound ($42 million) bid for the England striker, who has 18 months left on his current deal.



 
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