Issue #981 (49), Tuesday, June 29, 2004 | Archive
 
 
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LOCAL NEWS

MARKOVA GETS JOB AT BANK

Anna Markova, the former vice governor of St. Petersburg and Governor Valentina Matviyenko's main rival during the gubernatorial elections last year, has been appointed vice-president of Banking House St. Petersburg and will start her new job this week.

 

PUTIN PROMISES BENEFICIARIES MUCH HIGHER PAYOUTS

MOSCOW - Budget money allocated for World War II veterans will be 20 times greater and 10 times greater for the disabled, President Vladimir Putin said Monday as he tried to win support from a skeptical population for his plans to replace social welfare benefits with more transparent cash payments.

PASSENGERS REJOICE AS METRO LINK RESTORED AFTER 9 YEARS

The daily commute of nearly a half million St. Petersburg residents just got easier Saturday with the long-awaited opening of the tunnel connecting metro stations Lesnaya and Ploshchad Muzhestva.

Nine years after the tunnel between the two northeastern stations on the Kirvosko-Vyborgskaya line was flooded and closed for repairs, metro trains carried passengers over the section for the first time.

 

BRITISH YACHTSMAN DETAINED

A British yachtsman has been detained by border guards of the Arctic regional directorate of the Federal Security Service for breaching Russia's sea border, Itar-Tass reported Monday.


All photos from issue.

 

NATIONAL NEWS

IN BRIEF

Protesters Want Payout

ST. PETERSBURG (SPT) - Former child prisoners of Finnish concentration camps in Eastern Karelia on Monday protested outside the building where the government of Eastern Karelia is located, Interfax reported Monday.

About 80 people who spent their childhood in Finnish-occupied Petrozavodsk took part in the protest in which they demanded compensatory payments, the report said.

The action was in response to a letter written last week by Finnish President Tarja Halonen to the Union of Child Prisoners of Finnish Concentration Camps. He said that the Paris peace treaty of 1947 between Finland and the Soviet Union had given no consideration of compensation for individuals citizens of the Soviet Union, the report said.

 

CONGRESSMAN URGE CHECKS ON KIRIYENKO

MOSCOW - Five American congressmen are asking U.S. Secretary of State Colin Powell to investigate whether former Prime Minister Sergei Kiriyenko might be seeking a U.


 

LOCAL BUSINESS

FRADKOV HALTS ENERGY SECTOR REFORMS

MOSCOW - Prime Minister Mikhail Fradkov pulled the emergency break on energy reform Friday, halting any and all sales of generating assets until his government can determine how privatizing huge swathes of the electricity sector will benefit society.

The government had been expected to approve a plan drafted by Unified Energy Systems to group dozens of power plants scattered across the country into 10 wholesale generating companies, six of which would then be auctioned off for cash or UES shares.

But Fradkov announced Friday that the government is temporarily freezing reforms because it is concerned not only about the plans to privatize wholesale generating companies, known as OGKs, but also about how restructuring of the sector as a whole has been handled since 2001.

 

PLANET FITNESS MOVES TO EXPAND INTERNATIONALLY

Planet Fitness, a local fitness-club chain, is going international and will open three new sport clubs in Stockholm, Sweden, one of them this year.

The chain will also open two new clubs in St.

PRINCE OPENS RBCC CHAPTER

Prince Michael of Kent, patron of the Russo-British Chamber of Commerce, officially opened the chamber's St. Petersburg branch on Friday, cutting a ribbon with Vice Governor Mikhail Ovseyevsky at a reception in the Marble Palace.

Speaking in Russian, the prince said: "The chamber will build a bridge between Russian and British businesses that will advance the development of Northwest Russia.

 

PULKOVO TO LAUNCH U.S. PASSENGER FLIGHTS

St. Petersburg-based carrier Pulkovo said Thursday it plans to start offering flights to the United States within a year, which would make it just the second Russian airline serving North America.

MOSCOW NOT FUNDING CITY PROJECTS

The St. Petersburg administration is receiving less finance funding than it was initially promised by the federal authorities.

If the funds will not be made available on time, the city may become unable to continue its major construction projects.

St. Petersburg needs 11.7 billion rubles from the federal budget this year for the construction of the ring road and 2.9 billion rubles next year for the completion of Western Express Diameter, linking the ring road to the city seaport.

"11.5 billion rubles is 35 percent of the Ministry of Transport's whole annual budget in 2005," Regnum information agency quoted Russian transport minister Igor Levitin responding to governor Valentina Matviyenko's request for federal funding at the meeting with federal authorities held June 18.

 

DIRECTOR HELPS FOREIGNERS TO OVERCOME DOUBTS

Elena Berezantseva, Executive Director of the St. Petersburg Chapter of the American Chamber of Commerce, says that much of her life has been dedicated to "facilitating understanding and business relationships" between the United States and Russia.

UES, Gazprom Shares Pull Down the Market

MOSCOW - The UES and Gazprom stocks have been sliding since the end of last week, and continued to push the entire stock market down.

By 2:00 p.m. on Monday, a share of common UES stock was down 5.6% at 26.15 cents per, while Gazprom stock on the St. Petersburg exchange was at 59.3 rubles a share, having slipped 3.


 

OPINION

JUST WHO DID SMASH COMMUNISM?

The Economist put it most succinctly. After Ronald Reagan died, the magazine placed a photo of him on its cover with the words: "The man who beat communism." Others said much the same. A radio broadcast I heard began, "He was credited with winning the Cold War.

 

INSTITUTIONAL REFORMS ARE MORE IMPORTANT THAN HANDOUTS FROM MOSCOW

In terms of St. Petersburg's interests, the central event of this month's Russian Economic Forum held in the city can be considered to be a conference at Smolny between members of the federal government members of the St.

Chris Floyd's Global Eye

Spy Game

So Vlad "The Impaler of Chechnya" Putin has added his two kopeks to the debate over the origins of the Iraq War. Obviously distressed at seeing his self-proclaimed "soulmate," George W. Bush, floundering in the rising tide of truth about his crooked casus belli, the Chekist-in-Chief tossed the Bushists a lifeline mid-June with his claim that Russian agents had uncovered Iraqi terrorist plots against the United States - months before Bush launched his blitzkrieg on Babylon.


 

WORLD

IN BRIEF

Saddam Handover Soon

BAGHDAD, Iraq (AP) - Coalition officials and the Iraqi government have agreed to transfer legal custody of Saddam Hussein in a week, a coalition official said Monday.

The ousted Iraqi leader, however, will remain in the hands of U.S. troops, because Iraq doesn't have a prison strong enough to hold him, a U.



 
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