Issue #993 (61), Tuesday, August 10, 2004 | Archive
 
 
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LOCAL NEWS

PROPERTY DEVELOPER POLONSKY REACHES FOR THE SKY

MOSCOW - If there's a more uniquely grandiose way to convert fortune into fame than flying to outer space, St. Petersburg real estate developer Sergei Polonsky can't think of one.

"It's not hard to have a lot of money," he mused. "It's hard to know how to spend it with style.

 

PROSECUTOR 'WAS TOLD TO QUIT'

A Kremlin cabal that is behind the Yukos affair and covets lucrative deals in St. Petersburg is behind the resignation of City Prosecutor Nikolai Vinnichenko, sources at the Legislative Assembly said Monday.

MOSCOW SCULPTOR'S GALLERY PLANS FALL ON STONY GROUND

Moscow's "court" sculptor and the rector of the Russian Academy of Fine Arts, Zurab Tsereteli, has offered to create a Museum of Contemporary Art in St. Petersburg.

"I have already opened three such museums in Moscow, and I now want to establish one here," Tsereteli said during a visit to St.

 

DENTAL FLOSS MAKER PLANS TO SUE OVER BAN ON ITS ADS

A producer of dental floss says it will sue City Hall's Center of Advertisement Placement, or CCAP, for banning its ads of Flosstic teeth cleaning threads, NTV St.


All photos from issue.

 

NATIONAL NEWS

RIGHTS ACTIVISTS PLEA FOR BENEFIT BILL VETO

MOSCOW - Human rights activists handed an eleventh-hour appeal signed by 80,000 people to President Vladimir Putin on Monday, asking him to veto a bill replacing benefits for socially vulnerable groups with cash payments.

The Kremlin-backed social reform bill is awaiting Putin's signature to become law after being approved by the State Duma last week and the Federation Council on Sunday.

"If the president gets information not only from his close circle of advisers but he himself keeps an eye on what is going on in the country, he should not sign this bill," said Lev Ponomaryov, head of For Human Rights, which helped collect signatures for the appeal.

 

RED TAPE STALLS AIRSHIP'S PASSAGE ACROSS RUSSIA

Red tape is delaying the flight of the first of a new generation of airships, which had intended to cross Russia to Japan last month.

The attempt to fly the German-built Zeppelin NT airship across Russia partly to commemorate a round-the-world flight by the Graf Zeppelin in 1929, 75 years ago, began on July 4.

WATERMELON VENDOR ATTACKED

An unknown attacker shot an Azeri watermelon trader with a airgun on Monday morning, Interfax reported citing the city police.

The police immediately denied the attack had any racial motive.

The trader was shot on Narodnogo Opolcheniya Prospekt in the Kirovsky district.

 

IN BRIEF

Gas Poisons Residents

ST. PETERSBURG (SPT) - Five St. Petersburg residents have been poisoned by an unidentified gas, Interfax reported Monday, citing local Emergency Situations Ministry officials.


 

LOCAL BUSINESS

FORTUNE LIST RANKS TWO OF RUSSIA'S RICH

MOSCOW - Multibillionaire Mikhail Khodorkovsky might be Russia's richest man, but in the view of Fortune magazine his influence is not even worth mentioning.

In a ranking of Europe's 25 most influential business people published in its Aug. 9 issue, the magazine lists only two Russians - Alfa Group's Mikhail Fridman, No.

 

KREMLIN PICKS 'STRATEGIC' ENTERPRISES

MOSCOW - President Vladimir Putin's official web site on Friday published a list of 1,063 enterprises - ranging from regional airports to the state oil pipeline monopoly Transneft - which the Kremlin considers strategically important.

FRADKOV GIVES $17M FOR DAM

The federal government will allocate 500 million rubles ($17 million) to resume the construction of the St. Petersburg dam after a 17-year break, the government's press service reported Friday.

Prime Minister Mikhail Fradkov decided to reanimate the city's flood protection project as part of the government's corrections to the state capital investments planned in this year's federal budget.

 

CITY SELLS HOTEL SHARES, INDUSTRY SET TO BENEFIT

The St. Petersburg Property Fund's sale of its shares in several local hotels will benefit both the hotels and the city, experts say.

At the first sales auction, scheduled on Sept.

LEGENDS HELP SELL REAL ESTATE IN KARELIA

In the attempts to win the hearts (and money) of potential customers, out-of-town real estate agencies in Karelia often appeal to the public affection for tragic legends.

Finland's first president and national hero, general Karl Gustav Mannerheim had his troops positioned in Karelia - a former Finnish territory and a forefront of heavy fights between the Soviets and the Finns during the Winter War.

 

IN BRIEF

Lenenergo Outlook Up

ST. PETERSBURG (Reuters) - St. Petersburg-based utility Lenenergo raised its profit outlook for the year Thursday despite a decline in first-half profits by Russian accounting standards.

RUSSIAN ENTREPRENEUR TEACHES BUSINESS SKILLS

Running a company isn't just about money, says Lyudmila Murgulets, co-founder and vice president of the St. Petersburg branch of Stockholm School of Economics.

"Human capital, social capital, emotional capital, and intellectual capital are all much more important than financial capital," she said speaking in her office, which has one of the best views in town overlooking Kazan Cathedral.

 

TRADERS FOILED BY YUKOS SHARES

MOSCOW - Yukos shares jumped as much as 25 percent after the Arbitration Court ruled Friday against the state's plan to seize shares of its largest oil-producing unit, Yuganskneftegaz, easing the threat of bankruptcy.


 

OPINION

KYOTO'S FUTURE LIES IN PUTIN'S HANDS

With the withdrawal of the United States, Russia has now been given the power to decide whether or not the 1997 Kyoto Protocol on Climate Change will become international law.

Just a few months ago, prospects for Russian ratification seemed grim. On the eve of a crucial Russia-European Union summit in mid-May, the Russian Academy of Sciences came out with its "Preliminary Findings" on the science and economics of the Kyoto Protocol, declaring it to be "without scientific basis" and liable to lead to "a fundamental reduction in Russian GDP growth.

 

SUCCESS OF SELF-GOVERNMENT INITIATIVES SHOWS THE WAY AHEAD

The theme of today's article was prompted by a recent publication in our newspaper dedicated to the rebirth of run-down villages in the Archangelsk region.

CHRIS FLOYD'S GLOBAL EYE

All About Eve

Look out, ladies! The divinely-appointed duo of George W. Bush and Pope John Paul II are on the prowl again, bringing their patented one-two punch to boudoirs and back alleys everywhere. Last summer, the pious pair launched simultaneous broadsides against the apocalyptic threat of gay marriage; now they're firing their missiles of moral correction at the ultimate source of the world's distemper: uppity females.

 

NO CHARGES FOR KATYN SLAYINGS

Russian prosecutors do not intend to charge any former members of the NKVD secret police over the 1940 Katyn massacre of 22,000 Polish officers and intelligentsia, the German Press Agency reported last week, citing Polish news agency PAP.

Bill Allows Officials to Hold Top Political Posts

MOSCOW - With the Kremlin's blessing, United Russia deputies have drawn up legislation allowing senior government officials to hold top posts in political parties - a move that some analysts called a step back to the Soviet Party system.

The proposed changes would bring Russia closer to the Western model.



 
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