The St. Petersburg Times  

Issue #760 (26), Tuesday, April 9, 2002

BUSINESS


French Propose MiG-AT Partnership

ZHUKOVSKY, Central Russia - After taking a short flight over Zhukovsky Airfield just south of Moscow, French Air Force chief Jean Pierre Job patted his Russian co-pilot on the shoulder and ...

Yukos Closer To Grabbing Gas Producer

MOSCOW - To further solidify its grip on Rospan International, oil major Yukos on Monday named new managers and a new board of directors at the lucrative Siberian gas producer.

Viktor Solovykh, a vice president at Yukos' exploration and production division, was appointed general director, replacing Rospan external manager Mikhail Rubtsov.

"The election of the new management, as well as the closing of Rospan's bankruptcy proceedings, will allow the work of the enterprise to get back to normal," Yury Beilin, Yukos president for exploration and production, said in a statement. "This is in the ...

Duma Rebels on Central Bank Legislation

MOSCOW - In the face of government and Central Bank opposition, the State Duma passed controversial amendments to the law on the Central Bank in the crucial second reading in a landslide vote Friday.

"The government will raise the issue of returning [the amendments] to the second reading," Interfax quoted Deputy Prime Minister and Finance Minister Alexei Kudrin as saying after the Duma session.

The government objected to amendments that would create a 13-member National Banking Council with the right to approve the Central Bank's annual financial statements and accounting rules. The government has ...

Mortgages on Farms in Line for Deputies' Approval

MOSCOW - The State Duma decided on Friday to allow farmland to be mortgaged, removing one of the main obstacles to development of the agricultural sector.

"For agriculture this innovation ...

IN BRIEF

Chicken Confidence

MOSCOW (SPT) - U.S. chicken industry officials said they expect to meet Russian demands on tightening quality control on poultry exports, Interfax reported Monday.

Satisfying ...

Time for Europe To Take Free-Trade Lead

WITH its heated rhetoric and threats of retaliation, the trans-Atlantic fight over U.S. President George W. Bush's decision to raise tariffs against imported steel may look like just another ...

President Facing An Impossible Task Ahead

THIS month marks the halfway point in President Vladimir Putin's first term. Putin continues to enjoy high poll ratings, a submissive parliament and a reputation as the strong hand on the tiller of state. But will that be enough to earn him a second term?

...

New Code Regulates Managerial Liablity

THE adoption of the new Code of Administrative Offenses of the Russian Federation, which was passed on Dec. 26, 2001, and signed into law by President Vladimir Putin on Dec. 30, 2001, will bring considerable changes in the entire system of administrative ...


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