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Foreign Investors Included in Privatization Plan
The government is counting on foreign investors to help it privatize an estimated $29 billion in assets to reduce the state's "excessive" presence in the economy, Economic Development Minister Elvira Nabiullina said.
Wildfires Kill at Least 25 People
Reuters
Forest fires appearing in western Russia on Friday killed at least 25 people and forced the evacuation of thousands in the hottest weather since records began 130 years ago. The fires have destroyed the homes of more than 2,000 people.
Presidium Approves 2011-13 Budget Outline
By Peter France
The Presidium approved an outline for the 2011-13 federal budget, which included a large infusion of funding for federal targeted programs and a steadily decreasing deficit.
Passenger Detained After Airport Standoff
An Ingush-born businessman kept 104 people waiting aboard an airplane at Domodedovo Airport on Thursday during a 2 1/2-hour standoff. He was eventually detained by police officers disguised as medics.
Kremlin's Top Human Rights Advisor Quits
Reuters
President Dmitry Medvedev's chief human rights advisor has quit, saying she was unhappy with the atmosphere in Russia. Ella Pamfilova's resignation could come as a blow to Medvedev's efforts to cast himself as a liberal.
Vladimir Filonov / MT
On the Trail of City Funds Spent on Strays
Moscow City Hall has allocated $190 per month for every stray dog housed in its animal shelters in 2010. But a review of documents obtained by The Moscow Times found that stray dogs are part of a lucrative — and extremely murky — business that has helped enrich a relative of at least one senior city official.
- Medvedev Signs Bill Widening FSB Powers
- Khimki Forest Battle Takes Violent Turn
- Kommersant Head Quits Police Council
- U.S. Releases Photos of Deported Russian Spies
- DST to Introduce IPO in 2001
- Envoy Says Missing Pilot Held by Sudanese Militia
- TNK-BP Mulling Purchase of BP Assets
- New Bid to Erect Tsereteli Statue in Puerto Rico
- U.S. Says START Spats Didn't Include Cheating
- Rosneft, Others May Deliver Gasoline to Iran
- In the Spotlight: Indecent Exposure
A Warning to Potential InvestorsBy Liam Halligan and Denis Spirin
The government just approved the sell-off of an estimated $29 billion in state assets. But investors beware, a major investment company warns. Russia’s legal system has made little progress, as illustrated by a case unfolding at Prosperity Capital Management.
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In the Spotlight: Indecent ExposureBy Anna Malpas
Channel One just started to air “Lie Detector,” a game show in which contestants try to win 1 million rubles by truthfully answering difficult questions. In the first show, a middle-aged nanny and a 23-year-old businessman gave up information usually revealed only to God.
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Theater Plus: A Russian Fairy Tale in Rural MassachusettsDouble Edge Theater, located on a farm in the tiny hill town of Ashfield, Massachusetts, is a unique and surprising organization. Its productions have been seen in cities all over the United States and in such countries as Bulgaria, Poland, Hungary and Romania.
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PIK to Sell $500M in Shares to Pay Debts
PIK Group is planning on selling up to $500 million in shares to pay off debts, the company's board of directors decided Friday.
