Rosneft Values Itself at $100 Billion
By Valeria Korchagina 13 June 2006
Rosneft hopes to raise $10 billion by selling 10 percent of its stock in its upcoming initial public offering, bankers familiar with the situation said Monday.
Vladimir Filonov / MT
An elderly woman selling Russian flags on Manezh Square during the Russia Day holiday on Monday. Celebrations included a march on Tverskaya Ulitsa.
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On Russia Day, Putin Embraces Democracy
By Anatoly Medetsky 13 June 2006
Despite having once called the Soviet collapse the "greatest geopolitical catastrophe of the century," President Vladimir Putin on Monday praised Russians for rejecting dictatorship and embracing democracy.
A War of Words on Energy at G8 Talks
By Stephen Boykewich 13 June 2006
A meeting of the Group of Eight finance ministers over the weekend seemed only to deepen the Russian-European standoff over Gazprom's export monopoly, setting the stage for high-stakes conflict as Russia hosts the G8 summit here next month.
Hermitage Investors Pull Out $500M
By Catherine Belton 13 June 2006
Investors in Hermitage Capital Management have pulled out $500 million from the country since it was made public that CEO William Browder had been barred from Russia.
IPOC Files Racketeering Lawsuit Against Alfa
By Catherine Belton 13 June 2006
The lawsuit, filed in a New York district court, claims that Alfa conspired to steal a stake in MegaFon. Alfa denies the allegation.
Nuclear Sector Ready for Market Reform
By Yuriy Humber 13 June 2006
President Vladimir Putin said Friday that the country's nuclear energy reforms were "close to completion," signaling that the Kremlin would soon put forward long-awaited legislation to modernize the industry into a market-driven corporation.
Ban on Voting 'Against All' Wins Tentative Approval
By Francesca Mereu 13 June 2006
The State Duma has tentatively approved a bill that would remove the "against all" option from ballots in national elections, a change the opposition criticized as an attempt to silence discontent with the state.
Developers Looking to IPOs
By Conor Humphries 13 June 2006
As Sistema-Hals readies to become the country's first foreign-listed developer, IPOs seem to be far off for the firm's local rivals.
Suspect, Posing as Brother, Walks Free
By Carl Schreck 13 June 2006
A reputed crime boss made an audacious, if simple, jailbreak late last week by swapping clothes with his doppelganger brother and walking out of a Siberian detention center.
St. Pete Hopes for a Real Estate Miracle
By Yekaterina Dranitsyna 13 June 2006
With the aid of an amended law on land distribution, the construction industry is hoping to stimulate the St. Petersburg residential market, which faces both a deficit of new projects and surging real estate prices.
The Civil Society Paradox
By Alexey Bessudnov
13 June 2006
A few months ago, I attended a lecture given at St. Antony's College, University of Oxford, by Irina Yasina, the deputy chair of the Open Russia foundation, whose mission is to support nongovernmental agencies in Russia.
What Putin Should Have Said
By Alexei Pankin
13 June 2006
A historic event took place in Moscow on June 5, though no one seemed to notice. For the first time in 15 years, a major international forum produced criticism of the state of press freedom in Russia that merited consideration.
Just How the U.S. Can Ultimately Win in Iraq
By Richard Lourie
13 June 2006
As an American, I now realize that the United States went into Iraq without a plan. It must not try to leave without one.
Kuznetsova Blasts Her Wasted Opportunities
Combined Reports
13 June 2006
Russian Svetlana Kuznetsova blamed a hatful of missed chances for her French Open final defeat by Belgian Justine Henin-Hardenne on Saturday.
Decline and Fall
By Alastair Gee
9 June 2006
A former fashion photographer captures the ruinous decay of historic country estates in a new exhibition.
Surf's Up, Comrade
By Anna Malpas
9 June 2006
A new album mixes Russian prison songs dating back to the Stalin era with Hawaiian-style surf music.
Art for Dummies
By Brian Droitcour
9 June 2006
Four mannequins coated with collages are the stars of Darya Usova's installation "JL" at Stella Art Gallery.
The People's Poet
By Benjamin Paloff
9 June 2006
The details of her love life no less spicy for the years, Anna Akhmatova is also presented as a symbol of Russia's tragic history in a new biography of the poet by Elaine Feinstein.
Behind the Camera
By Tom Birchenough
9 June 2006
Famed theater director Kirill Serebrennikov has never had much luck in film - until now, with his new screen version of "Playing the Victim."
Wanted
By Kevin O'Flynn
9 June 2006
Alexei didn't mind telling me about his trip to Zimbabwe, where he peppered the local animal population with as much lead as possible.
Global Eye
By Chris Floyd
9 June 2006
New sites of shame have entered the American lexicon: Haditha, Ishaqi, Hamandiya, Samarra - places where horrors large and small have marked this beginning of the fourth year of occupation.
