Issue 4461. Last Updated: 08/23/2010

Bushehr Launch Boosts Rosatom

Russia and Iran on Saturday jointly launched the Bushehr atomic power plant after years of delays and despite concerns about nuclear proliferation. State-run Rosatom hopes the completion will help it secure contracts in other developing countries.

Colonel Cleared in Chubais Attack

A jury has acquitted a group of nationalists headed by a former colonel of trying to kill Anatoly Chubais, an architect of Russia's market reforms, in a retrial that cast rare light on anger in some military circles toward Vladimir Putin's rule.

2 Pro-Kremlin Parties Square Off Over Popular Blogger

United Russia has accused a prominent humanitarian activist of secretly working for a rival pro-Kremlin party, raising suspicions that the ruling party is trying to shift attention away from the wildfires ahead of regional elections in October.

Farmers Get Rain, But Still Not Enough

Sowing of winter grain crops in a number of regions has been delayed as the two-month drought and heat wave dried out the soil, the Russian Grain Union said. Rain that has fallen since Thursday hasn't significantly improved the situation.

Watchdog Opens Cases Against Bread Makers

The nation's competition watchdog has opened cases against six bread producers, accusing them of price gouging, as grain prices rise because of this summer's drought taking a toll on Russia's harvest.

Officials Waste $13.5Bln in 2009, Putin Says

Prime Minister Vladimir Putin singled out Volgograd City Hall in his criticism of corruption Friday, while blasting regional and local officials for some $13.5 billion in pointless spending last year.



Russian Blogs Are Harmful to Your Health

In Russia, Web 2.0 services like LiveJournal are virtually the only way to keep informed and definitely the best way to get a sense of people’s reaction to the news. But bloggers by definition concentrate on the negative, which can leave readers yearning for a good old, politically correct and mentally stable newspaper.



Catherine’s Maidens – Beautiful, Plain, Noble

Seven portraits of young noblewomen who studied at the Smolny Institute — Russia's first educational institute for women — in the late 18th century are now on display at the Russian Museum in St. Petersburg. The portraits, which helped create the role-portrait genre, capture the feminine ideal of Catherine the Great's Russia.



Theater Plus

Theater Plus: Theater, Social Commentary and the Paradox of Moscow Traffic

Our theater critic interviewed Thomas Irmer, a German journalist and theater critic, who had a keen outsider's view of a controversial play performed in Moscow.



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  MICEX 10 Index 3238.22   0.528%  

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  MICEX Power 3007.64   1.040%  

  MICEX Telecommunication 2001.61   0.426%  

  MICEX Metals & Mining 4234.65   1.528%  

  MICEX Manufacturing 1875.60   0.188%  

  MICEX Financials 5577.14   0.797%  

  MICEX Consumer Goods 4200.98   0.628%  

  MICEX Chemicals 4438.80   0.745%  
  Closing prices for 08/20/2010  

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Key Infrastructure to Lose Tax Break

The Finance Ministry said it would seek to cancel state subsidies of regional and local taxes on key infrastructure assets, including railroad tracks, trunk pipelines and power lines, starting in 2012.





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