Dec
14

Russian News Monitor – Reign of fear grips Russia’s Chechnya (The Star)

Reign of fear grips Russia’s Chechnya (The Star)
GROZNY, Russia (Reuters) – Bearded police in camouflage clothes, carrying assault rifles and long daggers, stop cars with tinted windows in the rebuilt Chechen capital — their latest ploy in the hunt for Islamist fighters.

Russia’s unemployment over 7 days increases by about 1% (Itar-Tass)
MOSCOW, December 14 (Itar-Tass) — The number of unemployed citizens registered at the employment service bodies of Russia increased over seven days by 0.7 percent and amounted to 2.56 million people, the Russian Ministry of Health and Social Development reported on Monday.

Russia Halts Gas Transit to Armenia Via Georgia, Interfax Says (Bloomberg)
Dec. 14 (Bloomberg) — Russia halted transit of natural gas to Armenia via Georgia after an explosive device was discovered on a trunk pipeline in the southern Russian region of Ingushetia, Interfax reported.

(AFX UK Focus) 2009-12-14 12:08 UPDATE 2-Russia’s Exillon raises $100 mln in London IPO (Interactive Investor)
MOSCOW, Dec 14 (Reuters) – Exillon Energy, a Russia-focused oil producer, is to raise just over $100 million in what will be the first London stock market flotation by a Russian company since the financial crisis broke in 2008. The vast majority of the deal was bought by oil and gas sector specialist investors, while Russia or emerging markets focused funds bought a relatively small share, a …

(AFX UK Focus) 2009-12-14 08:28 REFILE-UPDATE 1-Russia’s Exillon raises $100 mln in London IPO (Interactive Investor)
MOSCOW, Dec 14 (Reuters) – Exillon Energy, a Russia-focused oil producer, is to raise just over $100 million in what will be the first London stock market flotation by a Russian company since the financial crisis broke in 2008. The group, which has early stage assets in the Western Siberia and Komi regions of Russia, said on Monday it would place 40.5 million shares at 153 pence each and will …

Russia, U.S. to continue arms reduction talks next week (People’s Daily)
Russia and the United States will continue talks on a successor deal to the expired Strategic Arms Reduction Treaty (START-1) in Geneva next week, the Foreign Ministry said Friday. “The talks are expected to continue next week” in Geneva, Russian news agencies quoted a Foreign Ministry official as saying. Moscow and Washington have been in intensive nuclear disarmament talks since July …

India-Russia ties back on track: Russian envoy (Calcutta News)
Prime Minister Manmohan Singh’s recent summit with Russian President Dmitry Medvedev in Moscow has injected ‘a new freshness’ into India-Russia relations which are now ‘back on a very solid track,’ the Russian envoy said here Monday.

Russian mobile firms gain permits for Moscow 3G (Reuters via Yahoo! Singapore News)
MOSCOW, Dec 14 (Reuters) – Russian mobile phone service providers Mobile TeleSystems (MTS) , Vimpelcom , and Megafon said on Monday they had won permission to establish a 3G phone service for outdoor use in Moscow.

(AFX UK Focus) 2009-12-14 13:22 Russian rouble at 1-week high as tax payments eyed (Interactive Investor)
MOSCOW, Dec 14 (Reuters) – The Russian rouble edged up to one-week highs versus a euro-dollar basket Monday, cheered by a recovery in investor sentiment and oil prices, and propelled higher by companies’ preparing for domestic tax payments. The rouble, closely correlated with Russia’s key export oil , has been on the back foot since setting 11-month peaks in mid-November. But with domestic …

India-Russia ties back on track: Russian envoy (New Kerala)
New Delhi, Dec 14 : Prime Minister Manmohan Singh’s recent summit with Russian President Dmitry Medvedev in Moscow has injected “a new freshness” into India-Russia relations which are now “back on a very solid track,” the Russian envoy said here Monday.