A Russian man and his son face various fraud charges after U.S. authorities unsealed a nine-count indictment dating from 2007 on Tuesday, according to federal prosecutors. Vladimir Zdorovenin, 54, of Moscow, and his son Kirill are charged with conspiracy, mail fraud, wire fraud, computer fraud, aggravated identity theft and securities fraud, according to the U.S. Attorney's Office for the Southern District of New York. Authorities allege the two men used malicious software to collect credit card numbers, ...
Read the rest of this entry >>>January 28, 2012
Third Millennium Russia Fund Shares Insight on 2012 Prospects for Russian Stock Market
NEW YORK, Jan. 18, 2012 /PRNewswire/ -- Third Millennium Russia Fund (TMRF) portfolio manager, John Connor is calling investors' attention to the "solid prospects" for the Russian economy and stock market in 2012. "Even though the markets performed even worse in Brazil, India and China last year, the Russian market was down over 20% so that, today, the market P/E is about five, making ...
Read the rest of this entry >>>Rouble retreats from multi-month highs, stocks mixed
MOSCOW: The rouble retreated from multi-month highs versus the dollar on profit taking on Friday, while Russian stocks were mixed after hitting their highest level so far this year on Thursday.
By 0715 GMT, the rouble had weakened 0.6 percent to 30.38 after hitting its strongest level since November at 30.20 on Thursday. Versus the euro, the rouble was flat at 39.81.
"A temporary ...
Read the rest of this entry >>>Russian Stocks Surge as Investor Risk Appetite Returns
Russian stocks surged to this year’s highs in Tuesday’s trading as investor risk appetite returned to markets amid encouraging news from Europe and rising world oil prices. The markets responded positively to a statement by European Central Bank chief Mario Draghi who said that despite SP’s decision last night to remove the top AAA rate from the European Financial Stability Facility, designed to help eurozone countries tackle their sovereign debt crisis, Europe’s bailout fund should draw ...
Read the rest of this entry >>>Hedging at 18-Month High to Europe on Protests: Russia Overnight
A protester carries a poster depicting Russia's Prime Minister Vladimir Putin during a protest rally against the alleged rigging of the December 4 parliament elections in St.Petersburg, on December 24, 2011.
A protester carries a poster depicting Russia's Prime Minister Vladimir Putin during a protest rally against the alleged rigging of the December 4 parliament elections in St.Petersburg, on December 24, 2011. Photographer: Olga Maltseva/AFP/Getty Images
Options traders are paying the most for protection against declines ... Read the rest of this entry >>>Azarenka destroys Sharapova in Australian Open final
Maria Sharapova has once again missed on a Grand Slam title, failing to find keys to Victoria Azarenka of Belarus in the women’s final of the Australian Open. Azarenka commited two double faults to allow Sharapova to break her in the very first game of the opening set. But the Belarusian soon coped with her nerves. The 22-year-old leveled the score in the set at 3-3, and then stunned her opponent by grabbing nine games in ...
Read the rest of this entry >>>Plane mad… artist digs deep with desert jet project
Being in a plane buried in sand beneath the desert may sound like your worst-ever accident scenario. But a Swiss artist is planning to offer precisely that experience to visitors to his new project in California’s Mojave Desert. Christoph Buchel is set to bury a Boeing 727 ten meters below the surface for his Terminal project. He has already applied to the Kern County administration for a permit to use undeveloped desert land near Boron. ...
Read the rest of this entry >>>US toothless against Iran rock: Pentagon seeks new superbomb
Having considered the toughness of the rock-hidden Iranian nuclear facilities, America’s Nutcracker military command has decided to save jaw and develop a new conventional superbomb, since the US still plans to do the job in Iran without nukes. Washington has once again reminded Tehran that it has the military capability to crack Iranian hard-target nuclear sites with conventional weapons, leaking to the Wall Street Journal plans to develop an even more effective bunker-buster bomb. The American ...
Read the rest of this entry >>>Anonymous swoop on Mexico govt. sites in copyright law protest
Online hacktivist group Anonymous has blocked access to Mexican Senate and Interior Ministry websites. The attack is a protest against a proposed law that will see those who violate copyright online fined one million pesos (over $100,000). The proposal, from conservative senator Federico Doring, is widely seen as the Mexican version of the SOPA/ PIPA bills, denounced by Wikipedia and other web giants, as well as by the internet community at large, as a threat ...
Read the rest of this entry >>>‘Mutual interest between Gazprom and our club’ – Bayern chairman
Bayern Munich’s chairman Uli Hoeness has commented on media reports claiming that Russian gas giant Gazprom is close to signing a sponsorship deal with Germany’s biggest football club. “We had a very pleasant conversation over lunch with Alexey Miller,” Uli Hoeness told Sport-Express newspaper. “The head of Gazprom arrived for to negotiations on gas with the government of Bavaria. He also contacted us and we arranged a meeting. Both sides were completely open with each ...
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