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NEWS
July 5, 1997 | CAROL J. WILLIAMS, TIMES STAFF WRITER
Russian President Boris N. Yeltsin celebrated his recovery from what he described as "the most difficult year in my life" with a proclamation Friday that his country is finally en route to the economic prosperity his people have hoped for since overthrowing communism.
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WORLD
March 16, 2014 | By Paul Richter
WASHINGTON - Supporters of Russian President Vladimir Putin expect to savor victory as residents of Crimea vote Sunday on splitting from Ukraine. But Western officials and analysts increasingly feel that in the long run, Russians will come to see their nation's military and political move into Crimea as a mistake. Two weeks after Russian forces entered the peninsula en masse, Russia's stock market and economic data have started to signal trouble - the start of what could become a lasting pullback by foreign investors.
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NEWS
February 20, 1992 | MICHAEL PARKS, TIMES STAFF WRITER
Amid Russia's collapsing economy, U.S. Ambassador Robert S. Strauss has an idea on how to help reverse the trend and move away from seven decades of Soviet socialism--open a dozen grocery stores. "Not big American supermarkets with everything, but stores that sell milk and eggs and sausage and vegetables," Strauss said Wednesday. "You know, grocery stores. "People need food, they have money and they will buy. Get two, three, four entrepreneurs and help them open corner groceries.
BUSINESS
August 23, 2012 | By Don Lee and Tiffany Hsu, Los Angeles Times
WASHINGTON - After nearly 20 years of negotiations, Russia has finally joined the ranks of the World Trade Organization, marking what analysts see as one of the last post-Cold War moves to bring Russia into the international economic community. Russia's formal entry into the WTO on Wednesday also made it the biggest economy to become a member of the Geneva-based trade body since China joined in late 2001. China's entry paved the way for a rapid acceleration of exports of manufactured goods to the U.S., contributing to a sharp increase in America's trade deficit.
NEWS
November 1, 1998 | MAURA REYNOLDS, TIMES STAFF WRITER
After seven weeks of intense speculation and debate, Russia's new prime minister unveiled a vague and contradictory economic crisis plan Saturday that amounts to a tactical retreat from market reforms. Prime Minister Yevgeny M. Primakov said he will try to pull Russia's economy out of its nose dive with measures including some price controls, state support for industry and increased regulation of financial flows. But he insisted that his country will not revert to a Soviet-style economy.
NEWS
July 4, 1998 | CAROL J. WILLIAMS, TIMES STAFF WRITER
Russia's perilous cash-flow crisis suffered two new setbacks Friday when the government gave the powerful gas monopoly Gazprom another month to pay more than $1 billion in overdue taxes and Royal Dutch Shell pulled out of the bidding for a major state oil company. Both moves mean further delay in filling the empty coffers of the federal government, which has been dealing with a perpetual revenue shortage by holding up the pay and pensions of government workers.
NEWS
November 29, 1993 | MICHAEL A. HILTZIK, TIMES STAFF WRITER
As if moving among gravestones, Vladimir Lozovitsky shambled between the silenced forms of high-tech equipment at the Molnya Design Bureau. He was virtually alone in the 10-story testing laboratory where he works, and the sound of his footsteps clattered off the walls. "My entire life is connected with this plant," said Lozovitsky, 57.
NEWS
March 13, 1999 | From Associated Press
Cranes hoisted the year's first American food aid to Russia onto a wharf in St. Petersburg on Friday after months of delays caused by U.S. concerns that the aid would be stolen or misused. Last fall, officials said the food would help Russia's poor through the winter months, but it arrived with spring only a week away. The aid will instead stabilize the market and make food more affordable, U.S. officials said. "It's not a matter of helping through the winter.
NEWS
November 24, 1992
In what could be a serious attempt to restructure Russia's ailing economy--or simply political posturing in advance of a potentially explosive session of the Congress of People's Deputies--acting Prime Minister Yegor T. Gaidar is scheduled to present a new anti-crisis plan to parliament on Thursday. As Russian President Boris N. Yeltsin's economic czar, Gaidar has been the point man for criticism.
NEWS
June 19, 1998 | RICHARD C. PADDOCK, TIMES STAFF WRITER
Anatoly B. Chubais, the Kremlin's new special envoy to international financial agencies, said Thursday that Russia needs as much as $15 billion in new foreign aid--a larger amount than any Russian official has previously suggested. Pointing to the severity of this nation's continuing financial crisis, Chubais said he will seek a loan of $10 billion to $15 billion from the International Monetary Fund and other potential lenders to help stabilize Russia's economy.
WORLD
July 19, 2010 | By Borzou Daragahi, Los Angeles Times
The hottest video rental in this beachside resort town isn't some action-packed Hollywood blockbuster, but "Brigada," a Russian miniseries about a bunch of army buddies who form an organized crime syndicate before they're rubbed out by a group of younger, more unscrupulous rivals. The Russian influence here is also visible in shop signs using the Cyrillic alphabet and Russian flags hanging outside stores just down the street from Starbucks. "We've had good relations with the Russians for a long time," said Nikos Andreo, a 57-year-old wine grower in Limassol.
WORLD
October 27, 2003 | Robyn Dixon, Times Staff Writer
Russia's richest man, oil tycoon Mikhail Khodorkovsky, spent his first night in jail, sharing a small cell in a chaotic and overcrowded detention center with five other men, as officials warned Sunday that the billionaire would not get special treatment. Khodorkovsky's arrest Saturday, expected to trigger shocks in Moscow's markets today, has concerned American officials. The U.S. ambassador to Russia, Alexander Vershbow, warned Sunday that the arrest could alarm foreign investors.
NEWS
April 4, 2001 | Associated Press
President Vladimir V. Putin admitted Tuesday that his government has done little to raise low living standards and warned that Russia's overreliance on raw material exports puts it at the mercy of swings in the world economy. In his annual state of the nation address, Putin urged economic reform, warning that the alternative "is a road to economic and social stagnation." Putin delivered the speech to the political elite in the Kremlin's Marble Hall.
NEWS
January 10, 2001 | JOHN DANISZEWSKI, TIMES STAFF WRITER
Playing hardball with Western governments to win further debt relief, Russia confirmed Tuesday that it does not intend to make all of its scheduled repayments this quarter to the Paris Club of creditor nations. Prime Minister Mikhail M. Kasyanov told reporters that his government failed to budget to meet its full repayment obligations and that he has asked Finance Minister Alexei L. Kudrin to quickly begin negotiations with the Paris Club members.
NEWS
September 20, 2000 | From A Times Staff Writer
House Republican leaders accused Vice President Al Gore and other officials Tuesday of mismanaging U.S. relations with Russia, with results ranging from the collapse of the Russian economy to the spread of government corruption and organized crime. In a 209-page report, a GOP panel chaired by Rep. Christopher Cox of Newport Beach said the administration used U.S. aid to subsidize Russia's central government at the expense of grass-roots efforts to build a free market economy.
NEWS
June 21, 2000 | ROBYN DIXON, TIMES STAFF WRITER
A week after the arrest of a powerful media mogul, prosecutors took aim at a second Russian tycoon Tuesday, arousing fears of a possible Kremlin campaign against select business leaders. The Moscow prosecutor's office filed suit to reverse the privatization of the country's largest metal company, Norilsk Nickel, which is controlled by leading oligarch Vladimir O. Potanin. The action followed the arrest June 13 of media tycoon Vladimir A.
BUSINESS
August 23, 2012 | By Don Lee and Tiffany Hsu, Los Angeles Times
WASHINGTON - After nearly 20 years of negotiations, Russia has finally joined the ranks of the World Trade Organization, marking what analysts see as one of the last post-Cold War moves to bring Russia into the international economic community. Russia's formal entry into the WTO on Wednesday also made it the biggest economy to become a member of the Geneva-based trade body since China joined in late 2001. China's entry paved the way for a rapid acceleration of exports of manufactured goods to the U.S., contributing to a sharp increase in America's trade deficit.
BUSINESS
November 5, 1998 | From Associated Press
After insisting it would pay its staggering foreign debts this year and next, Russia gave up and announced Wednesday it will have to ask its creditors to stretch out payments. The government was scheduled to pay $3.5 billion this year and $17.5 billion next year to foreign creditors. But First Deputy Prime Minister Yuri D. Maslyukov said, "Both tasks are too much for our weakened economy." Russia's economy was swept up in the global financial crisis last August.
NEWS
June 17, 2000 | CAROL J. WILLIAMS, TIMES STAFF WRITER
Despite nagging reminders of Kremlin human rights abuses and this city's Nazi past, Russian President Vladimir V. Putin and German Chancellor Gerhard Schroeder on Friday proclaimed new promise in their relations and a mutual commitment to making Russia part of a secure and prosperous Europe. A two-day summit between Putin and Schroeder produced the kind of "concrete results" both leaders said they prefer to the bearhugging, sauna-sharing camaraderie of their respective predecessors, Boris N.
NEWS
December 4, 1999 | From the Washington Post
The International Monetary Fund on Friday held back a $640-million loan installment for Russia in a move that many economists and Russian officials interpreted as a reaction to political pressure from European nations upset about the war in Chechnya. After IMF Managing Director Michel Camdessus met Friday with senior Kremlin economic advisor Alexander Y.
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