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...State-owned Rossia 1 broadcast a short news report about an hour after the bombers struck, followed by a documentary about a famous folk singer and a police drama. NTV, which was once the benchmark for Russian television journalism and is now controlled by the state-owned gas giant Gazprom, was last to report on the bombings at 10 a.m. - a full two hours after the first blast. The story came "as soon as [the channel] had video footage from the scene of the tragedy," network spokeswoman Maria Bezborodova said in an e-mail. NTV's report was preceded...

Author: /time Magazine | Title: Why the Bombings Weren't Breaking News in Russia | 3/31/2010 | See Source »

...Navalny's targets have included the oil and gas giant Gazprom, which was previously chaired by Russian President Dmitri Medvedev, and the state-owned oil company Rosneft, whose chairman is Igor Sechin, a Deputy Prime Minister widely seen as Russia's most powerful official after his boss, Prime Minister Vladimir Putin. In 2008, Navalny filed a lawsuit to force Rosneft to reveal information about delivery contracts it had with an obscure Swiss oil trader called Gunvor, whose co-owner is an acquaintance of Putin's. A Moscow arbitration court rejected the suit, saying the company was not obligated by Russian...

Author: /time Magazine | Title: Russia's Erin Brockovich: Taking On Corporate Greed | 3/9/2010 | See Source »

...Some bloggers say he collects dirt on companies to demand payouts in exchange for keeping quiet. (He denies the accusation, saying the companies he targets are too powerful to bother with hush money.) Others claim he is secretly funded by powerful businessmen who want to make their competitors nervous. Gazprom even published a two-page article in a corporate publication attacking Navalny for his pursuit of criminal charges in a deal involving a Gazprom subsidiary, accusing him of "terrorizing" state-owned companies in order to build "political capital." The article also ridiculed him as a bumbling version of "the brave...

Author: /time Magazine | Title: Russia's Erin Brockovich: Taking On Corporate Greed | 3/9/2010 | See Source »

Selling Russia warships is certainly a nifty way of doing that. But some observers think the naval deal is being used as bait by Sarkozy to secure France wider-ranging business deals with Russia. During Medvedev's Paris trip, for example, the Russian energy giant Gazprom signed a contract with Paris-based GDF Suez to give the French company a 9% stake in the Nord Stream natural-gas pipeline and up to 1.5 billion cubic meters of gas by 2015. Nord Stream had previously been exclusively a Russo-German affair - one of many deals that other European countries and companies...

Author: /time Magazine | Title: Why France Is Selling Warships to Russia | 3/3/2010 | See Source »

...former Soviet states might not care anymore if they anger their former benefactor. A sense of defiance has grown in the region since the Russia-Georgia war, which proved that Moscow would not stop at economic bullying in its efforts to maintain influence over its neighbors. (Read "Russia's Gazprom Diplomacy: Turning Off Europe's Heat...

Author: /time Magazine | Title: Energy Wars: Russia's Neighbors Get Even | 1/25/2010 | See Source »

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