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Medvedev is the paragon of a top corporate-statist-technocrat executive for the new Russian corporate state. Prior to 2002, when he came to head Gazpromexport, Medvedev had never been involved with natural gas. Born in the far eastern island of Sakhalin to the family of a Soviet air force officer, he left the island in his teens. In 1978, upon graduation from the fabled Phystech, Moscow's Institute of Physics and Technology--Russia's answer to M.I.T.--Medvedev, who majored in automated control systems, got a job with the Institute of World Economy and International Relations (IMEMO...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

...total project capacity of 395,000 BOE per day, including 9.6 million tons per year of liquefied-natural-gas production. It is also the largest single foreign investment in Russia. When Sakhalin II's operators initially refused to accommodate Gazprom, the government shut them down for gross violations of Russian environmental law, of all things. Putin personally finalized the deal between Gazprom and SE last December. SE had to sell its controlling share to Gazprom for a bargain $7.45 billion...

Author: /time Magazine | Title: Heavy Hitter | 5/17/2007 | See Source »

...injury prone and disinterested since she and her sister Venus dominated the game earlier in the decade and written off as plain washed up after losing to ... Bammer-- can now ponder the preposterous. A Grand Slam. Williams took the Australian title, crushing the sport's hottest star, Russian-born, American-bred Maria Sharapova, in the final, 6-1, 6-2. She followed that up with another impressive hard-court title at the Sony Ericsson Open in Miami, again dismantling Sharapova, 1 and 1, en route to beating the world's current top-ranked player, Justine Henin, for the championship...

Author: /time Magazine | Title: Slam, Glam, Serena | 5/17/2007 | See Source »

...Russian Orthodox Church was torn in two by revolution and regicide, by the enmity between communism and capitalism, nearly a century of fulmination and hatred. That all formally ended on Thursday in Moscow. Thousands of the Russian Orthodox faithful - including several hundred who flew in from New York - lined up under heavy rain to get into the Moscow's Cathedral of Christ the Savior. There, they witnessed the restoration of the "Canonical Communion and Reunification" of the Moscow-based Russian Orthodox Church (ROC), which claims more than 70 million adherents, and the U.S.-based Russian Orthodox Church Abroad (ROCOR), which...

Author: /time Magazine | Title: Putin's Reunited Russian Church | 5/17/2007 | See Source »

...Indeed, rather than first give thanks to God in his speech, the head of the ROC, Patriarch Alexy, paid homage to Russian President Vladimir Putin. The Patriarch emphasized that the reunification could happen only because the ROCOR saw in Putin "a genuine Russian Orthodox human being." Putin responded in his speech that the reunification was a major event for the entire nation...

Author: /time Magazine | Title: Putin's Reunited Russian Church | 5/17/2007 | See Source »

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