Rus News Journal

Russian and World News

$280 mlrd the penalty the American tobacco manufacturers should pay figures, consider in the Ministry of Justice of the USA. As respondents under the claim largest in world history which consideration has begun in the Washington federal district court, act Altria’s Philip Morris USA, Reynolds American, British American Tobacco, Liggett Group and Lorillard Tobacco. The tobacco companies are made answerable according to the law of 1970 intended for struggle against mafia groupings, - under the statement of the claimant, in 1953 of the head of the companies - respondents at meeting in nju - jorkskom hotel Plaza have agreed that will hide from the public the information on pernicious consequences of smoking. Endangering health of fellow citizens, throughout company half a century received superprofits and should return the incomes acquired by a criminal way, consider in Ministry of Justice. On the litigation initiated in 1999, it is already spent $135 million budget money. As experts speak, will prove fault of the companies uneasy but if the court satisfies state claims to tabachnikam, manufacturers are threatened with bankruptcy.

2 times - in the volume of import to Russia second-hand foreign cars so much was reduced. According to PricewaterhouseCoopers, in the first quarter 2004 to our country it has been imported 42 thousand second-hand cars against 83 thousand for the similar period of 2003. The data of semi-annual statistics is not published yet, but experts are assured that second-hand foreign cars will be and to lose the positions further. In the beginning of this year the government has deprived of private persons of all privileges on import of cars and has equaled them in the rights with legal bodies. As a result a segment “ private traders “ in this market it was narrowed less than to 20 %. In turn the firms importing to Russia second-hand cars, were reoriented now from the European cars on the American. Second-hand cars from the USA stand on 10-15 % more cheaply the European analogues at the expense of a high euro exchange rate, and against the general recession of their sale, on the contrary, have risen approximately on 30 %. Import to Russia new foreign cars At the same time grows. According to Federal customs service of the Russian Federation, for January - July, 2004 import of such cars has grown almost three times.

$1 mlrd has decided to enclose in a share holding “ the small Russian oil company “ the French oil company Total. According to the Parisian economic newspaper Les Echos, representatives Total have declared that they are not interested in acquisition of a controlling interest, and want to receive only blocking share in the company capital. While the name of the Russian partner is not disclosed. Past May managers Total have mentioned that wish to get a share in “ Sibneft “ but later have denied it. Analyst IK “ Uralsib “ Marina Lukashova considers that Total, most likely, will buy a share holding of the little-known and not public oil company: “ $1 mlrd would allow Total to get only 6 % of “Sibneft“ and to become the minority shareholder. This position, especially in a situation of divorce of “Sibneft“ with YUKOS, would be extremely unprofitable Total “. And here a large share holding of the company which is not quoted at a stock exchange, it is not burdened by superfluous actives and risks - rather favourable acquisition.

400 thousand pounds the governor of Chukchi autonomous region Roman Abramovich will spend for building of a supermodern skating rink for game in hockey in the manor in Great Britain, bought for 12 million pounds sterling in a county West Sussex. Besides a skating rink in a manor will erect a line for go-cart racing, pool, take-off - a landing strip for helicopters, the stand for shooting and some other constructions. It is supposed that Abramovich uses a skating rink for game in hockey with the children and visitors. In building of an entertaining infrastructure to mister Abramovich to be engaged not vpervoj. In the regional centre of Chukchi district Anadyr the governor from personal means financed building of the cinema, a covered skating rink and scale reconstruction of local recreation centre.

$178 million losses in the second quarter 2004 the division which is letting out cars of Jaguar has brought the companies of Ford. To lower costs on expensive manufacture, Ford management has decided to stop release of these cars at factory Browns Lane in an English city of Coventry. Besides Browns Lane in Great Britain there are four more factories, letting out Jaguars so the mark will not cease to exist. The factory in Coventry has been closed from - for weak congestion of manufacture - according to the British analysts, it let out few cars. Victims of optimisation of costs of a steel of 1150 workers - they have been dismissed, despite protests of the British trade unions. Ford is compelled to go for so radical measures - the general size of losses of divisions of the company on release of cars of a class “ lux “ (Jaguar marks, Land Rover, Aston Martin and others) for the second quarter of this year $362 million

has made