TimeLine Layout

November, 2008

  • 11 November

    Russian stocks fall, adding to record slump, on rescue loans

    Russian stocks fell, extending yesterday’s record drop, as a plan by President Dmitry Medvedev to lend billion to banks wasn’t enough to convince investors the government can halt its worst financial crisis since 1998.

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  • 11 November

    Russia replaces Ingushetia puppet

    Russia has appointed Yunus-Bek Yevkurov, a paratroop commander, as the new pupppet leader of Ingushetia.   Dmitry Medvedev, Russia’s president, dismissed Murat Zyazikov as president of the region, which is a federal subject of Russia, in an attempt to quell unrest there.

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  • 11 November

    Blasts occurred in Gali

    As it has been reported, several explosions occurred at a territory of the district of Gali, the separatist region of Abkhazia.   Reportedly, a heavy armored vehicle blasted on an antitank mine in the village of Chuburkhinji; because of explosion one representatives of the Russian occupational forces died at the …

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  • 11 November

    Russian ruble crisis costs the Kremlin billions

    Only a few months ago, the Kremlin was talking about pricing its oil in rubles and making the ruble a regional reserve currency, giving it a status closer to that of the euro and the dollar.

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  • 11 November

    Economic crisis compounds Russia’s demographic decline

    The financial crisis in the Russian Federation has pushed up the already high rates of mortality from heart and circulatory diseases there to third world levels, according to medical experts. And that development combined with other trends likely makes the demographic future of Russia even bleaker than had been thought.

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  • 11 November

    Ossetians kidnap six Georgians

    Ossetians have abducted six ethnic Georgians from the villages of Zerti, Gori district. The men went to the forest for fire wood at 4pm yesterday and the separatist gunmen must have kidnapped them a few hours later.

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  • 11 November

    Greek Official Sacked for His Views

    11 November 2008 Skopje – The Greek leading left-wing opposition party PASOK sacked its political communications advisor after he publicly said that Skopje has every right to be called Macedonia and that a Macedonian minority does exist in Greece.

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  • 11 November

    Financial Crisis Will Hit Serbia, UN Official

    11 November 2008 Belgrade – The international financial crisis has already reached Serbia and the country must brace itself for the protracted consequences of a market slump, a top official with the United Nations Development Program said.

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  • 11 November

    Albanian MPs Go on Hunger Strike

    11 November 2008 Tirana – Eleven lawmakers from Albania’s smaller parliamentary parties went on hunger strike on Monday to protest agaomst proposed changes to the electoral code.

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  • 11 November

    Serbia to Finalise Russian Gas Talks

    11 November 2008 Belgrade – The Serbian government will enter the final phase of talks with Russia’s oil and gas conglomerate OAO Gazprom over the sale of the country’s Naftna Industrija Srbije, NIS, oil industry and the development of a wing of the South Stream gas pipeline, a official said on …

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