*Note to readers: the M:Communications company advises that Mr. Gennady Timchenko owned less than 0.1 percent of Surgut shares as of June 11 The Kremlin-connected oil company Surgut Neftegaz has launched judicial proceedings in Budapest's metropolitan court against Hungarian MOL, the most successful private oil... MORE

Turkey continues to debate the implications of an ongoing controversial fraud case in the German courts involving, among others, individuals close to the governing Justice and Development Party (AKP). After the Turkish courts launched this case, the Deputy Prime Minister Bulent Arinc added a new... MORE

As anticipated (EDM, May 26) Moldovan opposition parties have forced the holding of new general elections by boycotting the election of a head of state in the newly-elected parliament on June 3 (Moldpres, June 3-7). The opposition's move has, in effect, nullified the parliamentary elections... MORE

Dagestani Interior Minister Adilgerei Magomedtagirov was killed in broad daylight at the entrance to restaurant in Makhachkala on June 5. Even though Dagestan is known for political murders - and specifically the murders of top law-enforcement officials - it was the first time that an... MORE

On June 3 the Collective Security Treaty Organization (CSTO) defense ministers met to consider intensifying military cooperation and formalizing the new rapid reaction forces. They are currently finalizing preparations to hold a CSTO military exercise in Belarus to "test" the new formation. Leanid Maltsaw, the... MORE

A mass riot induced by the developing economic crisis, served to confirm the identity of the real boss and decision maker in Russia. While Russian President Dmitry Medvedev was speaking to the World Economic Forum in St. Petersburg on June 4, Prime Minister Vladimir Putin... MORE

On June 4 during his trip to the Middle East President Barack Obama delivered a speech at Cairo University outlining how his administration intends to develop a new relationship with the Muslim world. Obama delineated seven interrelated issues which need to be addressed. Those included... MORE

Participants in the Caspian oil and gas forum, just held in Baku, confirmed that Turkey's AKP government has reverted to obstruction of the Nabucco project for Caspian gas to Europe (Trend Capital, Day.az, Turan, Reuters, June 3-5). The government in Ankara seemed to have adopted... MORE

On June 2 the long-awaited trial began in Moscow's Tushinsky District Court of Vladimir Nekrasov, the reputed owner of Arbat Prestige, the largest chain of cosmetics stores in Russia and the CIS and his co-defendant, Semyon Mogilevich, (alias Sergei Shneider), a person wanted by the... MORE

On June 6-7 the Economic Forum in St. Petersburg had a far more somber atmosphere and a greatly reduced entertainment program than last year, when Russia was still portrayed as an "island of stability" in the sea of troubles. The central event was again the... MORE