March 6, 2008 By Citizen M

RA’s Daily Russia News Blast – March 6, 2008

060308.jpgTODAY: Aleksanyan will not be released from custody. Foreign investment in internet and mass media restricted. Moscow billionaires. Russia “sacrifices growth to curb inflation”. The Kremlin is reportedly spending “tens of millions of dollars” on various forms of public diplomacy, including new media ventures to target international audiences and boost its image. A Russian draft law on limiting foreign investment has been amended to include internet-providers, certain mass media, and fishing. The bill will require current owners of more than 5% in strategic companies to report to the government. Critics are concerned that the amendments may signal “a Kremlin step toward tighter control over the internet.” Cartoon channel 2×2 has yanked two animated programs from its rotation after receiving a warning from the federal media watchdog. The Moscow City Court has refused to release former Yukos vice president Vasily Aleksanyan from custody while he receives treatment for lymphoma. His lawyer said that the ruling means he will likely die before his case comes to trial.

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