Vneshtorgbank, Russia’s second largest bank, is to invest roughly $260 million in “the purchase and construction of a residential complex” in London. Magnit, Russia’s largest supermarket chain by stores, may seek to sell at...
Today: State corporations; GPS satellites launched and ballistic missiles tested; Lavrov discusses foreign policy; anti-globalists hold anti-luxury rally in St. Petersburg. The State Duma began passing laws to set up new state corporations in the ...
A few days ago Lilia Shevtsova published the following column in the Moscow Times: The Power Paralysis By Lilia Shevtsova Those watching President Vladimir Putin on television could not fail to see a change in his mood. After he decided on his par...
Russia’s retail turnover for November 2007 exceeded 1 trillion rubles for the first time ever, and the country will become the world’s fifth largest economy by 2020, provided its gross domestic product keeps its current annual growth rate. R...
Part of Russia’s plans to build Rosatom, the state nuclear power corporation, will include the setting up of a national nuclear energy university, to be based at the Moscow Engineering Physics Institute. Unified Energy System (UES) has completed t...
Today: bird flu; pro-Kremlin youth groups; relations with Iran steadily improving; US missile shield tensions continue; a satellite tracker for Putin’s labrador? Russia’s equivalent of Santa Claus is called Ded Moroz, or Father Frost. Every ...
Gazprom Neft Finance, a subsidiary of the energy giant Gazprom, has asked permission from the Federal Antitrust Service (FAS) to buy a 50% stake in Tomskneft from Rosneft. Libya‘s leader Colonel Muammar Qaddafi has met with Russian foreign m...
Vladimir Putin’s love of judo has apparently landed him a starring role in an instructional DVD. The BBC today is running a story about Vladimir Putin’s forthcoming appearance alongside an Olympic champion. They write: “Russia’s judo-loving ...
Billionaire Suleiman Kerimov is seeking to buy the 7.4% stake in Polyus Gold, Russia’s biggest producer of the metal, jointly held by former partners Mikhail Prokhorov and Vladimir Potanin. As predicted, Oleg Deripaska’s United Company...
Today: Gunvor denies links with Putin; Fifth State Duma opens; Medvedev to begin presidential campaigning; Zubkov initiates wage hike for public sector; Khodorkovsky lawyers apply for case dismissal; corruption; Badri Patarkatsishvili assassinatio...
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