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Today in Russian Business – June 29, 2012

Today’s Moscow Times editorial says that Vladimir Putin’s speech at this year’s St Petersburg International Economic Forum was remarkably similar to his speech at the same event a decade ago – even down to his now characteristic habit of turning up late.  Investors remain wary about putting their money in Russia due to the usual concern of corruption-related underperformance.  In response to a legal dispute over regulation with its major shareholder Sual Partners, Rusal plans to hold an extraordinary general meeting in early August.