Prosecutor General Yuri Chaika says that 31,000 cases of corruption were prevented by Russian police this year. ‘The number of bureaucrats is growing, even though the population as a whole is not.’ Russia unexpectedly cut its benchmark refinancing rate by a quarter percentile today, in a decision based on ‘the estimation of inflation risks and risks to the stability of economic growth’. Consumer inflation is anticipated to reach 7% percent next year, amid reports that the central bank will start easing monetary policy next year. ‘The political turmoil has spooked investors, but a Russian Spring could ultimately be a great buying opportunity.’ Gazprom is going to help promote Mikhail Prokhorov’s plan to build the Yo-Mobile, a fuel-efficient car. Shareholders at Domodedovo airport estimate its value at $5 billion. VTB will receive 20% of Metalloinvest as repayment for a $1.5 billion loan.