Today in Russian Business – Nov 7, 2011

According to Bloomberg, IMF chief Christine Lagarde is expected to use her first visit to Moscow convincing the Kremlin to ‘chip in some of its petro dollars to boost bailout funds for the euro zone’.  President Medvedev has said ahead of the meeting that big business needs to act in order to re-establish financial solvency in Europe.  The Moscow Times has an overview of how Russia-Brazil trade relations are rapidly increasing.  A potential stumbling block for Russia’s WTO accession might have come in the form of concerns from members of the U.S. Congressional High-Tech Caucus, who fear that Moscow might renounce its commitment to join the Information Technology Agreement.  Bloomberg reports on how the increase in shareholder tensions behind mobile operator VimpelCom has precipitated a plummet in its share prices.