Today in Russian Business – Dec 24, 2009

President Dmitry Medvedev gave his review of the year on television today, praising Russia for surviving the economic crisis: ‘The year was extremely difficult and saw many dramatic events. We have survived and are continuing to develop, paying, in my opinion, a relatively small price for the international financial and economic crisis,‘ he said.  Russia has successfully tested its SS-18 Satan nuclear missile.  A Deloitte survey estimates that Russians will spend around $275 each on a dozen New Year’s presents.  ‘Analysts said there had been no changes in consumer behavior ahead of the holidays, because presents are one of the last things that people stop buying in a crisis.‘  Dmitry Medvedev reportedly told Alexei Kudrin to mind his manners after the finance minister accused Vneshekonombank’s chief of ‘a contentious [and] conceptually inaccurate approach to a national payments system‘, using his name in the third person. Russian brokerage Troika Dialog has sold $174 million worth of stakes in truck maker Kamaz and car manufacturer AvtoVAZ, and will pay $86 million in bonuses this month.  Six miners were killed and many remain missing after an explosion at an Evraz mine yesterday.