By Citizen M | Published: December 28, 2009
Russia’s anti-monopoly service has
opened a probe into mobile operator Vimpel Communications, suspecting it of abusing its market position. The word for Russian business in 2010:
restructuring. President Dmitry Medvedev is reportedly ‘
frustrated‘ at the slow pace of Russia’s research and development. The Health and Social Development Ministry is
accusing brewers of adding pure alcohol to their products. Sberbank says it will
file a lawsuit if its demands that General Motors reimburse expenses incurred by the state bank from its failed bid to purchase Opel are not met. Vladimir Putin has
outlined a plan for civilian shipbuilding development, which will require $5 billion into 2020. Russia, along with China and India, has been one of the
most aggressive buyers of gold this year. The central bank has unveiled its 10th
interest rate cut of the year. The
Globe and Mail looks at the recent trials and tribulations of Russia’s oligarchs.