Vladimir Putin has affirmed, according to the FT, that Moscow will try to restrict the capital inflows that have prompted the strengthening of the ruble in recent months, imperiling the country’s return to economic stability. A joint venture is underway between India and Russia who intend to pump $300 million each into the production of military planes for their armed services. Mobile operator MTS intends to issue bonds totaling $1.17 billion. President Medvedev has approved a law to restrict the expansion of retail chains in a measure purportedly designed to guarantee that prices for customers remain low. Vladimir Putin explains the concept of mate’s rates to workers at a Sollers factory in eastern Russia.