On Russia’s meetings with India’s prime minister: ‘Prime Minister Vladimir Putin, who presides over an economy expected to contract by over 8.5% in 2009, looked visibly uneasy as his counterpart Manmohan Singh told him how the Indian economy was roaring ahead.
‘ The Kremlin has reassured VEB that it will not be among the first wave
of state corporations to be part-privatized, although it implied that the bank will eventually be subject to legal restructuring. The ruble has dropped to below its early October rates
thanks to a stronger dollar. Russia’s agricultural output has seen a boost
this year, apparently thanks to a government stimulus program.