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Today in Russian Business – Dec 8, 2010

The Wall Street Journal comments on the fact that Russia’s big PepsiCo M&A deal last week was brokered by US – not Russian – banks.  Steel prices for domestic automakers could rise by 40% next year if Severstal and Magnitogorsk have their way, although the automakers are calling for government intervention.  Pikalyovo, where agreements have been signed after Oleg Deripaska’s business practices there were the target of protests, is a good case study for resolving conflicts and boosting development in single-industry towns, says Prime Minister Vladimir Putin; but a ‘systematic solution‘ still needs to be developed.