‘Why shouldn’t Western companies invest in Russia? The answer is because it’s Russian-roulette capitalism. It’s entirely possible at any point to literally have your head blown off’: Bill Browder is interviewed on RFE/RL. The Micex dropped 16% when Khodorkovsky was arrested in 2003; as the outcome of his second trial was announced, it went up 1%, so, the BBC wonders, does the Yukos case really effect investor confidence? A new high-speed railway link from Samara to St Petersburg is one new investment option for foreign businesses. Russian investigators have asked a court to sanction the arrest of Liberal Democratic Party member Ashot Yegiazaryan on major fraud charges. Italian designer Giorgio Armani’s hotel group is, according to the Independent, planning to develop a $150 million complex in Russia’s restive Caucasus region. Norway’s Telenor group apparently hopes to use legal action to block Vimpelcom’s $6 billion bid to develop its telecoms empire outside of Russia. A positive outlook for Russia’s grain harvest. Director-General of the WTO, Pascal Lamy, has said that Russia could conclude its lengthy negotiations and join the organization this year.