By Citizen M | Published: June 21, 2011
Hermitage Capital has filed another criminal complaint with the Investigative Committee, calling for an investigation into
tax rebate frauds that were being investigated by Sergei Magnitsky before his death. Billionaire Alisher Usmanov has
increased his stake in soccer club Arsenal by 1%. Sberbank chief German Gref says that uncertainty over who will run in the 2012 presidential elections is
spurring capital flight; during his speech at the St. Petersburg Economic Forum, President Medvedev insisted that his promises of a liberalized economy would be fulfilled
no matter who rules next year. Egypt will not decide about
resuming grain purchases from Russian until the harvest begins in August, saying that it wants to ensure that Russia’s supplies are ‘
stable‘ before committing. The release of Boris Berezovsky’s two French yachts has
sparked an appeal by Russian prosecutors. The increasing popularity of hostels in Russia is easing the ‘
culture shock‘ of their initial appearance in the country, says the
Moscow Times.