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Today in Russian Business – June 28, 2010

President Medvedev has been tweeting from the G8 and G20 summits, conveying the news of changes to global financial rules.  Russia does not support the idea of introducing global taxes for insurance in the event of major companies and banks going bankrupt.  Canada has urged Russia to relax the trade barriers established during the financial crisis.  Apparently piracy remains a bone of contention regarding Russian accession to the WTO.  RFE/RL reports on Georgia’s vehemently-displayed opposition to the idea of Russia joining.  Entente cordial? Coca cola is selling Russian drink Kvas in New York.  Mikhail Mikhalin, editor of the leading liberal news web site Gazeta.ru, has replaced Azer Mursaliyev as editor-in-chief of the Kommersant newspaper.  Apparently business mogul Gleb Fetisov is ‘serious’ about his bid to buy French broadsheet Le Monde.  An FT guest analysis suggests that Russia’s economy will remain stunted as long as the country does not address ‘deep-seated structural problems’.