President Medvedev is reportedly hoping that bilateral trade turnover between Russia and Turkey will reach $100 billion a year within several years. Sugar company Rusagro has postponed its IPO, due to ‘recent market volatility’. The Russian State Duma lower parliament house has rejected a controversial luxury tax bill. Sales of new cars in Russia are on the up for the first time since the crisis began. Oleg Deripaska has been questioned by a Spanish Judge over a $5.5 million international laundering scheme which he has been alleged to be connected with. Brokering business deals between Russian oligarchs can be a lucrative activity, this article implies. Russian billionaire Roustam Tariko’s Russian Standard Corp. is, according to Bloomberg, in talks to buy Ukrainian vodka producer Nemiroff. Risk-management adviser Maplecroft has stated that the developing nations with the fastest-growing economies such as Russia and Nigeria are also the most ‘hazardous’ for business investment. First Deputy Prime Minister Igor Shuvalov has denied plans for capital controls. Wal-Mart is reportedly in preliminary talks to acquire Russian retailer Lenta. The idea behind a softer foreign policy approach, as outlined in the leaked foreign policy paper published in Russian BusinessWeek, is to attract greater foreign investment to Russia, the Moscow Times suggests.