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Today in Russian Business – Nov 14, 2008

The MICEX is struggling to deal with conflicting orders of whether or not to suspend trading following a further drop in the price of crude. The New York Times outlines some of the key aims of countries attending this weekend’s G20 financial crisis summit in Washington. Russian financier Alexei Frenkel has been sentenced to 19 years in jail for ordering the assassination of Andrei Kozlov, the deputy head of the Central Bank, two years ago. Russian Railways is one of the few companies seeing its request for debt backed by the government. ‘By 2012 ten of the world’s biggest car companies will be manufacturing up to 1.6m vehicles a year in Russia.‘ Whatever happened to the Kremlin’s national projects for short-term improvements in health, education, housing and agriculture?