‘After Brazil imposed a tax on capital inflows a month ago, Russia is now the BRIC country most exposed to foreign capital, and officials have said they are considering “soft” measures to stem inflows.
‘ Russia has set its final terms
for settling the last of its Soviet-era trade debt – mostly involving Eurobonds – and creditors will respond by December 9. Renault will sign an accord
to provide AvtoVAZ, of which it owns 25%, with €240 million in aid during Vladimir Putin’s Paris visit, and may also decide to increase its holding in the company, potentially in exchange
for Russia taking a stake in Renault. Russia has announced that it will create a state e-mail system on the .РФ domain
, as it emerges that a mystery buyer
has snapped up the russia.com domain name for $1.5 million from its previous owner, a Seattle-based online travel guide. Russia needs to push for innovation if it wants to lose what Dmitry Medvedev calls the ‘primitive structure
‘ of its economy, says the Moscow Times
. RusAl is ‘racing to clean up its balance sheet
‘ by the end of the month, ahead of its December-scheduled IPO.