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Today in Russian Business – Nov 27, 2009

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.