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Friday, 02 December 2011 13:19 |
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Russia isn't just protecting its business interests – it fears Syrian civil war could have knock-on effects in Dagestan and beyond While an international noose is tightening around the neck of Bashar-al Assad's regime in Syria, with Turkey this week doing most of the pulling, one country, other than Iran, is intent on bucking the trend – Russia. A... |
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Friday, 02 December 2011 12:53 |
Banks in Russia reported an increase of its 9M 2011 IFRS net result this week Unrest in European financial markets cut the net results of Russian banks in 3Q 2011. However, domestic players point to better market conditions in Russia, as both loans and deposits go up, providing for growth in the bottom line during 9M 2011. Among Russian banks... |
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Friday, 02 December 2011 10:42 |
AFP Photo / Michele Tantussi Germany's Siemens has sold it's stake in engine manufacturer Power Machines to another core shareholder Highstat owned by Alexi Mordashov. Power Machines and Siemens will now create a new joint venture to produce gas turbines in St Petersburg. The German company will own two-thirds of the new venture, Power Machines the ... |
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Friday, 02 December 2011 10:30 |
German Gref (RIA Novosti / Grigory Susoev) Sberbank President German Gref, has warned the Russian Government about the major challenges for continued growth in the country. Gref says the bank along with World Economic Forum members have outlined 12 priorities in which Russia needs change. "The top priority is the quality of work of the... |
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Friday, 02 December 2011 08:30 |
Russia could gain on rising tension between the Western powers and Iran. France intends to ban oil imports from Iran following the storming of the British Embassy in Tehran at the weekend. The conflict over Iran’s nuclear programme has already pushed Russian crude to a rare premium over North Sea Brent. Since Russian oil is widely consumed by E... |
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Friday, 02 December 2011 08:30 |
RIA Novosti / Alexey Kudenko The Russian Ministry of Economic Development has increased its forecast for cash outflow, but hopes it will be reversed by 2013. Andrey Klepach, the Deputy Minister expects the outflow trend to remain till the second half of 2012.“Next year we could probably see an outflow of around $20 billion. Nevertheless, the d... |
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Thursday, 01 December 2011 21:00 |
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The reincarnation of the current PM as president poses a challenge to western powers for which they seem ill-prepared As prime minister for the past four years, Vladimir Putin never really went away. But his looming reincarnation as the all-powerful, executive president of Russia – the country's "paramount leader" in Chinese parlance – poses a sta... |
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Thursday, 01 December 2011 18:53 |
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Corruption, falling living standards and fear of a 'dictatorship' is sapping support for leader's United Russia party In a shoddy classroom at the main university in Yaroslavl, a town of snow-covered churches 150 miles north of Moscow, a group of students are discussing Sunday's parliamentary vote. In previous elections Vladimir Putin's United... |
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Thursday, 01 December 2011 15:12 |
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Originally published in the Manchester Guardian on 1 December 1952 Soviet writers, castigated by Mr Malenkov in his recent speech to the nineteenth Communist party congress, have received a further jolt in the form of a leading article in "Pravda," which issued to-day a stirring but unaccustomed call to them: "Write the truth! This must become the... |
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Thursday, 01 December 2011 13:24 |
RIA Novosti/Andrey Serebryakov A court in Australia has frozen part of the assets of Russia's Magnitogorsk Iron & Steel Works (MMK) in the country, in a disupte with Kazakhstan's Eurasian Natural Resource Corporation (ENRC). ENRC took MMK to court over an alleged breach of contract concerning iron ore supplies. Under the terms, MMK was due to... |
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