Russian Reports
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Forbes Shows $52Bln Decline in Russia's Richest

By Anatoly Medetsky

MOSCOW, April 20, 2012 (TMT) -Vladimir Lisin stepped down from the top spot in the list of Russian billionaires after dipping steel prices shaved down the value of his main asset, Novolipetsk Steel, a Forbes ranking showed Thursday.

Read more... Friday, 20 April 2012 22:13
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Russia Becomes World's Third Biggest Military Spender

MOSCOW, April 18, 2012 (The Associated Press) - Russia and China kept increasing their spending on weapons last year, while the global financial crisis hit military spending in the U.S. and Europe, a leading think tank said Tuesday.

Read more... Wednesday, 18 April 2012 22:09
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Russia Plans Stricter Punishment For Money Laundering

By Lyudmila Alexandrova

MOSCOW, April 15, 2012 (Itar-Tass) - Russia plans to radically mount the fight against financial criminals who boost capital exodus from the country. Experts, however, fear the new rules may also affect law-abiding businessmen and whole industries.

Read more... Sunday, 15 April 2012 22:03
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Danish Rockwool Responds to Tatarstan Hospitality

By Rachel Nielsen

Tatarstan_map203YELABUGA, Tatarstan, April 05, 2012 (TMT) - In this city in the Volga republic of Tatarstan, the regional government celebrated the successful courtship of yet another foreign investor when Danish insulation maker Rockwool opened a factory here Wednesday.

Read more... Thursday, 05 April 2012 12:08
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Moscow Struggles in International Ratings

Medved12By Howard Amos

MOSCOW, March 29, 2012 (TMT) - President Dmitry Medvedev's flagship project to turn Moscow into an international financial center suffered a double blow Wednesday as global surveys returned negative results on the city.

Read more... Thursday, 29 March 2012 11:39
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Report: Bureaucrat Overload Hurting Economy

MOSCOW, December 23, 2011 (Vedomosti) - There are too many bureaucrats, and each year they are costing more, according to government experts. Their ranks have to be reduced 30 percent, and those that remain have to be compelled to work better, the experts say.

Read more... Friday, 23 December 2011 20:27
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Role of Foreign Services Defined

GENEVA, Switzerland, December 2, 2011 (Reuters) - Russia has finalized an agreement on joining the World Trade Organization and is expected to become a member in the first half of 2012.

To join, it had to promise to open up its service sectors to foreign firms and to give foreigners and Russians equal treatment. However, it negotiated limits and conditions in many areas, set out in a 73-page schedule.

Read more... Friday, 02 December 2011 21:02
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WTO Accession Ready For Last Step

Combined Reports

MOSCOW, November 11, 2011 (AP, Reuters) - Russia cleared a major hurdle toward opening up its huge oil-driven economy Thursday, with negotiators agreeing to final terms that would allow it to join the World Trade Organization after an 18-year effort.

Read more... Saturday, 12 November 2011 19:01

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