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• January 10, 2012 by Russia Briefing
  

  Iran, Russia to Replace Dollar with Rial, Ruble in Trade

  Jan. 10 – Iran and Russia have replaced the U.S. dollar with their national currencies in bilateral trade, Iran’s Fars News Agency reports, citing Seyed Reza Sajjadi, Tehran’s Ambassador to Moscow. Speaking to Fars, Sajjadi said that the proposal for replacing the U.S. dollar was raised by Russian President Dmitry Medvedev in a meeting with[…..]
• December 14, 2011 by Russia Briefing
  

  Russian Tycoon Mikhail Prokhorov to Run Against Vladimir Putin

  Dec. 14 – Russian billionaire Mikhail Prokhorov said on Monday he will run against Vladimir Putin for president next year. Expert opinions on Prokhorov’s decision are divided: some of them believe the New Jersey Nets basketball team owner’s move has been inspired by the Kremlin, while others sees it as his second attempt to come[…..]
• December 12, 2011 by Russia Briefing
  

  Political Risk to Rise in Post Electoral Russia

  Dec. 12 – Political uncertainty and the prospect of more large protests are adding an extra layer of concern for foreign investors in Russia. The MICEX Index tumbled 4.7 percent Tuesday after the first gathering of protestors last Monday evening and the transfer of additional Interior Ministry troops to the Russian capital. Fear hit the[…..]
• December 7, 2011 by Russia Briefing
  

  The Conventional Victory of Putin’s Party

  Dec. 7 – Vladimir Putin’s United Russia achieved a conventional victory in last weekend’s parliament election, winning 49.5 percent of Sunday’s vote for the State Duma, down from 64.3 percent in 2007, the last full year of Putin’s second Kremlin term, according to the Central Election Commission. The party that has dominated the 450-seat Duma[…..]
• November 29, 2011 by Russia Briefing
  

  Moscow to Cut Gas Price for Minsk, Offer US$10 Billion in Loans

  Nov. 29 – Minsk received everything it asked for from Moscow, including a reduced price for gas, a lucrative contract on its transit, and US$2.5 billion for a 50 percent stake in the unprofitable state-run Beltransgaz. Furthermore, Russia will lend Minsk US$10 billion to build a nuclear plant, Prime Minister Vladimir Putin said on Friday.[…..]
• November 28, 2011 by Russia Briefing
  

  Russian Phosagro to Discount Phosphate Fertilizers for Indian Buyers

  Nov. 28 – Russian fertilizer group Phosagro agreed to cut current contract prices for India Potash Ltd. (IPL) and Indian Farmers Fertilizers Cooperative Ltd. (IFFCO) after a drop in the value of the rupee caused local prices to rise sharply. In return, the Russian firm said in a statement, the two key Indian buyers committed[…..]
• November 24, 2011 by Russia Briefing
  

  New Issue of Russia Briefing: The Russia-Belarus-Kazakhstan Customs Union

  Nov. 24 –The new issue of Russia Briefing Magazine, titled The Russia-Belarus-Kazakhstan Customs Union, is out now. Nearly two years have elapsed since Russia, Kazakhstan and Belarus boldly began to link their economies by forming a Customs Union planned to evolve into a more ambitious common market by 2012, with Russia as its hub. While[…..]
• November 22, 2011 by Russia Briefing
  

  Russia’s Steel Producers to Become Partners with Vietnam Steel Corp

  Nov. 22 – Two of Russia’s largest steelmakers – Novolipetsk Steel and Evraz Group SA – are interested in becoming strategic partners of Vietnam Steel Corporation (VN Steel), according to VN Steel President Le Phu Hung. “We consider various possibilities of our billets rerolling to an end-product in Southeast Asia, but no decision has been[…..]
• November 16, 2011 by Russia Briefing
  

  Details on Russia’s Real Estate Deals Soon Available Online

  Nov. 16 – The Federal Service for State Registration, Cadaster and Cartography, known as Rosregister, will launch a new online service providing information about each real estate deal that has been made in every Russian region. Information about all registered real estate deals since 1999 will also be published in the new portal. For example,[…..]
• November 10, 2011 by Russia Briefing
  

  Russia to Lead APEC for One Year Starting from Next Week

  Nov. 10 – Russia will take the reins of the Asia-Pacific Economic Cooperation Forum from the United States next week after the APEC summit in Honolulu on November 11-13 hosted by the United States. According to the different press reports, the summit’s agenda will be traditional, with some issues like regional cooperation, integration, the liberalization[…..]