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    China Less Reliant on Arms and Energy Cooperation with Russia

    Oct. 5 – Russia’s significance to China will continue to diminish according to a report released on Monday by the Stockholm International Peace Research Institute (SIPRI). The report illuminates the current status of and likely prospects for China–Russia relations. “Russia is unwilling to provide China with advanced weapons and technology primarily because it is concerned[…..]

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    JPMorgan to help Russian Orphans Adapt to Society

    Oct. 4 – U.S. investment banking giant JPMorgan announced its first local project aimed to develop a new integrated approach to orphan social adaptation to society, local press reports. In partnership with its philanthropy New Eurasia Foundation (NEF), JPMorgan is aiming to bring together noncommercial organizations, government bodies and corporate sponsors in a common framework[…..]

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    Russia to Review its Gas Contract with Ukraine

    Sept. 28 – Russia has agreed to review its gas contract with Ukraine, Ukrainian Prime Minister Mykola Azarov said Monday. “We have finally managed to reach an agreement with Russia on reviewing the contract,” Azarov said at a meeting with a delegation of the Council of Europe’s parliamentary assembly. Ukraine has been pressing Russia for[…..]

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    Putin to Seek Another 12 Years in Kremlin

    Sept. 27 – Prime Minister Vladimir Putin said on Saturday he would like to reclaim the Russian presidency next year in a move that could keep him at the helm of the country until 2024. Russia will hold presidential elections in March of 2012. Last Saturday, at a carefully-choreographed congress of ruling Edinaya Rossiya (United[…..]

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    German SAP to Invest in Russian and CIS Markets

    Sept. 23 – German software developer SAP AG, one of the world’s leading vendors of business management solutions, intends to invest a total of 1 billion euros (US$1.3 billion) in its business in Russia and other CIS countries by 2015, business daily Vedomosti reported, citing President of SAP EMEA Franck Cohen. The German global software[…..]

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    IMF Recommends Russia Undertake Economic Reforms

    Sept. 22 – Russia must make fundamental changes to its fiscal and monetary policy in the next few years to reach stable economic growth and reduce the country’s vulnerability to external shocks, the International Monetary Fund said Wednesday. Under the current economic scenario, Russia will remain vulnerable to shocks, with GDP showing modest growth of[…..]

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    Russia to Attract More Foreign Investment

    Sept. 20 – Foreign investors are optimistic about Russia’s future attractiveness, according to Ernst & Young’s first Russia Attractiveness Survey published on the company’s web site. A total of 75 percent of international business leaders interviewed by Ernst & Young said Russia had an attractive domestic market, with about one-third of them calling it “very[…..]

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    Oil Tax Reforms to Be Set in Weeks

    Sept. 19 – Oil tax reforms should be set shortly, a senior Exxon executive told reporters last Friday. Russia’s top oil producer Rosneft signed a major deal with ExxonMobil last month to drill for oil and gas in the Russian Arctic without a clear tax regime for the potentially capital-intensive project. The initial commitment was[…..]

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    Economists Doubt Russia’s Right to Be in the BRIC Club

    Sept. 13 – Russia’s reliance on oil and natural gas means that it does not belong among the so-called BRIC nations, Nobel-prize winning American economist Paul Krugman has said while giving a speech at Russian President Dmitry Medvedev’s global policy forum in Yaroslavl city, central Russia. “Russia really doesn’t belong in the group. It’s a[…..]

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    Russia and Singapore to Foster Business Connections

    Sept. 9 – Singapore is looking forward to investment into Russia’s food and beverage sector, in stocks, technology and research companies, as well as to participate in the mining, and natural resource sectors, Singapore’s former ambassador to Russia and founder of the Russia-Singapore Business Forum Michael Tay said in an interview with The Moscow Times.[…..]

Showing 10 of 1373 articles