April 2010, Vol. 5, No. 3
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The dawn of a long-awaited thaw in bilateral relations
The evidently warm high-profile government reception of the new Ukrainian president, Viktor Yanukovich, in the Kremlin last month signaled the Russian leadership’s readiness to turn a new page and seek new avenues for complete overhaul and renewal of the seriously damaged bilateral ties under the previous overtly anti-Russia Orange Revolution leadership’s myopic foreign policies that sidelined Moscow from Kiev’s wish-list of strategic partners, thus signaling the dawn of the long-awaited new era in the bilateral relations strained to their limits by President Viktor Yuschchenko ... |
The Russian market equities performance monthly roundup |
Kremlin continues its policy of deepening ties with Latin American countriesRussian President Dmitry Medvedev and his Guatemalan counterpart discussed ways for the further deepening of relations not only between Moscow and Guatemala City, but also with the rest of Latin American countries... |
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Russia and Jordan to further strengthen their highly productive bilateral cooperationIn his reply speech, the Jordanian monarch expressed hope that his March meeting with the Russian leadership will further strengthen the relations between the two countries... |
Russia sees Croatia as a vital and reliable partner in the Balkans and EuropeRussian Prime Minister Vladimir Putin said Moscow highly appreciates the aspiration of Croatia to strengthen its multidimensional cooperation with Russia... |
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TNK-BP asks court to void tax agency’s 922mln ruble refund orderIt seems TNK-ÂÐ’s litigations with the authorities will never end, as it petitioned a Moscow court in March to void a Federal Customs Service order to refund 921.6mln rubles... |
Court restores pop diva Pugachyova’s ownership rights over the Filipp trademarkThe Moscow Arbitration Court has fully redeemed singer Alla Pugachyova’s ownership rights over the Filipp brand, thus granting her suit requesting the court to void Rospatent’s decision to terminate its legal protection of the contested trade mark... |
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Supreme Court recognizes the legitimacy of repeated tax check on DirolThis dispute, according to court data, began when MIFNS-9 found some irregularities during its first tax inspection of the company in 2006-07 that called for tax liability... |
Tycoon Vekselberg to oversee the creation of Russia’s Silicon Valley dream projectThe Russian president said the decision to appoint the multibillionaire business tycoon to oversee the realization of the country's Silicon Valley project followed relevant consultations on the right candidacy for the job... |
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GEA WestfaliaSurge participates in the VIII International Forum in MoscowCommenting on the forum, GEA WestfaliaSurge CEO Bjoerne Drechsler noted that participation of his company in the Russian dairy industry forum has become a special tradition since 2003... |
Lebedev expands his media business in the United KingdomNegotiations on the deal lasted for months as the parties could not agree on the final sale conditions. Eventually, the Russian got the media for a symbolical one pound... |
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Daimler and EBRD acquires a 5% of Kamaz stake from Troika DialogThe 5% stake was acquired by Daimler and EBRD from Troika Dialog for an undisclosed sum, thus reducing the investment bank’s stake in Kamaz from 44% to 39%... |
VEB to help Sberbank to create national card payment systemVladimir Dmitriev says that VEB, as a bank created for overcoming the infrastructural restrictions of growth in the Russian economy, will support Sberbank with the creation of a national cards payment system... |
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UralSib, Mastercard and Aeroflot launch travelers bank credit cardsExplaining the essence of the program, UralSib Bank Deputy CEO Ilya Filatov noted that such cards will enable holders to receive 1,000 ‘salutatory bonus miles’... |
Amaks Hotels&Resorts debuts on the international hospitality services marketsThe company plans to acquire new hotels in Belarus, where corresponding agreements had been signed with the administrations of those regions on participation in the privatization of the objects... |
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New hope for locating Grand Hyatt Hotel in the Federation TowerSuch optimism has rekindled the hope for locating the Grand Hyatt Hotel in the Federation Tower as it is its uppermost floors that are will house the five-star hotel... |
The Moscow region’s best hotels honored with Moscow Region governor’s prizesThe winners of the competition, “The Best Companies in the Moscow Region’s Tourist Industry in 2009,” were named and awarded the regional governor’s prizes... |
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Don Plaza outlines ambitiously bold brand expansion plans in the hotel industryAccording to the company's management, the brand expansion plans are aimed, first and foremost, at southern Russia, though cooperation with other regions will also be considered... |
Organization of professional forex expos on emerging marketsThe fast-growing interest in the industry is better illustrated by the high level of activity on the Russian forex market, which has been rising at exponential rates since 2000... |
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Kremlin calls for the adoption of Russian exports protection schemePresident Medvedev has ordered the government to draw up mechanisms for protecting Russian exports on the global markets... |
Revival of Russian Olympic spirit at the Vancouver Paralympics GamesThe Paralympians’ superlative feat was a consolation after the shocking performance of the able-bodied Olympic team at the Vancouver Games, the worst result in the nation's history.... |
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The government to create special conditions for innovative companiesPrime Minister Vladimir Putin's government has announced its readiness to offer cost-saving incentives to innovative enterprises... |
Government to start drafting three-year plans for state properties privatizationEconomic Development Minister Elvira Nabiullina has said the government plans to turn to a three-year planning policy on privatization of state assets... |
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Shoigu and business lobbyist group square off over mandatory fire-prevention insuranceThe emergency siutations minister has called on the RSPP to more soberly reevaluate its negative position on the initiative to introduce obligatory anti-fire insurance for businesses... |
The Currency Union to be the next logic stage of integration troika’s economiesFirst Deputy Prime Minister Igor Shuvalov called for the creation of the Currency Union as the next logic step in the integration of economic integration... |
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Middle East ‘Quartet’ summit sets timeline for the creation of a Palestinian stateGoing by the emphatic tune of the joint statement, the Middle East Quartet seems confident in the success of its new plans to resolve the Israel-Palestine stalemate... |
Diplomats, Russian stars and Bollywood celebrities grace India’s Holi in MoscowThe ambassadors of Nigeria, Uganda, Congo, Namibia, Israel, Mauritius and Bosnia & Herzegovina were among the high-ranking foreign dignitaries at the event... |
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The benefits of authentic democracy that brings real changes to countriesRussia seems to be one of the biggest benefactors from the positive outcomes of the democratic changes in the United States and Ukraine, going by the new opportunities that have now opened up for deepening ties... |
Tatneft marks 10th year anniversary in tire business with completion of another projectThanks to this program, the volume of tire production in this factory had grown by over one-and-a-half times, in comparison with 1999’s data, to 12.5mln units per year in 2008... |
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Moscow and Kiev start active reanimation of their ‘critically damaged’ diplomatic tiesThe positive outcome of the Ukrainian election that elevated Kremlin favorite Yanukovich to the presidency signals the beginning of a new era in the nations' bilateral ties... |
Marx’s ‘omnipotent teachings’ and modernization of the Russian economyThe article author, a former company CEO and indepedent economist, says Karl Marx and his powerful economic doctrine are back in mode again after the current economic crisis highlighted the obvious fallacies in today's capitalism... |
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Searches for exits from current crisis breeding alphabetical financial neologismsThe new trend has deepened the existing scope of the English lexicon as old words with new meanings are being used to explain new and rapidly changing tendencies on today's beleaguered capital markets... |
Russian leaders’ most preferable lettered economic recovery modelsTop Russian government officials directly involved in the daily management of the local financial market are divided on their views of the best recovery models for the economy... |
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Expert’s opinion on his expected economic recovery model for RussiaAlexander Osin, the chief economist at Finam Asset Management, says he is expecting a W-shaped recovery scenario both for Russian and the global economies... |
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