Our Yearend Report
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Economic review of 2010 and forecasts for business in 2011Traditionally, our December edition is fully dedicated to the assessment of economic activities in the outgoing year and business expectations in the coming one. However, this previously pleasant task has become highly difficult to execute in the past two years as the protracted global economic meltdown has continued to hold the world hostage. Consequently, traditional end-of-year success stories among businesses are now rare, while only the most optimistic CEOs can now dare make plans for 2011 as the future continues to remain hazy … |
Farewell to another crisis year; welcome to another year of new hope and more expectations in 2011The end of the year is always accompanied by a desire to review the outgoing year and make New Year resolutions. But the lingering tensions across the globe have made both tasks more difficult this year... |
A review of the economic situation in Russia in 2010 and forecasts for 2011In summer 2010, the Russian economy was subjected to a stress test, conducted not under a simulated condition, but in a real situation, and thus led to huge loss, estimated at 1% of Russia’s GDP or about $15bln... |
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No end in sight for crisis as more and more questions remain unansweredThe future remains hazy as most anticrisis programs adopted to stimulate national and global economic growth are being prematurely wound down without alternatives... |
The embodiment of optimal symbiosis of the best spiritual and business valuesIn this interview, Mikhail Morgulis, the president of the Spiritual Diplomacy Foundation (SDF), talked to TRCW about how he has been able to successfully combine diverse aspects of human endeavors into a single unified entity for the purpose of serving humanity... |
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Intourist and Thomas Cook join efforts to tap growing opportunities in the tourism industryCommenting on the deal, Intourist President Alexander Arutyunov said the JV will help boost Russia as a major tourist destination for travelers... |
FM Logistic marks 15 years in Russia with pomp and grandiose plans for the countryThe company, which arrived in Russia in 1994 as the first foreign pioneer in the local logistics industry,has since become the trendsetter on the local market... |
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Parfyonov’s media criticism becomes the first wake-up bell for Russia’s eliteSpeaking in capacity of the first recipient of Vladislav Listyev’s Television Award, Parfyonov called modern Russian television an ineffective civil political institution... |
Presentation of post-crisis Russia and its economy to western business circlesRussia has survived the present global crisis with minimal losses, thanks to the government’s s anti-recession programs, Prime Minister Vladimir Putin said in Berlin... |
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Kremlin’s regional elite regimes change policy encounters difficulties in MoscowThe first signal about the unpopularity of this policy among some leaders was noticed even earlier during the sacking of the Bashkortostan president... |
Kremlin fears the transformation of Russia’s political stability into stagnationRussian president has called for boosting level of political competition to avoid a situation, where the opposition will never win and the ruling party never lose any elections... |
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Russia loses one of its best statesmen with Chernomyrdin’s deathLong before his death Victor Chernomyrdin had already gone down in history as the savior of post-Soviet Russia for his radical reformation of the economy in the 1990s... |
Russia to become the first Eastern European country to host FIFA World CupRussia made history in December, when FIFA endorsed its bid to host the Football World Cup championship in 2018, thus becoming the first country to be awarded such global football honor in Eastern Europe... |
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Alitalia offers its Russian passengers befitting New Year presentsOne of Alitalia’s several New Year presents is increasing the weight level of onboard hand luggage, a very important policy decision, especially during winter shopping trips... |
The years 2010-11: Today's post-crisis reality and expectations for countries and businesses in 2011Globally, the general consensus among authoritative experts is that the world economy in 2011 will continue its recovery from the crisis but will remain in a fragile state... |
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The Seoul G20 summit outcomes and implications for the global economyPrior to the November summit, most observers had viewed the last G20 summit in 2010, tagged “Shared growth beyond crisis,” as a ‘crucial vitality test’ for global leaders... |
Economic and political consequences of regime change in MoscowExperts say the political changes in Moscow masterminded by Kremlin are aimed at enabling the federal government exert more control over the city’s economy, generating over 20% of the country’s GDP... |
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Crisis and Russian economy: road to accelerated recovery and growthAndrew Cranston, a senior partner at KPMG Russia and CIS, talked about his company’s anti-crisis strategy and the effects of the global economic meltdown in Russia... |
Choron Diamond CEO’s view on 2010 & expectations in 2011Choron Diamond CEO Rajesh Gandhi shares his view on his company's activities and Russian company's performance in 2010 and his business expectations in 2011... |
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Fonetix Translations CEO’s view on 2010 & expectations in 2011Fonetix Translations CEO Stepan Grabovsky shares his view on his company's activities and Russian company's performance in 2010 and his business expectations in 2011... |
Jack's CEO’s view on 2010, expectations & prognosis for 2011Jack’s CEO Elberd G. Mistuloff shares with TRCW his view on his company's activities and Russian company's performance in 2010 and his business expectations in 2011... |
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