March 2011, Vol. 6, No. 3
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Medvedev’s ‘roadshow’ for Russia's economy in Davos
This year’s Davos forum featured President Medvedev as its keynote speaker, an opportunity used to the maximum by the Russian leader to highlight his country’s resurgent $1.5trln postcrisis economy and its other uniquely competitive advantages as one of the best performing industrialized markets in these crises-ridden times. Specifically, for global CEOs still very much skeptical about Russia and its investment climate, the president promised to turn Russia's robust economy via sweeping reforms into the world’s most business friendly postcrisis haven for all international investors... |
Kremlin and Vatican fully content with the level of bilateral diplomatic relationsDuring the meeting, the Pontific and Medvedev confirmed their ongoing broad and booming cooperation in promotion of both human and Christian values... |
Russia and Armenia ‘compare notes’ on their realization of bilateral cooperation projectsThe meeting and the ensuing negotiations took place within the frameworks of the ongoing Russian-Armenian political dialog... |
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Putin and King of Spain agree to cooperate on Sochi Olympics and World Cup projectsDuring the talks, Putin noted that Russia and Spain have lots of interesting and perspective projects in all aspects of bilateral cooperation... |
Professional career hotel manager takes over helms at Park Inn Pribaltiyskaya HotelA Polish native, Wiszniewska is well versed in the hotel industry, where she has worked since since beginning her career in 1992 in Poland... |
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A private Russian company to begin the construction of a space hotel in 2013According to the company’s CEO Sergei Kostenko, active works on designing the facility and marketing have already started, and contracts with ‘aspiring space tourists’ signed... |
Corinthia Hotel St. Petersburg offering a new level of service in its Executive WingThe access to the Executive Wing is via separate lifts from the hotel lobby, thus providing additional privacy and security for clients... |
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Korston Hotel Moscow offers free telephone services to resident clientsThis service, according to the management, provides boundless opportunities that enable visitors to inform relatives of their safe arrival at their destinations... |
VEB expresses readiness to financially support the Sollers-Ford joint projectThe alliance between Sollers and Ford was created in February soon following the termination of a similar agreement between Sollers and Italy’s Fiat to set up a JV... |
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Aeroflot and Sheremetyevo Airport’s destines tied up in single development strategyThe decision was made by Russian Transportation Minister Igor Levitin, who also doubles as both corporations’ BoDs chairman... |
VTB exerts its control over the new management of Bank of MoscowThe VTB control over the bank became possible in February, when it acquired a 46% stake in the bank from the Government of Moscow for 103bln rubles... |
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Putin expresses concern over impacts of Arab world radicalization for North CaucasusMass national protests have been going on for weeks in several Arab states, prompting the falls of the ruling regimes in Egypt and Tunisia... |
Antitrust Agency leadership concedes presence of corrupt officials among its staffFAS Director Igor Artemyev has acknowledged the presence of corruption in his agency, estimating the share of corrupted employees at about 7% of the agency’s total workforce... |
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Call for fair political competition and elections causes mixed reactions among eliteThe statement has provoked active discussions of reasons that had forced the ‘ever-cautious Kudrin’ to touch issues considered ‘out of bounds’ among Russian elite... |
Investigators arrive in Inteko with a search warrant for missing billions of rublesThe investigators said the search warrant was a part of ongoing investigations, which allegedly involved a 13bln ruble credit that later ended up in Baturina’s accounts... |
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Traffic issues and deepening of mutual cooperation on Sobyanin’s Seoul agendaSpecifically, Sobyanin noted that his delegation was interested in seeing how such issues as urban development, intellectual management and an electronic government are being handled in Seoul... |
Legendary political heavyweight Primakov finally retires from civil serviceWherever he worked, Primakov had left behind positive marks, which transformed the state agencies under his watch, including the RCCI, into more authoritative organizations at his departure... |
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Global experts ‘brainstorm’ over economic growth drivers at Russia Forum-2011The high profile investors forum provides top experts from all works of life a vital platform to air their visions on the sources of new global economic growth drivers... |
Status parity nature of the last U.S.-China summit underscores Beijing’s rising global cloutThis fact reflects the ongoing tectonic shifts in global power hierarchy that will propel communist China to the pinnacle of global affairs in the 21st century... |
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Assessment of world economy’s losses from a potential Suez Canal blockadeOil industry experts' growing worries stem from the fact that Egypt, legally speaking, formally controls the Suez Canal, ‘a vital transit gateway’ for Middle East’s oil... |
Production of strategically vital glass fiber in TatarstanThe importance of glass fiber stems from the fact that composite materials made from it have unique features and advantages compared with traditional industrial materials... |
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Medvedev presents Russia’s resurgent postcrisis economy to Davos audienceThe president highlighted Russia’s resurgent $1.5trln postcrisis economy and its other uniquely competitive advantages as one of the best performing emerging markets... |
Nanotechnologies - a panacea for modern civilization woes or threat to humanity?In this article, the author has made an attempt to find answers to this question and other issues relating to the fruits of researches in nanotechnology to mankind as a whole... |
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Undaunted Kremlin announces more extreme measures against perennial corruptionThe Kremlin’s daunting task is further complicated by the fact that most Russians have come to see bribe solicitations from bureaucrats as a social norm in the society... |
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