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December 2008, Vol.3, No. 11

December 2008, Vol.3, No. 11

Global Leaders Searching for Solutions to Crisis

Economy

Recalcitrant global economic crisis makes the future bleak

Indeed, 2009, already compromised by the current crisis and other related unsolved problems, is likely to be remembered as a year that harbors the worst pessimism for both individuals and businesses, before its dawn...

 

Politics

US could be alone in its attempt to isolate Russia over Georgia

With the change in the White House and excruciating impacts of the global crisis, U.S. anti-Russia hawks will now find it difficult, if not impossible, to isolate Russia...

Editorials

Russia’s optimistic future entrenched in the Concept-2020

The perfect timing of this epochal program, at the peak of the current crisis, is to showcase Russia’s growing confidence in its desire to be a key player on the global arena...

 

Economy

CEOs’ Opinions & Prognoses

Sammy Kotwani, president, The Imperial Tailoring Co., a key player on the Russian fashion industry, shares his view on the local economy, his business achievements in 2008 and prognosis for 2009...

Economy

CEOs’ Opinions & Prognoses

Igor Vdovin, a co-chairman of RSPP’s Committee on PPP and Investment Policy, shares his view on the economy vis-a-vis the global crisis and his vision on the probable exit scenarios from the meltdown...

 

Economy

CEOs’ Opinions & Prognoses

A top expert on the construction design services market, Adrian Salter, CEO and Board Chairman, MEP Engineering, offers an insight into the crisis, his successes in 2009 and forecasts for next year...

Economy

CEOs’ Opinions & Prognoses

A leader in market expansion services in Russia, Pascal Clement, the president of Direct Group, talks about the economy in crisis, his corporate successes in 2008 and forecasts for 2009...

 

Economy

CEOs’ Opinions & Prognoses

Dmitry Grishin, CEO, Mail.Ru, a leading Russian IT company, talks about the economy, his corporate achievements in 2008 and plans for 2009...

Economy

CEOs’ Opinions & Prognoses

Alexei Vyazovsky, PR-Director of Kalita-Finans, a key player on the Russian forex market, speaks on the global financial crisis and its negative impacts on the Russian economy, stock market and the value of the ruble...

 

Economy

CEOs’ Opinions & Prognoses

OPORA ROSSII President Sergei Borisov speaks on the state’s growing support for the SMEs, other positive measures to make the SME the backbone of the economy and his view on the current crisis...

Economy

CEOs’ Opinions & Prognoses

Highlighting his company’s successes in 2008, and drawing from its experience during the 1998 crisis, Harro van Graafeiland, CEO, TNT Express Russia, says the current crisis offers new opportunities for CEOs that have the best anti-crisis strategies in place...

 

Markets Reviews

Roundup of the Russian equity market activities

The incessant financial hemorrhages in 2008 left the Russian stock exchanges in a downward trend, leaving investors pessimistic for 2009...

Major Events of the Month

Our Major Events of the Year:Change in Russian political leadership

One of the most fundamental changes in Russia in 2008, in TRCW’s opinion, was the democratic transition of executive powers in the country’s political leadership...

 

Major Events of the Month

Our Major Events of the Year: The South Ossetia war and the West’s biased reactions

Moscow resolutely ended the barbaric Georgian invasion of the republic, but to the dismay of unbiased observers, the West, headed by the United States and its NATO proteges, condemned Russia...

Major Events of the Month

Our Major Events of the Year: The resumption of the new EU-Russian Cooperation Pact

After several false starts, the new Cooperation Pact, which is to replace the outdated agreement regulating the relationships between Russia and EU, finally got a second breath of life as EU decided to return to the negotiation tables...

 

Major Events of the Month

Our Major Events of the Year: Global financial crisis and commitment of trillions to fight it

The ‘current global economic/financial crisis’ dominates all other events this year, evident in its popularity in both household and professional usage as well as its pop-up frequencies in major search engines...

Major Events of the Month

Our Major Events of the Year: Obama’s historic victory and its meaning for the strained U.S.-Russian ties

Like the rest of the world, the Kremlin and top Russian diplomats are hoping that the historic election of Obama will usher in the long-awaited turning point in the U.S. increasingly antagonistic foreign policies...

 

Major Events of the Month

Our Major Events of the Year: The restoration of Russia’s lost grounds in Latin America

Russia has returned to Latin America with a bang, first, by sending top government aids to tour the region, and then followed it with the military and political leaders...

Business & Finance

Crisis changes Russian corporations’ business plans

The short-term consequence of this new reality is that no companies, regardless of financial might and political connections, can feel safe in the raging storms...