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Major Events of the Month

Moscow and Washington see Russia a WTO member by the end of 2011

Specifically, both Russian and U.S. leaders said that their plan of seeing Russia gaining WTO membership before the end of the year remains on track...

Kremlin makes political history by appointing Russia’s first female Senate leader

In her inauguration speech, Valentina Matviyenko, the new Senate speaker, promised radical reforms and other vital measures to increase the Senate's political clout...

 

EU does not see the ‘vegetable scandal’ as a cataclysm in its relations with Russia

Commenting on this issue, Valenzuela conceded the existence of sticky issues between Russia and EU, including on trade and sanitation concerns...

Issue: July 2011, Vol. 6, No. 6     Author: Agatha Idrisova
Tags: EU

Russia needs an effective, and ‘not a mere legislations stamping parliament’ in the upcoming election

Prime Minister Putin has officially acknowledged the impotence of the country’s legislature, saying Russia does not need a parliament that ‘dutifully churns out’ laws...

 

Experts explain mighty Putin’s colossal influence in the world

Explaining why Putin, and not China’s Hu Jintao (ranked 3rd), whose country has more weight in the world, is second, the experts noted that Putin is more influential in Russia than Hu in China...

EU and Russia to finalize conditions for a historic abolition of visas

Moscow and Brussels have announced their intents to endorse the list of conditions for a visa-free regime between Russia and EU states...

 

Russian business climate needs radical overhaul to attract investors

President Dmitry Medvedev has declared Russia's current investment climate a poor business environment in need of urgent radical overhaul...

The tripartite Customs Union recognized as ‘a fully functioning mechanism’

The Customs Union (CU) formed by Belarus, Kazakhstan and Russia is functioning fully, according to Russian Industry and Trade Minister Viktor Khristenko...

 

Russia will never sacrifice its position on Abkhazia and South Ossetia for WTO

Russia will never abandon its recognition of Abkhazia and South Ossetia independence for the sake of joining the WTO...

Shuvalov denies links between new tariff hikes delay with election strategy

First Deputy Prime Minister Igor Shuvalov has called the policy a very important in terms of fighting inflation, noting that it is not an election ploy by the Kremlin...

 

Experts see Kudrin’s resignation as a great loss for Russia and the beginning of new era

Experts see the resignation as the beginning of the ‘polarization’ of the elite, emergence of new figures and a tectonic shift in the elite’s consciousness...

Long-serving Minister Shoigu intends to remain in government after 2012 election

Emergency Situations Minister Sergei Shoigu, one of the ‘old-timers’ in the Russian government, has expressed his willingness to continue his work after the presidential election in 2012...

 

The world famous reclusive Russian mathematician again refuses to accept public honors

Perelman, the Russian mathematical prodigy, has again refused public recognition, this time the honorary title of the ‘Academician’ of the Russian Academy of Sciences...

Intrigue over 2012 election over as political heavyweight Putin set to return to the Kremlin

Putin, who was the Russian president in 2000-08, is triumphantly returning to the Kremlin after a four-year voluntary ‘self-imposed exile’ as prime minister...

Issue: October 2011, Vol. 6, No. 9     Author: Kira Petrova
Tags: Putin
 

Russia’s Finance Ministry drafts a three-year debt policy for the country

According to the debt policy bill, drafted by the Finance Ministry, Russia will borrow 6.33trln rubles on the domestic market in 2012-14...

Prokhorov under fierce criticism for a proposal to introduce euro in Russia

Yuri Shuvalov, a top United Russia Party functionary, has criticized Right Cause Party leader Mikhail Prokhorov for his euro integration stance...

 

Russia’s Audit Chamber calls for more efficient use of state funds

Sergei Stepashin, the head of the Russian Audit Chamber, has called on bureaucrats at all levels to improve the efficiency and transparency of state expenditures...

Today’s Russian banks are now better prepared for global economic crises

VTB President Andrei Kostin has hailed the Russian banking system, saying it is far better prepared today for any crises in the global economy than it was two years ago...

 

Russia does not expect problems on the labor market from global economic instability

Deputy Prime Minister Alexander Zhukov has said the current complexities in the world economy will not have negative impacts on Russia's labor market and social programs...

Kremlin against placement of Russian leaders’ portraits on banknotes

President Medvedev said new post-Soviet Russia ought not to return to the practice of placing pictures of Russian leaders on the country’s banknotes...

 

Mironov’s Just Party knows how to attract trillions of rubles to state’s budget

Our party's program will show how the state can generate more money. One is the introduction of a progressive income tax rate for wealthy Russians...

Using cash printing press to solve economic problems equated with government hooliganism

Russian prime minister has accused U.S. hooliganism for generously use of its printing machine, littering the world with unsecured dollars...

 

Russia’s CEC makes ‘a computer tick and bird of happiness’ an election talisman

This choice of an election mascot seems to go well with the Russian president, who has called the combination of ‘innovation with tradition’ a strong move...

Russia’s Agriculture Ministry says EU’s WTO meat quote demands unattainable

The minister’s fears stem from the fact that WTO accession could adversely affect domestic agro, banking and other industrial sectors...

Issue: August 2011, Vol. 6, No. 7     Author: Inga Friedelhaus
Tags: EU
 

Not all Russia Militsia’s top brass pass the ‘transformation tests’ to police generals

A total of 21 generals failed the certification for different reasons such as submitting dishonest declarations or had discredited the force...

The stallion, nicknamed “the king” reigns supreme at the Russian President Horse Racing event

Apart from Russian President Prize event, other equestrian competitions included the National Endowment and the Tatarstan President Prize horse races...

Issue: July 2011, Vol. 6, No. 6     Author: Andrei Ivanov
Tags: Medvedev
 

Kremlin set to ratify trilateral common Monetary Policy Principles Pact

Specifically, the document obliges its signatories to aim their monetary strategies at gradual harmonization of economic policies and boosting confidence...

A state subcommittee endorses alcohol importation licensing abolition

According to the official data, the decision was made in order to prevent dual licensing on alcoholic beverages importations...

Issue: July 2011, Vol. 6, No. 6     Author: Agatha Idrisova
Tags: Zubkov
 

Gazprom disposing non-core assets as it puts Gazprombank stake on sale

This decision is aimed at removing non-core assets from Gazprom's books, company's CEO Alexei Miller said, speaking at the St. Petersburg Economic Forum...

Issue: July 2011, Vol. 6, No. 6     Author: Agatha Idrisova
Tags: Gazprom

Economic Development Ministry expects capital flight rate to increase in 2011

Speaking at a press briefing in June, Deputy Economic Minister Andrei Klepach said he would exclude the possibility of capital flight from Russia rising...

 

Russia intends to protect domestic companies after joining the WTO

Speaking at a meeting on Russian position on WTO, Prime Minister Putin stressed that WTO membership does not automatically open local markets to foreign goods...

Issue: July 2011, Vol. 6, No. 6     Author: Agatha Idrisova
Tags: WTO

Business representatives told not go into politics for self-enrichment sake

Speaking in May at a meeting with Russian parliamentarians, President Medvedev urged business executives not to use politics as a means for self-enrichment...

 

Central Bank’s current ‘blacklisted bankers' database holds almost 200 names

The Russian Central Bank has added 195 names to its so-called ‘database of ‘blacklisted bankers’ ineligible to hold senior positions in financial institutions...

Issue: June 2011, Vol. 6, No. 5     Author: Edwards Johnson
Tags: CB

Putin sets up a National Front political movement to consolidate hold on power in Russia

Prime Minister Putin has set up a new political alliance to boost the chances of United Russia Party of keeping its majority in the parliamentary elections...

Issue: June 2011, Vol. 6, No. 5     Author: Edwards Johnson
Tags: Putin
 

Defiant and unrepentant Khodorkovsky and Lebedev file petitions for parole

Ex-Yukos owner Mikhail Khodorkovsky and ex-Menatep CEO Platon Lebedev have filed petitions for parole at a Moscow court, despite claiming innocence...

Issue: June 2011, Vol. 6, No. 5     Author: Edwards Johnson
Tags: Lebedev

Multibillionaire promises to secure a second place for Just Cause party in the State Duma

To achieve this lofty objective, Prokhorov says he is ready to do everything possible, including using his vast wealth and changing the party’s name...

 

Downgraded speaker loses the privileges of the third highest political figure in Russia

Lost privileges included an official car fitted with a siren, residence and other pecks enjoyed by the third highest political figure in Russia's hierarchy...

Issue: June 2011, Vol. 6, No. 5     Author: Edwards Johnson
Tags: Mironov

Owners of Russia’s night clubs doubling as narcotics sales joints to face legal prosecution

President Medvedev has ordered law enforcement agencies to target owners of clubs selling drugs in their fight against rising drug addictions among Russian youth...

Issue: May 2011, Vol.6, No. 4     Author: Irina Kozlova
Tags: Medvedev
 

Ex-Moscow Mayor Luzhkov denies plans to leave Russia for self-imposed exile abroad

Ex-Moscow Mayor Yuri Luzhkov has again declared that he has no plans to flee Russia on self-imposed exile to a foreign land...

Issue: May 2011, Vol.6, No. 4     Author: Irina Kozlova
Tags: Luzhkov

Russia to make a final decision on fate of the grain export embargo by end of May

Kremlin introduced the embargo after last year’s devastating summer fires, and is scheduled to run till June 30, with the option of its extension till the end of 2011...

Issue: May 2011, Vol.6, No. 4     Author: Irina Kozlova
Tags: Zubkov