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Illustration by Christopher Zacharow 08.06.2009, 12:11

Kudrin sounds note of caution on banking system

Russia's Finance Minister has warned of "more skeletons in the closet" for the country's banking sector, as the head of Citigroup says a "shadow banking system" remains unregulated.

08.06.2009, 12:21

Dr Doom more optimistic but still alert for second wave of crisis

While Russia's Finance Minster Aleksey Kudrin continues to warn of banking instability, Nouriel Roubini, Professor at New York University - also known as Dr. Doom - expressed more optimism.

Photo from www.forumspb.com 08.06.2009, 10:50

St Petersburg investment showcase looks beyond crisis

St Petersburg’s annual economic forum brought together people from 83 countries. Against a background of global financial crisis, the event had a lower profile - but the debates were more timely than ever.

Dmitry Medvedev (RIA Novosti) 18.06.2010, 17:07 4 comments

President’s keynote St. Petersburg address focuses on modernization

Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.

30.12.2009, 20:48 2 comments

Economic worst avoided with much still to do

Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.

13.08.2009, 16:39 1 comment

Magna Sberbank proposal on Opel finalised

Canadian car parts group Magna, along with Russia's Sberbank, have finalized their proposal to buy General Motors German subsidiary, Opel.

The Opel car factory (AFP Photo / Georges Gobet) 11.09.2009, 18:17 1 comment

The benefits for Russia of buying into Opel

By the end of the year, the Russo-Canadian joint venture will reach a deal to take a stake in Opel. But what does the Russian side gain?

23.06.2010, 10:44 1 comment

Russian-Italian helicopter project launched

Italy’s Agustawestland and Russian Technologies State Corporation have launched a joint venture in producing hi-tech helicopters in Russia.

Dmitry Medvedev (2-R) and Arnold Schwarzenegger (R) during Medvedev`s visit to the CISCO office (AFP Photo / RIA-Novosti / Kremlin / Dmitry Astakhov) 24.06.2010, 12:22 1 comment

Cisco commits to Skolkovo as President looks over hi tech role models

Russian president Dmitry Medvedev is looking over California’s silicon valley on his trip to the US, as American technology giants take increasing interest on his plans for the modernization of Russia.

01.04.2009, 10:00

German business looks for growth in Russia

Business leaders say German companies will continue to invest in Russia - though their approach to investment is changing.

Innovative economy needs major reforms

Published: 08 June, 2009, 12:56
Edited: 21 June, 2010, 14:19


Rosnano CEO Anatoly Chubais says developing an innovative economy involves major reforms, and thinking strategically.

 
1 COMMENT
Miroslav Vlatkovich_Exploration Geophysicist June 21, 2010, 12:20 quote
0

Easy to tell, hard to do. What will you do with "RED BARONS" in factories and institutes?

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