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22.10.2010, 12:46 1 comment

Norilsk Nickel board unchanged as Rusal continues to push

Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.

22.10.2010, 12:32

Rouble takes a back seat as inflation becomes the focus

The rouble has fallen to its lowest level this year against the euro-dollar currency basket. But, the central bank is not too concerned about the weakness as it focuses attention on controlling inflation.

Photo from www.nornik.ru 21.10.2010, 17:13

Norilsk Nickel EGM votes against changing Board

The Extraordinary General Meeting called by Norilsk Nickel in the wake of the disputed Annual General Meeting in June has voted against changing the board elected at the AGM.

06.09.2010, 11:18 4 comments

Old light bulbs face the dimmer

Europe’s move to phase out 60 watt light bulbs next year after banning 75 watt bulbs last week is also the future direction for Russia, as energy efficiency starts to take on a day to day meaning.

29.06.2010, 17:10 1 comment

Reducing budget deficit a priority for President Medvedev

Russian President Dmitry Medvedev has unveiled the country's three-year budget plan for the next 3 years.

09.07.2010, 12:02 1 comment

Russian Retirement age comes into focus

Russian finance minister, Alexey Kudrin, has proposed increasing the retirement age for Russians, with experts agreeing the problem should be urgently addressed.

29.01.2010, 11:42 2 comments

Davos: privatization of Russian state-owned businesses key to funding deficit

Russia's leading bankers have been using the World Economic Forum in Davos to push for the privatization of their companies, with the heads of Sberbank and VTB being the most notable.

09.04.2010, 21:30 2 comments

Cash for clunkers powers into top gear

It’s a month since cash for clunkers programme was launched in Russia and strong demand has already taken 85% of the planned supply of new Lada cars.

22.07.2010, 13:35 2 comments

New tax measures to hit resources

Russia’s Finance Ministry will raise the gas extraction tax almost 61% already in 2011, with other natural resources also facing an increased tax burden as the government looks to rein in the budget deficit.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

Privatization agenda to shape new corporate landscape

Published: 22 October, 2010, 19:17
Edited: 27 October, 2010, 20:23


The privatization agenda outlined by First deputy Prime Minister Igor Shuvalov, will seek to both shore up the government’s budget gap, and bring about major change in the Russian corporate market.

 
4 COMMENTS
hamish kay October 25, 2010, 18:32 quote
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Russia should not sell any assets, companies to the wall street/city of london parasites. The imf agenda will be enacted thus ruining every Russian persons life. Best by far if Russia controls all of it's companies. or if russia does got down this route just defaul and knock wall street, not that it would matter as they just print money not tied to gold, visible exports etc.

melnickrj October 25, 2010, 19:07 quote
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If the American model is a failure and the China model a success, my hope is that Russia fully weighs the pros and cons of each model and sets its own unique, blended course into the future. A successful course.

Biloxi October 27, 2010, 20:16 quote
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Russia as about last in the non-corrupted governments, this is certainly to be BUT with great regrets the rock stars in charge shall be also, very-very sorry! In November of 2010, the G20 is to be hosted by South Korea, where they will meet to again advance the process of global governance and global social genocide. Prior to the official meeting of heads of state, a much more important preliminary meeting took place between the finance ministers and central bank governors of the G20 nations. This took place in late October of 2010 in Seoul, South Korea, at a time when the world is immersed in a global currency war. The currency war involves several major nations, from America, to Brazil and China, seeking to depreciate their currency in order to make exports more attractive, so their central banks (all of which cooperate on global governance at the BIS), buy and sell each others’ currencies, attempting to decrease the value of their own currency while increasing the value of competitor currencies. In short, it’s a race to the bottom. To convince China to appreciate its currency, incentives must be given. If China is to be following the dictates of the global financial powers, its economic weight in the world demands that China be better represented and more involved in the governance of these institutions. This means that if China is being integrated into a system of global governance, it must be invited to the management table. Andrew Gavin Marshall @ globalresearch.ca

ew November 06, 2010, 17:41 quote
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October 27, 2010, 20:16, Biloxi wrote > so their central banks (all of which cooperate on global governance at the BIS), buy and sell each others’ currencies, attempting to decrease the value of their own currency while increasing the value of competitor currencies. Very interest comment, but I need an explanation of this. How can the central bank decrease the value of their own by buying and selling each other's currency? How does it work? Please advise me.

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