Articles by Ellen Pinchuk



Central Bank Faces Calls To Reduce Interest Rates

  • 24 July 09
  • Bloomberg
The Central Bank should cut its benchmark rates by as much as 5 percentage points to spur lending to floundering industries, banking executives said.

Lebedev Slams Putin's Anti-Crisis Strategy

  • 30 January 09
  • Bloomberg
Alexander Lebedev, the Russian millionaire who bought London's Evening Standard newspaper last week, said on Thursday that Prime Minister Vladimir Putin's strategy for economic recovery is based on cronyism and is fueling corruption.

Banks Should Merge, Miners Unclear

  • 28 January 09
  • Bloomberg
Prime Minister Vladimir Putin said Russian metals companies should only merge with rivals to enhance competitiveness, not simply to consolidate debt, and that the state had not yet decided whether to back a proposed merger.

Putin Sees Russian Recovery Toward End of '09

  • 28 January 09
  • Bloomberg
Prime Minister Vladimir Putin said he sees ""light at the end of the tunnel"" for the Russian economy by the middle of the year, and he called for global rules to avert a repeat of the current crisis.

Putin Sees Russian Recovery Toward End of '09

  • 28 January 09
  • Bloomberg
Prime Minister Vladimir Putin said he sees ""light at the end of the tunnel"" for the Russian economy by the middle of the year, and he called for global rules to avert a repeat of the current crisis.

Putin Blames Bush for Gas Dispute With Ukraine

  • 27 January 09
  • Bloomberg
Prime Minister Vladimir Putin blamed George W. Bush for a dispute with Ukraine that left much of Europe without gas this month, saying the former U.S. president fostered political chaos in the region.

X5 Sees Smaller Stores Closing

  • 21 January 09
  • Bloomberg
About one-quarter of the country's smaller food stores may go out of business because of the credit crunch, the head of X5 Retail Group said Tuesday after his company posted a 41 percent gain in fourth-quarter sales.

MICEX Chief Sees Similarities to 1929

  • 09 October 08
  • Bloomberg
The 67 percent decline in Russian equities this year resembles the U.S. stock market crash of 1929 because of the damaging effect of highly leveraged investors, MICEX chief executive Alexei Rybnikov said Wednesday.

Magnit Racing to Open Outlets

  • 02 September 08
  • Bloomberg
Magnit, the country's second-largest supermarket chain, is opening a store every 27 hours to keep pace with demand and may post a record $5.5 billion in sales this year, billionaire founder Sergei Galitsky said.

Aricom Loss Narrows After Mine Opens

  • 07 August 08
  • Bloomberg
Losses shrink to $2.5 million in the first half of 2008 from $5.3 million last year.

Designer Simachev Plans to Open 4 U.S. Outlets

  • 04 June 08
  • Bloomberg
Fashion designer Denis Simachev will open four U.S. outlets within a year as sales of his fashions increase from Tokyo to California.

Patrols Target Illicit Caviar Trade

  • 30 May 08
  • Bloomberg
Border guards in an Mi-8 helicopter swooped down on a blue fiberglass boat in the gray waters of the Caspian Sea along the frontier with Kazakhstan.

Pinchuk Plans IPO For $1Bln

  • 08 October 07
  • Bloomberg
Ukrainian billionaire Viktor Pinchuk said he planned to raise at least $1 billion by selling shares of pipe maker Interpipe in Ukraine's biggest initial public offering.

Counterfeit Kalashnikov Makers Come Under Fire

  • 20 August 07
  • Bloomberg
The government is fighting to stop the unlicensed manufacture of the Kalashnikov assault rifle in other countries, 60 years after the weapon went into production.