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. Last Updated: 07/27/2016

Business Newsletter Launched

A new 12-page weekly newsletter on Russia's financial markets was launched Friday by a consortium made up of The Moscow Times, Skate Press Agency and the Adam Smith Institute.

Titled The Moscow Times Capital Markets Report, the newsletter includes statistical breakdowns and commentary on the share performance of the 50 companies listed in The Moscow Times Stock Index, as well as extensive company news, features on new legislation affecting the securities markets, money-market news, details of privatization auctions and updates from around the former Soviet Union, said Tina Podplatnik, the newsletter's editor.

"We are confident that Capital Markets Report offers the most comprehensive and up-to-date news source in the field," said Derk Sauer, the head of Independent Press, which publishes The Moscow Times.

"This is a conscious attempt to contribute to openness and the free flow of public information in the securities market, something that it so desperately needs," Sauer said.

The newsletter appears at a time when the market is in a state of flux, still reeling from the assassination attempt on Andrei Orekhov, president of the Grant brokerage house. Grant officials at the time explained the murder attempt as an effort to strike back at a company that had been striving to open up an essentially secretive market.

Initially in English only, the newsletter will at a later date be offered in a Russian-language version as well.

The other partners in the consortium, known as Independent Business Media, are the Skate Press Agency -- which calculates The Moscow Times Stock Index and is acknowledged as one of the leading information providers in the market -- and the Adam Smith Institute.

Based in London, the Adam Smith Institute is known primarily for its role in advising the British government on its privatization program.