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. Last Updated: 07/27/2016


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Paulson Says U.S. Welcomes Rubles

U.S. Treasury Secretary Henry Paulson appealed for Russia to invest its oil riches in the dampened U.S. economy on Monday, during the first Kremlin visit by a senior U.S. official following the accession of President Dmitry Medvedev.

OGK-1 Goes to Dubai for $5.34Bln

OGK-1, the country’s biggest wholesale power producer, will be sold to Dubai World for a record $5.34 billion, UES chief Anatoly Chubais announced Monday as he lowered the flag on Unified Energy System.

Gas Guzzlers Still Kings of Russia's Roads

As American automakers ponder record losses due to the falling popularity of trucks and SUVs, larger cars are breaking sales records in Russia.

Norilsk Shareholders Balance Board

A record turnout of 77 percent of shareholders voted in favor of increasing the size of its board from nine to 13 members and elected two independent directors Monday, results that seemed to please all parties involved.

Ex-Yukos Chief Faces Charges

Combined Reports
Prosecutors brought new charges against jailed former oil tycoon Mikhail Khodorkovsky on Monday, his legal team said.

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