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. Last Updated: 07/27/2016

02/18/2009

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VEB Builds $1.7Bln Agriculture Portfolio

By Jessica Bachman / The Moscow Times
Prime Minister Vladimir Putin said Wednesday that Vneshekonombank has built an agriculture portfolio of 60 billion rubles ($1.7 billion) this year, making it the third heavyweight creditor to pledge support for the sector.

Kremlin Unveils List of 100 Potential Leaders

The Kremlin on Tuesday published the first 100 names in a list of the country's top 1,000 managers compiled to help President Dmitry Medvedev fill senior government posts.

China Offers $25Bln Oil Loan

Reuters
China has agreed to lend Rosneft and Transneft $25 billion in return for supplies from huge new eastern Siberian oilfields that will power its economy for the next two decades.

Rambler Loses CEO and 3 Directors

By Courtney Weaver / The Moscow Times
Rambler Media said Wednesday that CEO Mark Opzumer and three board members would leave this spring in the latest setback for the company, which has been struggling to keep up with market leader Yandex and U.S.-based Google.

Strasbourg Court Accepts $34Bln Yukos Case

By Nikolaus von Twickel / The Moscow Times
The European Court of Human Rights has accepted a $34 billion lawsuit by former Yukos management against the government, apparently the largest claim ever made in the court.

AvtoVAZ Developing New Budget Car

By Maria Antonova / The Moscow Times
AvtoVAZ is developing a new budget car to appeal to buyers of its boxy 30-year-old Zhiguli series, the carmaker said Wednesday.

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