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. Last Updated: 07/27/2016

06/08/2011

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A New State's Guide to Gaining International Recognition

It's not easy gaining recognition as an independent country. Abkhazia's current independence fiasco sheds light on efforts of the small country and its handful of supporters to gain recognition — and the lengths that Georgia and its allies are willing to go to block it.

State Allots $10Bln to Lure Investors

The last few weeks have been busy for Deputy Economic Development Minister Stanislav Voskresensky. His ministry is putting the final touches on a private equity fund to be launched next week with the goal of improving investor confidence.

Vegetable Ban, Resumed Grain Exports to Drive Prices Up

Bloomberg
Food prices, which have eased to help stabilize inflation, may rise in June and July as grain exports resume after last year's drought and the government bans vegetable imports from the EU.

Ex-Yukos Investigator Asked to Check Khodorkovsky's Appeal

A senior investigator who briefly headed the probe into the second Yukos case has been assigned to check reports that the verdict in the case was illegally imposed on the judge.

Russia Trailing BRIC in Competitiveness

The Moscow Times
Russia is falling behind other BRIC economies in global competitiveness and growth, according to The Russia Competitiveness Report 2011, released Monday by the World Economic Forum.

Business Lobby Has Ideas to Reduce Tax

The business lobby group Delovaya Rossia proposed Tuesday a restructuring of the pension system and a raft of alternative taxes to bring the social tax on payrolls down to 16 percent from its current 34 percent.

Putin Sings Old Song on Sochi Beach

The Moscow Times
Prime Minister Vladimir Putin expanded his repertoire of unorthodox publicity stunts, singing a Soviet-era pop classic to the music of a guitar with a group of young people on a Sochi beach.

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