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18/03/2010
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"Minority Report" by Marina Pustilnik
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Columnists
New deal Russian way
By Marina Pustilnik
This week the Minister of Regional Development Viktor Basargin announced that his agency plans to accelerate the use of money accumulated in the fund for reform of the housing and utilities sector in order to create a lot of new jobs.
Business
International media’s new face
By Marina Pustilnik
The French Arbitration court has allowed Russian businessman Alexander Pugachev to acquire France-Soir, a popular tabloid. The young and wealthy Russian has already said that he plans to transform the paper into a respectable publication.
Columnists
Transit Troubles
By Marina Pustilnik
Every year, on the 31st of December, my friends and I go to the banya...
Columnists
This is the end, my friend
By Marina Pustilnik
This is my fifth annual year-end wrap-up column.
Columnists
The folly of protectionism
By Marina Pustilnik
The Russian government recently announced that starting on January 1 2009, the size of customs tariffs on imports of used cars will increase - in many cases by as much as two fold. The announcement has already led to extra-long lines of used cars at the customs point in western Kaliningrad, as their owners are trying to get the vehicles into Russia ahead of time.
Columnists
How real is the real estate crunch?
By Marina Pustilnik
As the major economic indicators, including dollar-ruble exchange rate, oil prices and company share prices, have been tumbling down in Russia, real estate seemed to be the one last bastion of hope.
Columnists
Crisis Chronicles
By Marina Pustilnik
Reading the news these days is an exercise in self-restraint. One has to literally restrain himself from panicking when reading the chronicles of the crisis. As I am writing this piece, the following stories have made headlines.
Columnists
Concept-2020
By Marina Pustilnik
This week, Russian Prime Minister Vladimir Putin approved Concept-2020 - a macroeconomic document that lists the priorities of our country's socio-economic development between now and 2020.
Business
Glass half full or half empty?
By Marina Pustilnik
Today, I read two opposing forecasts on the development of the financial crisis and how it will affect Russia. One was published by the World Bank - it was full of cautious optimism and conservative praise for the Russian government. The other was published by Raiffaisen Bank and warned of recession.
Columnists
Better Banking?
By Marina Pustilnik
I read this week that the global banking system is going through a period of massive layoffs. The Financial Times reported that up to 70,000 people may lose their jobs on Wall Street.
Columnists
FAS for Us
By Marina Pustilnik
Last week brought the news that the Federal Anti-Monopoly Service (FAS) has accused the state-controlled Rosneft and Russia's largest private oil company Lukoil of abusing their monopoly position in the oil products market.
Columnists
Living with crisis
By Marina Pustilnik
I was reading the news this morning and it felt like a body count. The global financial losses from the crisis are close to $3 trillion. Russian citizens have withdrawn 90 billion rubles from the banks.
Columnists
Big Gas Troika
By Marina Pustilnik
We are sitting on the edge of a new world order these days. The possibility, which for several years has been a subject of fears, gossip and speculation, is finally becoming reality.
Columnists
Upbeat news – for a change
By Marina Pustilnik
Today, when the global economic crisis seems to be the only topic du jour, when the stock markets in Russia get closed several times a day because the indices are either falling or growing too fast (mostly falling, of course) and Vedomosti has daily updates of companies that are laying off their workers, a little bit of good news goes a long way.
Columnists
Iceland seeks Russian comfort
By Marina Pustilnik
Remember the crisis of 1998 when the ruble went from being 6 rubles to a dollar, to 10 rubles, and on and on until it quickly reached previously unimagined levels? Well, now this nasty experience has been played out for somebody else.
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17:03 18/03/2010 |
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A high-tech research and production hub, similar to the Silicon Valley in California, will be built in Skolkovo near Moscow
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16:58 18/03/2010 |
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