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WP: US Congress Should Heed Kasparov’s Words

The Washington Post’s Fred Hiatt writes on Garry Kasparov’s appearance before US congressional leaders, explaining the need to consider Russia’s economic and political situation far differently than they do right now.

Jun 18, 2011 | Continued
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Bank of Moscow President Flees Russia

The president of the Bank of Moscow has fled Russia in order to avoid possible prosecution for aiding Yelena Baturina in embezzling $444 million to pay off her company’s debts.

Apr 5, 2011 | Continued
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Russia Faced With Magnitsky, Khodorkovsky in Davos

Russian leaders are facing tough criticism of the country’s business practices at the World Economic Forum, as William Browder speaks out on the scandalous death of his lawyer, Sergei Magnitsky, and what it means for business in Russia.

Jan 28, 2011 | Continued
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Russia’s Crumbling Roads ‘Connected With Our Poverty’

Russian automobile owners will have to pay nearly $1000 in taxes a year just to maintain currently existing roads, at the same time as the country suffers from a sorely lacking transportation infrastructure.

Jul 6, 2010 | Continued
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Medvedev: Russia Must Become a ‘Country of Dreams’

The Russian president spoke at the official opening of the St. Petersburg International Economic Forum on Friday, pledging to shape fiscal policy in order to turn Russia into a country that people would strive to make “their new or second home.”

Jun 18, 2010 | Continued
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$33.8 Billion Required to Save Monotowns

Russia’s Ministry for Regional Development is estimating that about $33.8 billion would be required to modernize one hundred of the country’s struggling single-industry towns.

Mar 10, 2010 | Continued
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Children Taken from St. Petserburg Mother for State Debts

Custody officials in St. Petersburg have taken four children into custody from a woman in debt to the state housing authorities, promising to return the children after she repays the money.

Feb 15, 2010 | Continued
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Russia Ranked Highest in Economic Crime

A global survey by PricewaterhouseCoopers has ranked Russia in first place for prevalence of economic crime, with 71 percent of corporations admitting to at least one instance in the past year.

Nov 22, 2009 | Continued
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State Corporations Face 22 Criminal Charges

An audit of Russian state-owned corporations has revealed violations that have resulted in 22 criminal charges, and proposals to the government include a combination of possible privatization and increased government oversight.

Nov 11, 2009 | Continued
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Immortal Inflation

Sergei Shelin aruges that not only has the Russian government failed to quell inflation, but that mechanisms to support it are cemented in Russia’s economy.

Oct 31, 2009 | Continued