Obama May Push for Jackson-Vanik Repeal
26 January 2012 | Issue 4810
U.S. President Barack Obama called on lawmakers to approve "permanent normal trade relations" with Russia on Tuesday, in the latest hint that his administration would move to repeal the Cold War-era trade restrictions.
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President Vladimir Putin, who was expected during a meeting with more than a hundred entrepreneurs on Thursday to give a nod to the State Duma to draft an amnesty act freeing thousands of imprisoned business people, said the concept needed more work, Russian television reported Thursday.
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Grishin Robotics, a company owned by Mail.ru Group CEO Dmitry Grishin, has invested $500,000 in Swivl, a U.S. company that produces robotic video devices.
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Russia plans to switch to a variable tax rate on natural gas producers to lessen the burden on companies willing to develop deep and remote fields and to claw back money from exporters who enjoy benefits.
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Audi on Thursday presented a new premium model in the country as sales of this class of cars are bucking the downward trend on the domestic auto market.
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When it comes to Russian college students' career aspirations, Gazprom's gas fields might as well be described as the fields of dreams, according to an annual ranking released Thursday by the Universum consulting firm.
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Opel's updated Astra provides the same old reliable performance and functionality while adding many modern amenities.
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