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Jobs & Careers (Fall 2008)

Everyone has an opinion about the 'chinovnik' - the Russian civil servant. But what do they say about themselves? For the fall edition of Jobs and Careers we spoke to two civil servants. They're young, hard-working and ambitious. And according to one of Russia's top captains of industry, they'd be far better advised to go into business. "There are young people who go to work in state service right after graduation," said billionaire Mikhail Prokhorov in a recent speech to students at his alma mater, the state Financial Academy. "I recommend that you only go into business. Only there will you find drive and real life." So why is it that so many young people, against his advice, are still trying to make a career in the civil service and what are the prospects? And is it something they'd recommend to other young people looking for a high-flying career?



Rambler's Top100

Market Matters: RTS Has Toughest Week Since '99
Trading on the dollar-denominated RTS exchange was suspended three times on Friday as anxiety deepened over whether the U.S. House of Representatives would pass a $700 billion financial sector bailout package and share prices on Russian and international markets plummeted.

Will PR specialists save the world? The financial crisis has added extra work to them.PR agencies are not left at a loose end either. Will this become a test for Russian PR specialists in the area of finance? How far has the Russian PR progressed at all?

Issue 3827
Published: 24 January 2008
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Business

Exporters Selling Fuel at Home
Reuters Some of the country's largest fuel exporters are redirecting volumes to the domestic market in a rush to cash in on high prices at home while recession fears drive a downturn on international oil markets.
Norilsk to Elect New Board in April
Bloomberg Norilsk Nickel, the mining company that may be acquired by United Company RusAl, called an extraordinary shareholders' meeting to elect a new board.
Eventica Rebrands London Forum
The Moscow Times The organizers of the Russian Economic Forum said Wednesday that they were rebranding the London-based event in an apparent attempt to rekindle interest in the annual gathering that saw a last-minute pullout of participants last year.
Apple Pitches for a Bigger Russia Slice
By Tai Adelaja / Staff Writer Computer giant Apple made its first direct pitch to Russian consumers Wednesday, showcasing a line of new products in Moscow.
Gas Transit Fee Called Too Low
Reuters Ukrainian Prime Minister Yulia Tymoshenko suggested on Wednesday that the price Russia pays to transit gas through Ukrainian territory to Europe was too low and called for talks with Moscow.
Worries Over Golden Telecom Deal
Reuters VimpelCom, the county's second-largest cell phone operator, is hoping turbulent markets will not threaten a $4.3 billion planned acquisition of fixed-line compatriot Golden Telecom, the company's CEO said Wednesday.
Russian Markets Drop by 4% in 7th Straight Day of Losses
Bloomberg Russian stocks sank for a seventh day on concern that a weakening economic outlook in the United States will hurt demand for metals and energy. Oil producers Surgutneftegaz and Tatneft led the declines as crude dropped below $88 per barrel.
RusAl IPO Seen Likely Moving to Hong Kong
Combined Reports United Company RusAl is considering moving its initial public offering from London to Hong Kong, a senior executive at billionaire Oleg Deripaska's holding company said.
Kudrin Says Gold Can Save the World
By Lynn Berry / Staff Writer Finance Minister Alexei Kudrin said Wednesday that Russia and other countries with large gold and currency reserves could help the world economy weather the current crisis.
French Ease Freeze on CB Money
Reuters France has unfrozen one of the Central Bank's accounts in French commercial banks, frozen as part of a suit by Swiss trading firm Noga, a Russian financial source familiar with the situation said Wednesday.
Business in Brief
Ivanov Criticizes GlonassOnexim's Nanotech FacilityCherkizovsky to Be ClosedSerbian Leaders to VisitNew Chelyabinsk RefineryIndustrial Output Up 6.3%RZD May Borrow $11BlnKM Invest LiquidationVTB to Expand AbroadGaz de France Eyes TGK-10Rosneft to Raise $2BlnSt. Pete Port Dispute EndedNaftogaz Wants More TimeCarrefour Store in Tyumen
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Currency Exchange


USD/RUR - 26.1
EUR/RUR - 35.6


Weather

Moscow
Thursday night

Partly Cloudy 4o C
Winds: W at 3.5 m/s Pressure: 745 mb Humidity: 94% more

Hurdles Ahead.

Boosting Population a Vague Science

Armed With Nukes and a Vague Plan

Balancing Growth and Environment

Lots of Work but Too Few Workers

Rich Get Richer as Poor Get Poorer

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Columnists

Blind Faith of Free-Market Cheerleaders
By Boris Kagarlitsky

A Lonely Stand on South Ossetia
By Yulia Latynina

United States Lost Russia and Everything Else
By Fyodor Lukyanov

Moscow's Last Stand in Regional Elections
By Nikolai Petrov

Russia Remains Calm Before Financial Storm
By Konstantin Sonin

Gorbachev's Gallant Example
By Richard Lourie

Even Stranger From Afar
By Mark H. Teeter

Uncertain Future for Georgians in Abkhazia
By Matthew Collin

A Collapse, by Any Other Name ...
By Michele A. Berdy

Private Sector Under Attack
By Alexei Bayer

Uncommon Sense
By Georgy Bovt

What Will Happen Next to the U.S. Dollar
By Martin Gilman

A Selective Definition of Democracy
By Alexei Pankin

Medvedev's New Doctrine
By Alexander Golts

Making Strategic Assets Accessible to Investors
By Vladimir Frolov

Why Russians Put Stalin at the Top of the List
By Yevgeny Kiselyov

A Frightful Wake-Up Call
By Anders Aslund
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