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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 3819
Published: 14 January 2008
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Business

With the Bosses Away, Investors Still Play
By Catrina Stewart / Staff Writer It's a slow start to the year when half the country is still on vacation. Two weeks after the ushering in of a new year, there is still a skeleton staff at many Moscow investment banks. The bosses are away, the traders are silent, and the phones barely ringing.
LUKoil Expects 2007 Profit of $8Bln
The Associated Press LUKoil expects to record a 2007 profit of about $8 billion, president Vagit Alekperov said Saturday.
Demand for Power Falls Short of Forecasts
Reuters National power consumption grew 2.3 percent last year compared with 2006, Unified Energy System said Friday, but the figure fell short of the state's long-term forecast of about 5 percent annual growth.
Ukrainians Rush to Get Back Savings
The Associated Press Thousands of Ukrainians streamed to state bank offices Friday to get compensation for savings lost in the 1991 Soviet breakup -- a promise of new Prime Minister Yulia Tymoshenko that some analysts caution could hurt the economy.
S&N Mulls Triggering Shotgun Clause
By David Jones / Reuters Scottish & Newcastle could this week trigger a ""shotgun"" clause attached to its valuable Russia-based brewing venture in a last-gasp move to fight off a bid from Carlsberg and Heineken or extract an even higher price, analysts said.
BoNY Sends Lawyer to $23Bln Trial
By Anatoly Medetsky / Staff Writer A legal representative for Bank of New York Mellon will appear for the first time in court to defend the bank against allegations as a $22.5 billion money-laundering case resumes Monday.
Business in Brief
Initial Pipeline Deal SignedGazprom Neft InvestigatedGazprom to Enter IrelandBelarus to Raise Transit FeeRosneft Seeking $2BlnCaptial Inflow $82.3BlnNovember Trade Surplus UpToyota Adds Low-End LineBelarussian Protesters GuiltyAnheuser-Busch Offers HelpExxon Wants to LeadKashagan MeetingSotheby's, Christie's RecordFor the Record:
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Currency Exchange


USD/RUR - 26.2
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Weather

Moscow
Saturday day

Cloudy 8o C
Winds: W at 4.5 m/s Pressure: 750 mb Humidity: 79% 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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Archive

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Columnists

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

Private Sector Under Attack
By Alexei Bayer

Uncommon Sense
By Georgy Bovt

Crisis -- What Crisis?
By Yulia Latynina

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

Prepare for a Bumpy Ride
By Boris Kagarlitsky

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

Medvedev's Cure for the Far East
By Nikolai Petrov

Global Economy Rests On American Shoulders
By Konstantin Sonin

U.S. Should Recognize South Ossetia
By Richard Lourie

Russia's Animated Debate
By Mark H. Teeter

Georgia Sees Reminders Of the War Everywhere
By Matthew Collin

A Frightful Wake-Up Call
By Anders Aslund

Walking Carefully From Transdnestr to Yerevan
By Fyodor Lukyanov
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