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Business: RenCap Cuts RTS '08 Target to 2,350
Renaissance Capital on Monday slashed its year-end forecast for the benchmark RTS Index from 3,000 to 2,350 and increased its equity risk premium for the country from 4 percent to 5.5 percent in a sign of continued investor jitters.
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| Saturday, August 30, 2008
Updated at 29 August 2008 0:13 Moscow Time | |
Published: 10 January 2008
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Business
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Business in Brief
Fund Up 9.4% in DecemberForeign Debt Up to $43BlnCustoms Revenue $144BlnIES Bids for TGK-6, TGK-7UES Advances as Sale BeginsGazprombank Takes LoanGazprom Neft Buys FieldGazprom's Azeri InterestLUKoil Buys Refueling SiteRussia, Algeria Aid GreeceQuery on Units in CyprusAvtoVAZ Sales Rise 6.2%Rail Link Secures ShipmentsRZD to Invest $16.6BlnPorts Volume Up 18%Slot Machine Halls ClosedMetropol, SBI Joint VentureExploration Talks Delayed |
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Inflation Hit 11.9% Last Year
Bloomberg The country's inflation rate rose in 2007 to the highest in four years as the government failed to quell a jump in food prices and wages and investment soared. |
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Turkey Turns Off Azeri Gas to Greece
Reuters Turkey has halted the flow of Azeri gas to Greece due to a suspension of gas supplies from Iran to Turkey, a senior Turkish Energy Ministry official said Wednesday. |
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Irkut Man Gets Top Job at MiG
The Moscow Times Anatoly Belov has been appointed the new general director of jet manufacturer MiG, a government source said Wednesday. Before his appointment, Belov had overseen the creation of the Su-30 MKI jet at aircraft producer Irkut. |
Zubkov Tackles Nalchik's Economy
By Anatoly Medetsky / Staff Writer In his trademark down-to-earth manner, Prime Minister Viktor Zubkov toured Nalchik on Wednesday as he prepared for a Cabinet meeting aimed at boosting the local economy in a region that has suffered from insurgency. |
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Rexam Cleared to Buy Rostar
By Catrina Stewart / Staff Writer British packaging firm Rexam said Wednesday that anti-monopoly authorities had given it the go-ahead to buy Rostar, a unit of Oleg Deripaska's Basic Element, in a deal that would give it a commanding position in the country's beverage-can market. |
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Currency Exchange
USD/RUR - 23.5
EUR/RUR - 37.1
Weather
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
Most Popular Stories.
2. Conflict Exposes Obsolete Hardware
3. Medvedev Backs Independence Bids
4. Russia Expands Into Georgia Proper
5. Georgia Caused This War
Archive
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Columnists
One Way to Live Happily Ever After
By Michele A. Berdy
Nation of Champions Starts in the Courtyard
By Georgy Bovt
Leonid Kuchma Built a Prosperous Ukraine
By Anders Aslund
Don't Trust Politicians With War
By Alexander Golts
Rethinking the War
By Alexei Pankin
The Age of Solzhenitsyn
By Alexei Bayer
How Pique and Spite Can Destroy Relations
By Vladimir Frolov
Russia's Upside in the Georgia Conflict
By Boris Kagarlitsky
Georgian Crisis Is a Trap for U.S. Leadership
By Fyodor Lukyanov
Looking Into Saakashvili's Caucasus Soul
By Yulia Latynina
A Tried and True Diversion Tactic
By Konstantin Sonin
Still Going for Their Gold
By Mark H. Teeter
Fighting Russian Tanks With Patriotic Defiance
By Matthew Collin
The Great Writer Who Buried Communism
By Yevgeny Kiselyov
The Same Old Presidential Reserve
By Nikolai Petrov
The Missiles of July
By Richard Lourie
Immunity From the Oil Curse
By Martin Gilman
