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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?
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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.
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| Wednesday, October 08, 2008
Updated at 08 October 2008 1:06 Moscow Time | |
Published: 10 July 2008
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News
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Listings Abroad Face New Curbs
By Max Delany / Staff Writer New rules will slash the percentage of shares Russian energy and mining companies can sell on stock exchanges abroad and impose less severe restrictions on other companies, the Federal Service for Financial Markets announced Wednesday. |
Medvedev Voices Distress Over U.S. Shield
By Anna Smolchenko / Staff Writer President Dmitry Medvedev said Wednesday that Russia was “distressed” by a U.S. deal to place parts of a missile-defense shield in the Czech Republic and promised to respond with “concrete steps.” |
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Raid in Ingushetia Kills 3
Reuters The latest in a series of attacks adds to growing instability in the area. |
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Husband Killed By Folding Couch
Reuters A St. Petersburg woman killed her drunk husband with a folding couch, Channel Five television reported Wednesday. |
Days of Moscow's Cockroaches Numbered
By Anna Malpas / Staff Writer Cockroaches used to be the scourge of Russian housewives, who would aim slippers at the insects that swarmed out of nooks and crannies in Soviet flats. |
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Bastrykin Denies 'Crude Lie'
The Moscow Times Investigative Committee head Alexander Bastrykin has denied accusations that he is running an illegal business in the Czech Republic. |
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Moscow's Water Called Drinkable
The Moscow Times The quality of Moscow's drinking water appears to be improving, meaning that the city's denizens should have no reservations about regularly indulging in tap water, a City Duma deputy said Wednesday. |
Georgia Says Russia Spoiling Rice Visit
Reuters, AP Georgia on Wednesday accused Russia of sending fighter jets into its airspace to undermine a visit by U.S. Secretary of State Condoleezza Rice. |
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39 Reputed Mobsters Detained On Yacht
By Nabi Abdullaev / Staff Writer Police used a dramatic helicopter raid to detain dozens of reputed crime bosses gathered on a yacht to settle a rift between rival dons, an Interior Ministry spokeswoman said Wednesday. |
Business
Bank Rossiya Emerges From Shadows
By Catrina Stewart / Staff Writer It is an overhang from Vladimir Putin’s Russia, a byword for the cronyism and connections that prevail in government. But Bank Rossiya, otherwise known as the bank of Putin’s friends, looks like it is trying to turn over a new leaf. |
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Sechin Says the State Backs BP in Russia
By Anatoly Medetsky / Staff Writer He also says the company will gradually decrease the number of government officials on its board. |
IES Seeks $1Bln for Its Noncore Assets
By Nadia Popova / Staff Writer Viktor Vekselberg’s Integrated Energy Systems will seek to raise $1 billion from the sale of noncore electricity assets in the next six months to a year, general director Mikhail Slobodin said. |
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Central Bank Allows Ruble to Edge Upward
By Yelena Fabrichnaya / Reuters The Central Bank allowed the ruble to strengthen Wednesday for the second time in a month, and dealers said they thought it was not the last time the regulator would use its heavy weaponry to combat inflation. |
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Kinross Opens $750M Chukotka Gold Plant
Reuters Canadian miner Kinross Gold launched a new gold processing plant in the Chukotka autonomous district Wednesday, as the remote region prepares to more than triple gold output this year, the regional government said. |
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Strategic Investment Body Formed
The Moscow Times Prime Minister Vladimir Putin on Wednesday approved a list of members for a government commission overseeing foreign investment in strategic sectors and put the Federal Anti-Monopoly Service in charge of regulation. |
Auto Market Is Europe's Biggest in H1
Bloomberg Russia passed Germany as Europe's biggest auto market in the first half as sales rose 41 percent to 1.65 million cars, swollen by demand for models from U.S. and Asian manufacturers, PricewaterhouseCoopers said Wednesday. |
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Nord Stream to Seek Approval, Then Cash
By Miriam Elder / Staff Writer Gazprom-led Nord Stream, a controversial pipeline that will ship Russian gas directly to Europe, can only seek financing once it gains environmental approval from neighboring countries, the consortium's financial director said Wednesday. |
Opinion
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Thriving SMEs Crucial For Economic Growth
By Jorn-Axel Meyer, Alexander Tirpitz / Small and midsize enterprises, or SMEs, are referred to as the ""engines of the economic development"" because they provide around the half of all jobs and contribute from 40 percent to 50 percent to the gross national product in developed countries. |
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Boris Kagarlitsky: Medvedev Is Neither Tsar Nor Saint
Russians have a serious problem on their hands. They don't know which of the two tsars is the real one. |
Business in Brief
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Business in Brief
Arrest Extension Overturned; Transneft '07 Profit Up 18%; Nuclear Reactor Deal Signed; Silvinit to Limit Russia Price; Gazprom-Libya Venture; For the Record |
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News in Brief
Food Aid Arrives in N. Korea; Turkmens Free Reporter |
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Currency Exchange
USD/RUR - 26.2
EUR/RUR - 35.6
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.
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5. RTS Has Toughest Week Since '99
2. Liberals Must Come to Grips With New Russia
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4. Graft-Fighting Lawyer Harassed by Police
5. RTS Has Toughest Week Since '99
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Columnists
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
Brezhnev Comes to Washington
By Alexei Bayer
Making Strategic Assets Accessible to Investors
By Vladimir Frolov
Nothing to Snivel At
By Michele A. Berdy
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
Yushchenko Plays the Anti-Russia Card
By Georgy Bovt
A Frightful Wake-Up Call
By Anders Aslund
Walking Carefully From Transdnestr to Yerevan
By Fyodor Lukyanov
