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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 3947
Published: 18 July 2008
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Business

Rosneft Set to Clear $22Bln Yukos Loan
By Dmitry Zhdannikov, Christopher Mangham / Reuters The firm will soon pay off a huge bridging loan taken to buy Yukos assets. It still has net debt of over $20 billion.
Eurochem in $630M Deal to Develop Potassium Deposit
Combined Reports Fertilizer maker Eurochem signed a $634 million deal with an international group of contractors on Thursday to help it develop a potassium deposit near the Volga River.
Business Group Urges Action on Graft
By Marianna Tishchenko / Special to The Moscow Times Delovaya Rossia says it will coordinate lobbying on the issue of corruption.
Bill to Let Ferry Tourists Spend 3 Days in St. Pete
By Anna Yukhananov / Special to The Moscow Times Businesses and officials in St. Petersburg, Russia's most popular tourist destination, are lining up behind a proposed law that would allow ferry passengers to spend up to three days in the city without a visa.
Defense Contracts In Doubt
Combined Reports The country's defense industry lacks the resources to meet all its arms export contracts, Russian Technologies chief Sergei Chemezov said Thursday.
Evraz Buys Stake in Australian Miner
Bloomberg Evraz Group, a steelmaker partly owned by billionaire Roman Abramovich, bought a 16 percent stake in Australian firm Cape Lambert Iron Ore, potentially derailing a bid to sell the company's mine to China.
E.On Starts Building Mega Plant
Reuters Germany’s E.On began building two 400-megawatt turbines at a power station in the country’s oil heartland, which when completed would make it the largest station in the world, the utility said Thursday.
President Plugs IT, Democracy
Reuters Modern communications technology should become a gateway to democracy in Russia, President Dmitry Medvedev said Thursday, ordering his ministers to improve online public access to the government.
Business in Brief
Inter RAO Favors EdFAlcoa Antitrust Investigation$2.5Bln Radio Investment?Customs Planning Overhaul78% of SDM-Bank BoughtFederal Grid Undervalued?For the Record
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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

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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