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Putin Presses for 'Full-Cycle' Farming

By Anatoly Medetsky / The Moscow Times

... farmers in areas such as poultry farming, he added. Putin later inspected a poultry farm that opened in November thanks, in part, to federal funding. Built at the cost of 8.5 billion rubles ($274 million), Inzhavinskaya Farm will produce 100,000 tons of chicken meat in live weight per year, contributing to the first ever oversupply of the product in Russia, anticipated this year. The farm is a unit of the privately-held Prioskolye Company, controlled by Gennady Bobritsky. Prioskolye ranked as the top...

TNK-BP's Antitrust 'Signal' May Be $58M

By Howard Amos / The Moscow Times

... profits generated by the guilty oil companies. They represent a "serious signal to shareholders," he told an oil trading conference in Moscow. But he added that to inflict too much harm would be counterproductive. "We shouldn't kill the chicken that lays the golden egg," he said. Industry delegates were also told that the watchdog expected to succeed in dismantling the secretive oil trading system that currently functions in Russia. "It's time to switch to a transparent mechanism...

Obama May Push for Jackson-Vanik Repeal

By Roland Oliphant / The Moscow Times

... editor-in-chief of Russia in Global Affairs, who predicted a combination of political point-scoring by Republicans accusing Obama of going soft on Russia and pragmatic moves to attach conditions relating to anything from sanitary restrictions on imports of U.S. chicken legs to missile defense, if the president asks Congress to repeal the amendment. Other lawmakers may seek to balance any repeal with a replacement law — for example one imposing travel bans on officials accused of involvement in the death...

Protesters Affirm the Modernization Theory

By Sergei Guriev and Oleg Tsyvinsky

... contrast, inert state-owned companies cared little about creating a competent and honest bureaucracy, an independent and effective judicial system, investor rights, competitive markets and anti-monopoly legislation and regulations. But here we run into a chicken-and-egg problem. It is impossible to build such institutions without a large class of private owners. In the second half of the 2000s, the authorities, who had complete control over the state bureaucratic machine, did not build effective public...

Q&A: Skrynnik Sets 7 Growth Records in Agriculture

By Anatoly Medetsky / The Moscow Times

... might. Cargill is planning to open its first local poultry-processing facility this year at a plant in Yefremov, in the Tula region, in order to expand its product offering to McDonald's in Russia. Another facility, to produce feed for baby pigs and chickens, opened at the plant last year. However, Cargill, which also owns a river terminal for grain shipment in Rostov-on-Don and silos in the Krasnodar region, pulled out of a new project at the end of last year — in a sign that Russia sometimes...

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