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Furniture Magnate Shot Dead in Mercedes in Moscow Region

The Moscow Times

... Channel One said, adding that he had run 8 March since the mid-1990s. News reports, citing company employees, speculated that the killing might be connected to an attempt to seize the company or to debts that Kravchenko might have incurred during the 2008 recession, which hit the domestic furniture business hard. “He never refused to help anyone,” one employee told news site Gudok.ru. “Despite his busy schedule … he would stop at the factory in the evening to walk around...

Hospitality Industry Trends

By Konstantin Goriainov / Holiday Inn Moscow Lesnaya and Holiday Inn Moscow Suschevsky

... recruit, reward and retain talent to ensure consistent guest satisfaction. In unstable times, the hospitality industry will need to find best practices in minimizing the shocks of unpredictable events. These impacts can be large such as the recent recessions, affecting RevPAR on a global scale and reducing average occupancy to historic lows. They can be on a smaller scale, such as an impact of a terrorist attack, a natural disaster or a major health scare on travel to a specific destination. Strong...

Protest and Chaos Seen in Kudrin-Ordered Study

By Anatoly Medetsky / The Moscow Times

... "transformation." Dmitriyev didn't elaborate on what kind of changes would happen to the government in such a scenario. The likelihood that the Greek debt crisis could affect Russia is 50 percent, Kudrin said. He said the euro zone had already slid into recession. The final scenario is for the protesters and the modernizers in the government to agree on some changes and pull them off, according to the study. Although the study said that was unlikely, Kudrin insisted it could still happen. Prime Minister...

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