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New York Times International Weekly and International Herald Tribune rank top in european readership results

The European Media and Marketing Survey 2008 shows that two publications of The New York Times Media Group - The New York Times International Weekly and the International Herald Tribune (IHT) - are delivering a combined readership of 1.3 million among Europe’s high earners.

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"I always read The Moscow Times with interest because it is important for me to know how significant political and business events in Russia are communicated to an English-speaking audience. It should be said that it is always done professionally. "

-Juliana Slaschyova, President
Mikhailov and partners. Strategic communication management

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.

Enlarge your business opportunities this summer - place a job ad at Job Opportunities pages of The Moscow Times until 31 August and get 10 vacancies for free on www.careercenter.ru web site!



Thursday, August 21, 2008 Updated at 21 August 2008 0:24 Moscow Time.

The Moscow Times » Issue 3472 » Business in Brief

Business in Brief

10 August 2006Budget Surplus Hits $47 Bln The country's budget surplus reached 1.258 trillion rubles ($47.1 billion) in the first seven months of the year, helping the nation pay its foreign debt and paving the way for higher credit ratings. The government received 3.46 trillion rubles in revenue and spent 2.02 trillion rubles, the Finance Ministry said Wednesday on its web site. Tax revenue reached 1.71 trillion rubles and customs receipts totaled 1.55 trillion rubles. The budget surplus was 1.07 trillion rubles in the first six months. (Bloomberg) 3-Year Economic Forecast The Economic Development and Trade Ministry used a price of $61 per barrel of Urals crude as the basis for its macroeconomic forecasts for the next three years, used in making recommendations for the 2007 federal budget, Vedomosti said, citing ministry documents. The ""moderately optimistic"" scenario for the next three years predicts gross domestic product growth of 6 percent next year.

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