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breakingnews
19.06.2009, 20:54
5 comments
You sign a piece of paper and get 80 to 800 US dollars for just that. Only the small print says, for this much easy money you pawn your eternal soul.
16.04.2010, 21:44
4 comments
While the incomes of the country's ruling elite have been made public, Forbes magazine has revealed the names of Russia’s 100 richest people.
24.08.2010, 21:14
2 comments
Moscow mayor Yury Luzhkov has topped Forbes magazine's list of Russian officials with the highest annual household income.
11.10.2010, 21:29
3 comments
Aleksey Kudrin, head of the Russian Ministry of Finance, was presented the Finance Minister 2010 award by Euromoney magazine.
22.07.2009, 11:05
2 comments
The former chairman of Russia's Central Bank Viktor Gerashchenko spoke to RT about the causes of the world’s money troubles, a global reserve currency and international financial organizations.
03.02.2010, 06:52
2 comments
Russian billionaire Vladimir Potanin says he plans to give almost all of his two billion dollar fortune to charity within the decade.
26.07.2010, 21:14
2 comments
President Dmitry Medvedev has signed a law bringing Russian banking legislation into line with recommendations made by the Financial Action Task Force.
05.10.2009, 17:42
Russia meat producer, Cherkizovo, has posted a 1H 2009 Net Profit of 1.66 billion Roubles under US GAAP.
04.03.2009, 12:56
1 comment
While the typically Russian strong and all-powerful “macho” man may seem to be destined for extinction, a new strong type is taking over the Russian entrepreneurship scene – the Russian businesswoman.
06.06.2009, 12:45
1 comment
Delegates from more than 70 countries have been gathering in St. Petersburg for a major economic forum to help define the world's post-crisis financial architecture.
Published: 27 October, 2009, 12:29
Edited: 28 October, 2009, 13:54
The tax office in Moscow is suddenly a little more popular than you'd expect. Business owners are queuing up to submit their papers after a change in tax law, ignoring the authorities' reassurances that there's no rush.
President Medvedev has stated in no uncertain terms that the Russian economy must diversify or die, He wants by 2020, 40% of the economy to be generated by non commodity based enterprises. At this time 80% is commodity driven, he has set a tuff target one that can only be achieved by stream lining Russia’s taxation/registration systems and encouraging a large amount of internal and external investment into the economy. To achieve this ambitious target Russia must be business friendly, But what is the current reality on the ground?, there is as we speak a kilometre long line of smartly dressed small businessmen and women standing in the rain, soaked and bedraggled outside the one and only tax office available, waiting to re-register their businesses. This is in Moscow the engine room of the Russian economy, what a sorry sight what an embarrassment. Mr Medvedev must be pulling his hair out, And why is this happening? because these educated hard working entrepreneurs do not trust the system, what a damming indictment on the government’s limp wristed attempts at reform.