Standing President Vladimir Putin outlined the goals set for the country for the period of the next 5 years, at his meeting with Federation Council members. This is the period during which Vladimir Vladimirovich is supposed to work as...

While our doubling the GDP still remains an ideological statement, the doubled inflow of foreign capital in general and direct investment in particular has already become the reality. About $80 Bn came to us from abroad in 2007, out of...

The myth of Gazprom keeping thinking of how to favor St Petersburg is one of most often told to the residents of the Northern Capital. People are told that they must be happy that the Company that is Number One in Russia has come to work...

The term “Russian economic wonder” failed to become current. There have been Japanese wonder and Chinese wonder while the Russian wonder seems not to be noticed. It might seem strange considering that our statistic indicators look very...

The circle of Russia’s foes is getting to look like gas check valve that is turning off. For example, in spite of the agreements with the late President of Turkmenistan about invariable price for gas till the end of 2009, today’s Head of...

Tension between Europe and Gazprom appeared not only because Russian foreign policy is getting more aggressive. Rhetoric has never prevented anyone from making money. The matter is that Europe and Gazprom depend on each other too much, and...

Recent statement by Roman Artyukhin, head of Federal Treasury, saying that in 2008 finance ministry may start placing budget means in banking deposits, was called to be almost revolutionary by many experts. It’s amazing that the state who...

YUKOS doesn’t exist any longer. It is excluded from united register of juridical persons, and its shares are not listed in the exchanges. There are only yellow green gas stations remaining somewhere in the country, but they sure will soon...

In terms of involvement in politics our small and medium-size business is usually considered as a cash cow and supplier of manpower for mass events in support of party in power. In that respect it looks amazing the initiative by...

Agreement between largest manufacturers and retailers being signed in the end of October, the information comes everyday from the regions telling how local authorities exercise administrative control over the market. Price upper limits for...

When experts say that Russia is a corporate state they give metaphoric subtext to this expression. However, the metaphor has been getting the real shape of concrete bodies with original organizational-judicial form, huge budgets and...

While economic policy by the government has been getting left on the whole in recent years – inclining more and more to state capitalism and direct administrative control – its financial vector has been stayed monetaristicallly right and...

Our political economic beau monde seems to have their heads turned with success. One of the main symptoms is domination of thinking that capitalist economy can me managed with administrative command system in a country with half-socialist...

Today’s banking crisis looks a bit strange comparing it to Aug.1998 or summer 2004. Newspapers say it exists, while the bankers say it doesn’t. Banks don’t get closed, and there are no lines. Meanwhile, the present situation (let it be...

State corporations now appear with the quick pace, just like the number of commercial banks grew rapidly in the 90-s. It’s only last week that it was announced about the plans of making new such bodies – Avtodor (it will be engaged in...