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Oct 4, 2011

RUSSIA News, Oct 04, 2011


Startup Sauna Goes Hunting in Siberia
BusinessWeek
“The more you move away from Moscow and Saint Petersburg, the more technical it gets,” says Ylimutka. “The high-tech stuff is what really makes Russia interesting. Part of it is probably because there is more of a military influence in these parts of ...
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Privatisation: Sell-offs may remain a distant prospect
Financial Times
“The aim of the privatisation process should be the liberalisation of the economy and the lowering of control of these companies, for example by creating real independent boards,” says Steven Hellman, managing director of Credit Suisse in Moscow. ...
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Dinamo win to close gap on leading pair as Zenit, CSKA, drop points
RIA Novosti
Two Andrei Voronin goals took Dinamo Moscow past Krasnodar to close the gap at the top of theRussian Premier League to just three points, as leading pair Zenit St. Petersburg and CSKAMoscow could only draw. Two Andrei Voronin goals took Dinamo Moscow ...
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Retail Heads to the Regions, Gets Specific in Moscow
The Moscow Times
Moscow accounted for 36 percent of new retail space in Russia this year, according to Cushman & Wakefield real estate agency. Novosibirsk, Yaroslavl, Kazan and St.Petersburg also completed major projects. But cities with a population between 100000 ...
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The Moscow Times
PRESS DIGEST - Russia - Oct 4
Reuters
Moscow Oct 4 (Reuters) - The following are some of the leading stories in Russia's newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy. - Russia's gas monopoly Gazprom may spend 44 billion roubles ($1.3 ...
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Russia lose striker Kerzhakov for Slovakia qualifier
Yahoo! Eurosport UK
Zenit St Petersburg said on their website (www.fc-zenit.ru) Kerzhakov, the Russian league's leading scorer with 16 goals, had damaged ligaments in Sunday's 2-2 draw against Spartak Moscow. He could be sidelined for up to two weeks. Russia coach Dick ...
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Startup Sauna goes to Siberia on the hunt for success
GigaOm
Searching for great companies was interesting, although not exactly easy. “Finns have so many prejudices about Russia,” laments Ylimutka, “But St. Petersburg is like the Venice of Northern Europe. And Moscow's such a big city. ...
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Foreign Scientists Drawn by Lucrative State Mega-Grants
The Moscow Times
"I don't expect Russian bureaucracy to be simple," Koltermann said, speaking in English. "And I think that in every bureaucracy, there is some way around. But I'd like to know for sure" how to navigate the bureaucracy in Russia. In Russian academia ...
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The Moscow Times
Russian envoy denies excessive spending on North Caucasus
RT
The campaign has been organized by the Russian Public Movement and the RussianCivil Union, who have joined under the common banner of “Russian Platform.” The activists intend to organize rallies in Moscow, St. Petersburg, Nizhny Novgorod and many ...
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RT
Nationalists gear up for 20000-strong march in central Moscow
RT
“The people of Russia have to know what nationalists think of the recent developments in the country's politics ahead of the coming elections," the nationalist leader claimed. Two previous Russian Marches, in 2009 and 2010, were held, as authorized by ...
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RT
CSKA MOSCOW brings back Kirilenko
Euroleague
Kirilenko started his pro career in Spartak St. Petersburg at age 16 and took CSKAMoscow offer a year after. He spent two years in the army team, he was chosen in the first round of NBA draft and signed his first contract with the Utah Jazz in 2001. ...
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Euroleague
Photo Series Draws Attention to Political Prisoners
The Moscow Times
By Sergey Chernov St. Petersburg — Vladimir Telegin, a local photographer best known for his black-and-white photographs of art group Voina, and Maxim Gromov, founder of the rights group Prisoners Union, have come up with a new series of photographs ...
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Drinking: Effort to re-engineer drinking habits
Financial Times
An exception to that rule is Russian vodka, historically the nation's favourite tipple. However, vodka is beginning to lose ground to wine as middle class Russians travel abroad and foreign vintners, already well represented in Moscow and St Petersburg ...
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One actor theater
RT
The festival is being held in Moscow for the fourth time, and will feature works fromGreeceSloveniaFranceItalyUkraineLithuania and Russia. The Greek premiere is a highlight of the festival. Produced at the Attis Theater and the brainchild of ...
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RT
International Trade Administration Announces Trade Mission to Russia for US ...
AftermarketNews.com (AMN)
By aftermarketNews staff A senior US Commerce Department official will lead a diverse cross-section of companies selling goods and services in the automotive sector to Moscow, St. Petersburg andSamara, Russiaon April 23-28, 2012. ...
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Ford's Russian JV Begins Operations
Ward's Auto (subscription)
Ford Sollers is headquartered in Khimki, near Moscow. The JV includes Ford's Focus/Mondeo assembly plant in Vsevolozhsk, near St. Petersburg, as well as two Sollers factories in Naberezhnye Chelny and Elabuga in the Republic of Tatarstan. ...
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Ward's Auto (subscription)
Real Steel to Pack a Punch in IMAX October 7
MarketWatch (press release)
... Mega Belaya Dacha* Moscow -- Formula Kino IMAX Sapphire* Moscow -- Karo October Cinema IMAX* Novosibirsk -- Cinema Park Royal Park IMAX* Perm -- Kristall IMAX* Saratov -- Cinema Park Triumph Mall IMAX* St. Petersburg -- Coca-Cola IMAX Kinostar City ...
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Madonna's Upscale Gym a Hit in Mexico City; More Gyms to Open in Russia
Christian Post
Membership at Hard Candy costs $827 to join and $159 per month after the first two months. Two new locations are expected to open in Moscow and St. Petersburg. Be the first of thousands of iPosters by sharing your news, views, and analysis.
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Erste Group Bank AG : 03.10.2011 - CEE Real Estate stocks with upside ...
4-traders (press release)
The annual prime yield compression continued in 2Q11, with the cities of Moscow, St. Petersburg, Bucharest and Kiev showing the strongest decline in CEE. Investment volumes in the CEE property investment market reached EUR 6.9bn by mid-August 2011, ...
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Pavlovsk Palace - City Realty Russia | Russian News and Stories
For 2 years now, I organise all my trips in Moscow with booking of an appartment from ... City Realty has been assisting our clients buy Saint Petersburg Russia ...
www.cityrealtyrussia.com/blog/2011/09/30/pavlovsk_palace
The concessionaire started to build a highway ... - Russian Auto News
"North-West Concession Company" has received approval from the Federal Road Agency for the construction of high-speed highway Moscow - St. Petersburg.
www.russia-autoshow.com/.../the-concessionaire-started-to-bui...
Express to Russia | Boomfest Comic Arts Festival
Book your Moscow hotel with Express to Russia and receive not only the lowest prices for hotels inMoscow available on the internet but free Russian visa invitations for each ... Moscow - St.Petersburg Cruises ... Russian News and Stories ...
www.expresstorussia.com/blog/.../boomfest_comic_arts_festiv...
Russian internet users double [newKerala.com News # 73960]
The growth was mainly due to users from Russian regions, while the share of users from Russia'stwo largest cities - Moscow and St. Petersburg - fell from 51 ...
www.newkerala.com/news/2011/worldnews-73960.html

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HARRY ELEKTRON Free Music MP3s, Music Videos, Oct 04, 2011


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MUSIC, Singers, Concerts News, Oct 04, 2011

Myspace plays up music as it woos advertisers
Los Angeles Times
Myspace's rejuvenation will hinge on streamlining and simplifying the site and promoting its key asset: an extensive trove of music and videos from major-label and independent artists, its CEO says. Tim Vanderhook, left -- who founded Specific Media...
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CHINA Economy News, Oct 04, 2011

Congress taking aim at China over currency valuation
Washington Post
By Steven Mufson, Every six months, the Treasury issues a report declaring that China's currency is undervalued, draining dollars and jobs out of the US economy. And every six months, the Treasury defers action, saying the Beijing government is not ...
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FINANCIAL News, Money, Banks, Economic and Financial Crisis, Oct 04, 2011


Debt crisis: as it happened - October 3, 2011
Telegraph.co.uk
23.16 Meanwhile, EU Economic and Monetary Affairs Commissioner Olli Rehn has said the eurozone has reached an accord in Greek collateral. 23.12 Jean-Claude Juncker, head of the Eurogroup meeting of eurozone finance ministers, has rejected all ...
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Telegraph.co.uk
US markets hit year-low, as Greece is warned it will have no more concessions
Telegraph.co.uk
US stocks sank to a one-year low as fears rose that Greece's worsening financialwoes and a likely default were triggering a second global banking crisis. By Bruno Waterfield, in Luxembourg Shares in Bank of America, Citi and Morgan Stanley fell to...
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Telegraph.co.uk
Smart money is split on Bank of America
CBS News
Bank of America Corp.'s stock plunged 44 percent in the third quarter. On Monday it sank another 9 percent to $5.53, a level not seen since the financial crisis in March 2009. There has been customer backlash over a recently-announced $5 fee on debit ...
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Analysis - For markets, euro zone QE no longer unthinkable
Reuters
Even at the height of 2008's financial turmoil, the closest the bank went to so-called quantitative easing was the purchase of relatively obscure covered bonds and it has sterilised all of its other liquidity measures to prevent any impact on inflation ...
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Reuters
Hedge funds profit from quick bets in Europe
Reuters
NEW YORK - Stocks slumped in heavy volume to a 13-month low on Monday as investors dumped bank shares on fears that Greece's worsening financial crisis could cause a large European lender to fail. | Video WASHINGTON - President Barack Obama's ...
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Reuters
Debt Spreading Equally Across Entire World
Memphis Daily News
The good news is that the EFSF reduces the systematic financial threat level in Europe. The facility, once operational, will borrow money on Germany's credit rating and give it to Greece so that they may make interest payments to French banks. ...
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Former Obama Adviser Euro Crisis 'Could Become a Global Conflagration'
Spiegel Online
SPIEGEL: But that doesn't protect the US economy from renewed difficulties. Goolsbee: Certainly people in Washington are very concerned about what is going on in Europe. If the crisis there devolved into banks failing and a run on financial ...
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Spiegel Online
Letter from Europe: Golden leaves and financial crises - Eurozone Autumn, 2011
ABC Online
This is Wolfgang Schäuble, German finance minister, on September 24 at the IMF'sWashington meeting, referring back to the "settlement" – just two months earlier – decided at the "definitive" European Council summit on July 21. ...
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ABC Online
Danish FSA Tells Banks Not to Rely on Crisis Liquidity Aid
BusinessWeek
By Frances Schwartzkopff Oct. 3 (Bloomberg) -- Denmark's financial regulator warned the country'sbanks against relying on a $72 billion liquidity lifeline offered by the central bank and urged lenders to do more to ensure stable funding. ...
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South Korean bank chief's suicide sheds light on crisis
BBC News
But if the proper regulation and good business practices were lacking in Korea's savings banks, what about the rest of its financial industry? And what about the impact of the suspensions on the wider economy? Dr Jeong says commercial banksare ...
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BBC News
Taiwan Bonds Rally, Currency Drops on Europe's Debt Crisis
Bloomberg
By Andrea Wong - Tue Oct 04 02:10:28 GMT 2011 Taiwan's government bonds rallied and the local dollar sank to a 10-month low as European finance chiefs failed to resolve differences over how best to contain a regional debt crisis. ...
See all stories on this topic »'Sukuk market proved resilient in the face of the crisis'
Arab News
FranceGermanyJapanSingapore and South Korea are other countries where the governments are taking active steps to promote Islamic banking and finance, while Hong Kong aims to become the Islamic finance gateway to China. Looking at the prospects of ...
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European democracy in the balance
BBC News
The German finance minister has made it clear that more taxpayer's money will not be forthcoming. So have the polls. And the papers have echoed this. The Frankfurter Allgemeine Zeitung said the vote gave "no carte blanche for a rescue orgy". ...
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BBC News
Tax havens: G20 has failed to crack down, says campaign group
The Guardian
"Despite promising to close down tax havens, the G20 has not dealt with the extent to which secrecy jurisdictions now permeate the financial world and have been the catalyst for financial crises by attracting huge sums of destabilising capital into ...
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The Guardian
Chancellor by-passes banks to 'ease' business credit
Telegraph.co.uk
However the Government could deploy public to buy corporate bonds either directly through the Treasury or via the Bank of England's asset purchase facility. This facility was set up in 2009 during the apex of the financial crisis but has hardly been ...
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Telegraph.co.uk
BofA Falls Below $6 as Banks Slide Amid European-Debt Worry
BusinessWeek
Bank of America needed a $45 billion injection of taxpayer money to bolster its finances during thefinancial crisis. The bailout has since been repaid. Moody's didn't rule out the idea that the government might help a struggling bank, ...
See all stories on this topic »Emerging Equity Bears Turn Bullish
Bloomberg
Emerging-market stocks trailed advanced-nation shares during times of financial stress that sparked global losses in the past two decades including Latin America's so-called Tequila Crisis in 1994 after a devaluation of the Mexican peso, Russia's 1998 ...
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China's piggy bank must trade dollars
Sydney Morning Herald
Indeed, the magnitude of the losses will be on par with that of the Asian financial crisis, if not higher. While China's government should make greater efforts to rebalance the economy by conventional measures, it also should focus more attention on ...
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Sydney Morning Herald
Greek gloom rocks markets, troubles lenders
Reuters
Economic and Monetary Affairs Commissioner Olli Rehn said Europe faced a triple challenge of "stalling growth, stressed sovereigns and still vulnerable banks". Ministers would review options to enhance the financial firepower of the rescue fund, ...
See all stories on this topic »European Stocks Decline for Third Day on Crisis
Bloomberg
Finance ministers considered reshaping a July deal that foresaw investors contributing 50 billion euros ($66 billion) to a 159 billion-euro rescue. That private sector involvement, or PSI, includes debt exchanges and rollovers. ...
See all stories on this topic »China's Fall, Not Its Rise, Is the Real Threat to the Global Economy: View
Bloomberg
In Europe, leaders must move quickly to solve a deepening debt crisis and deal with insolvent banks. In the US, they need to take radical measures, including pumping more federal stimulus money into a stalled economy and providing debt relief to ...
See all stories on this topic »Rising debt weighing on economy
The Korea Herald
Based on data collected from the Finance Ministry and the Bank of Korea, he estimated that Korea's three major economic entities – the public sector, households and corporations – have accumulated a whopping 3283 trillion won in financial debt, ...
See all stories on this topic »Congress probes the Federal Reserve's controversial lending policies
Gant Daily
Until now, lawmakers blamed the financial crisis largely on big banks that granted easy credit and bad loans to people who never should have received them. When the borrowers stopped paying, thebanks collapsed, taking much of the US economy along with ...
See all stories on this topic »Norway Struggles to Cool Economy as Rebound Proves Too Strong
BusinessWeek
Norway is trying to slow its economy and shield industry from excessive krone gains while Europe struggles to contain a debt crisis. The government and central bank need to prevent what Norway'sfinancial regulator has warned may develop into a ...
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Europe Must Fight Back Against US-UK Speculative Attacks
Center for Research on Globalization
These banks serve no constructive social or economic purpose. They must be subjected to bankruptcy proceedings, and their derivatives wiped out. 1% Euro-Tobin on All Financial Transactions — European leaders must ignore the hysterical opposition and ...
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Center for Research on Globalization
'Boomerang': Surveying the wreckage of financial disaster
msnbc.com
The financial crisis of 2008 was suspended only because investors believed that governments could borrow whatever they needed to rescue their banks. What happened when the governments themselves ceased to be credible? Amanda Knox, the 24-year-old ...
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msnbc.com

Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchAlexander Dictionary of English Idioms: English-SwedishUnder the SunStealing Jake
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