Today in Russian Business – Aug 6, 2008
Source: http://www.robertamsterdam.com/2008/08/today_in_russian_business_aug_3.htmPosted on Wednesday, August 6th, 2008 | In Emerging Markets, Market Commentary, Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -
Russia’s arms sales are set to reach a new post-Soviet record with weapons exports exceeding $8 billion this year. Mikhail Prokhorov’s Onexim Group has agreed to sell 16% of Norilsk Nickel to Vladimir Potanin’s Interros. The New York Times reports on the biggest mining deal in Russia this year. Wal-Mart, the world’s largest retailer, may bid more than $2 billion for Russian superstore chain Lenta. Foreign managers are now permitted to bypass migration quotas after the migration service relaxed its work permit rules. Russia’s ten largest internet advertisers spent $260 million in the first half of the year.
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Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
Emerging Markets, invest in russia, investing in russia, Market Commentary, Russia, russian stocks
 About Robert Amsterdam (http://www.robertamsterdam.com/)
Robert Amsterdam is a lawyer and an advocate for rule of law. His blog was created to express views which may stimulate debate and discussion on topics of international interest. Robert believes that we live in a world of unchallenged impunity, and he views his blog as merely a small attempt to shine a light on issues he views as important in countries with which he is engaged. He make no apologies or pretense of objectivity - he is merely stating his opinions. |
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