Today in Russian Business – Sept 10, 2008
Source: http://www.robertamsterdam.com/2008/09/today_in_russian_business_sept_7.htmPosted on Wednesday, September 10th, 2008 | In Russia
Contributed by: Robert Amsterdam (http://www.robertamsterdam.com/) -
The exodus of an estimated $20 billion worth of foreign capital is forcing Russian banks to cut down on lending. “Russia is open for business,” says the Kremlin’s Chief Economic Aide. There may be worries about the EU’s energy dependence on Russia, but look at the volume of commodities traveling the other way. Prime Minister Vladimir Putin wants Russia to step up production levels in the aircraft manufacturing industry. Russia’s S7 Airline is seeking a partnership with Austrian Airlines. Analysts see government officials’ plans to transform Russia into the world’s leading grain exporter within five years as realistic.
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Tags for this Post:
Austrian Airlines, energy dependence, European Union, Russia, Russia, S7 Airline, USD, vladimir putin
Austrian Airlines, energy dependence, European Union, Russia, Russia, S7 Airline, USD, vladimir putin
 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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