President Barak Obama will personally join Chicago's bid to host the 2016 Olympics by going to Copenhagen, where the fate of the next Olympics will be decided.
Russian authorities believe the process for developing the country’s financial system must be changed, Prime Minister Vladimir Putin told a forum organized by VTB Capital yesterday.
Russia’s currency will be floated, but there will be no sharp devaluations.
Yesterday, the presidential residence Bocharov Ruchei in Sochi had open doors. At first, Prime Minister Vladimir Putin visited President Dmitry Medvedev. The chief executives discussed the domestic conditions, took a walk along the shore and played a set of badminton (with the active participation of Medvedev’s Retriever Aldo).
Vladimir and Lyudmila Putin attended a Larisa Dolina concert yesterday at the Festivalny concert hall.
We had a hunch that the Ostrovok (Islet) cafe would become the most popular place in Sochi overnight. After all, it just recently served two rather high-profile guests: the President and the Prime Minister. No doubt, we thought, it's probably impossible to even get a table there now without making reservations...
Yesterday, Prime Minister Vladimir Putin visited the Bocharov Ruchei residence in the first half of the day. Like President Dmitry Medvedev, he was in Sochi this week.
US, EU, and Georgia unhappy with Prime Minister Vladimir Putin’s visit to Abkhazia.
Economy-class housing should not cost more than 30,000 roubles per square metre, Prime Minister Vladimir Putin believes.
The preparations for a forecast of Russia’s economic development until 2030 have been postponed for a year.
The government has decided not to push forward the preparation of a forecast of Russia’s social and economic development until 2030. Initially, it was to be made public by August 1, 2009, but the Ministry of Economic Development was given a respite until November 2010. Analysts think this is a reasonable decision: even a one-year plan is difficult during the crisis, much less long-term planning.
The government has made its decision about the 2010 budget which, according to Prime Minister Vladimir Putin’s promises, is to be “socially-oriented.”
Environmentalists protest against the construction of the Adler-Krasnaya Polyana road.
Over 40% of the population will be able to afford housing made cheaper by command.
Parallels between economic processes in Russia and Nigeria as two major oil producers have become somewhat common in the media prompting one to make a search for them and to try to understand whether they really exist. Surely, there are differences between the two countries, but there are similarities as well.
At the beginning of August Vladimir Putin set the bonuses for all Russian athletes who win medals at World and European championships in Olympic sports. The estimated reward for a gold medal at a world championship is $7,000, a silver medal at $3,500, and a bronze medal at $2,100. A gold medal at a European championship is worth $3,500, silver $1,750 and bronze $1,005. This averages out as $4,200 for world medals and $2,100 for European ones. So it seems that, for the Prime Minister, the world is twice as important as Europe. It is not known what he based this decision on. However if we were to compare Europe and the world by a variety of indicators we would not get a ratio of 1:2. So, the value of a European medal could have been different, especially if we were to take the value of a world medal as a constant.
On Friday, Dmitry Medvedev met with German Chancellor Angela Merkel. The two leaders had a productive discussion and expressed support for the idea of a global economic charter. They also discussed the potential take-over of Opel by the consortium of Russian Sberbank and Canadian Magna Corporation.
Economy-class housing should not cost more than 30,000 roubles per square metre. By saying this at a conference on national projects in Sochi, Prime Minister Vladimir Putin has “put a new target” for government officials. The government is even ready to scrape the bottom of the barrel and provide additional funds for this purpose. There will be no economising on Russians’ health either.
The cost of economy-class housing should not exceed 30,000 roubles per square metre, said Russian Prime Minister Vladimir Putin. The government is willing to buy out apartments from construction companies at this price.
Intensive guesswork about who would be the next president, strange reshuffling of personnel and big political shows – this is how we will remember the year 2007. An abrupt change of pattern in the political kaleidoscope prevented many from believing Vladimir Putin’s final decision to become the Prime Minister under President Dmitry Medvedev.
Not so long ago Prime Minister Vladimir Putin made the heads of leading banks a promise that they would not go on leave: “Until you bring the total credit portfolio to half a billion roubles, don’t even think about a holiday.” The bankers seem to be anxious to go to the seaside. The head of VTB, Andrei Kostin, rushed to Sochi yesterday to personally report to the Prime Minister on his progress. After hearing the report, Mr Putin told him to take a rest – for a week.