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. Last Updated: 07/27/2016

11/14/2008

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National Projects Under Crisis Watch

The national projects, a state priority during Vladimir Putin’s last years as president that catapulted Dmitry Medvedev into the Kremlin, have taken a back seat since the presidential election and face being sidelined further as the financial crisis sets in.

S&P Refuses to Release Rankings

Blaming the turmoil of the current financial crisis, Standard and Poor's took the unprecedented step Thursday of disclosing only the top 10 names on its annual transparency and disclosure list of Russia's 90 largest publicly traded companies.

Medvedev Trip to U.S. Unlikely to Help Ties

Staff Writers
President Dmitry Medvedev said he will press for reforms to the global financial system at this Saturday’s international crisis summit in Washington, but questions about a possible meeting with U.S. President-elect Barack Obama’s representatives were garnering more attention ahead of his visit.

OGK-2 Looks at Bright Side

Gazprom officials responsible for the state-controlled company’s utilities subsidiaries said Thursday that there was a prospective bright side to the current economic crisis: It may become cheaper to build.

MICEX Falls as Oil Plunges Below $50

Combined Reports
The price of Urals crude fell below $50 per barrel on Thursday for the first time since early 2007, sinking Russian stocks and putting additional pressure on the ruble as the government struggles to balance the budget.

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