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Russia’s government is split over charging the central bank to support the economy as part of efforts to revive growth, leaving President Vladimir Putin to decide, according to an official familiar with the proposals.
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Diageo Plc, the world’s largest distiller of alcoholic beverages, said it’s seeking common ground with the Turkish government after lawmakers submitted a bill to restrict alcohol sales in the country.
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Russian authorities are expelling a U.S. official they accused of being a CIA officer who offered a member of the special services in Moscow as much as $1 million a year for information.
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Russian authorities are expelling a U.S. official they accused of being a CIA officer who offered a member of the special services in Moscow as much as $1 million a year for information.
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Russian stocks advanced to the highest in almost six weeks boosted by state-run OAO Gazprom and OAO Rosneft after the government was said to plan an increase in dividend payments.
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Russia’s government will have to pick between adding revenue and bolstering plans to make Moscow a global financial hub as it debates a tax on Eurobond coupon payments, according to Deputy Finance Minister Sergei Shatalov.
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President Vladimir Putin’s crackdown on corruption is vital to Russia’s future. It’s also certain to fail unless he recognizes the shortcomings of his methods.
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President Vladimir Putin rejected calls for fiscal stimulus, limiting Prime Minister Dmitry Medvedev’s options as he races to meet a deadline for submitting a plan to revitalize Russia’s economy.
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Lithuania asked OAO Gazprom to reduce natural-gas prices as the Baltic nation works to reduce its dependence on the Russian supplier.
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During the Cold War, scientists working at the laboratories of the Massachusetts Institute of Technology produced ideas and inventions, such as distant early- warning radar and satellite-tracking systems, designed to help the U.S. prevail over the Soviet Union.
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