Mikhail Margelov News
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The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund.
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Fund managers are facing a push by European Parliament to limit their bonuses, hours after Britain failed to water down planned EU banker-pay rules that are set to take effect from 2015.
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Brazil, Russia, India, China and South Africa will move toward setting up a development bank during a summit next week to speed up the makeover of the world’s “aging” financial system, a Kremlin envoy said.
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Eni SpA and OAO Gazprom Neft, the oil arm of Russia’s gas export monopoly, resumed production at the Elephant field in Libya about two weeks ago, Mikhail Margelov, the Russian presidential envoy to Africa and the Middle East, told reporters today in St. Petersburg.
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Russian Foreign Minister Sergei Lavrov discusses the outlook for the leadership of the International Monetary Fund.
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Russia wants to mediate between the two sides in Libya’s civil war as it tries to negotiate the exit from power of Colonel Muammar Qaddafi , said Mikhail Margelov, the country’s envoy to the rebel stronghold of Benghazi.
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Libyan leader Muammar Qaddafi may “blow up” the capital Tripoli if rebels seize the city, Mikhail Margelov, Russia’s envoy for negotiating Qaddafi’s departure, told the Izvestiya newspaper.
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Syrian opposition leaders want Russia to be more active in mediating an end to unrest in the Middle Eastern country and to back the ouster of President Bashar al-Assad.
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Libyan leader Muammar Qaddafi will have to receive security guarantees to relinquish his four decades of rule over the North African nation, said Mikhail Margelov, Russia’s envoy for negotiating Qaddafi’s departure.
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Russia’s envoy to Africa, Mikhail Margelov, said he may hold talks with Libyan rebel leader Mustafa Abdel Jalil tomorrow in Tunis, Russia’s state-owned RIA Novosti news service reported.
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