Outspoken Kremlin economic adviser Illarionov quits

Article Abstract:

Andrei Illarionov, economic adviser to Russian President Vladimir Putin, has resigned in protest of growing authoritarianism controlling the economy. The resignation highlights the balance of power controversy between free-market advocates and those that want greater state control. Mr. Illarionov said "The forces of state interventionism have triumphed, Russia is no longer a free country."

Appointments, resignations and dismissals, Government consultants, Politics, Illarionov, Andrei

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BP's Rosneft bid shows need to please in Russia

Article Abstract:

TNK-BP of Russia has lost an auction bid for a nine percent stake in Rosneft also of Russia. TNK-BP offered $7.58 billion for the stake but was outbid by Rosneft itself with a $7.60 billion bid. TNK-BP goes to great lengths to press into the Russian petroleum market.

Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Company investment, Investments, Petroleum industry, Rosneft, Company overview, TNK-BP, Financial report

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St. Petersburg rises anew: Putin uses power of Kremlin to revitalize his hometown; but is it a Potemkin village?

Article Abstract:

Vladimir Putin is trying to raise St. Petersburg to its former glory, with infusions of capital and urban renewal. His critics say that the economic revival is more apparent than real, as poverty and social problems continue, despite his efforts.

Government domestic functions, Administration of Urban Planning and Community and Rural Development, Urban Renewal Programs, Putin, Vladimir, Urban renewal, Saint Petersburg, Russia, Domestic policy

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