Russian Press at a Glance, Thursday, June 16, 2011


Billionaire Mikhail Prokhorov is expected to be elected leader of the pro-business Right Cause party during a congress at the Moscow Planetarium next week, but he could face some strong opposition first

(Moscow Times)

Shanghai Cooperation Organization member states were unable to agree on the establishment of a joint bank during a summit that ended on Wednesday because both Moscow and Beijing are fighting for financial clout in Central Asia



When corporate leaders from around the globe gather in St. Petersburg on Thursday for the International Economic Forum, they will be treated to a picture of the country as modern and investor-friendly

(Moscow Times)

In a bid to stem a growing brain drain, Belarusian President Alexander Lukashenko has proposed imposing financial sanctions on nationals leaving the country to earn money abroad


Russian oil company TNK-BP gave up plans to set up a trading company due to “high risks” amid low market volatility



Cheating during exams can lead to a reprimand, bad grades or expulsion. But after this month’s high school finals, some of those involved in cheating may face criminal charges

(Moscow Times, Kommersant)

Russia’s lower house of parliament, the State Duma, adopted in the third and final reading a bill on mandatory motor vehicle inspections

(Kommersant, Rossiiskaya Gazeta)

According to an opinion poll, law enforcement agencies, rather than criminals, create problems for businesses


Two thirds of Russian companies plan to raise employee salaries


A high-profile traffic accident in western Moscow that sparked an unauthorized biker protest is being thoroughly investigated, police spokeswoman Yuliya Makartseva said

(Rossiiskaya Gazeta)

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