Medvedev orders Russian government to prepare for National Wealth Fund investments
Posted by Editor on June 17, 2008 at 07:16 AM
Itar-Tass reports that, “Russian President Dmitry Medvedev instructed the government to draft a package of regulatory documents that define a mechanism of investments from the National Welfare Fund [also known as the “National Wealth Fund”] by October 1, 2008.”
Shock and ore: state raids shift up a gear
Posted by Editor on February 03, 2008 at 07:39 AM
Ruth Sutherland writes in the Observer that, “As Chinalco’s brokers were out mopping up Rio stock, Dmitri Medvedev, heir apparent to Vladimir Putin, made it clear that he, too wants to buy into foreign companies. Medvedev also happens to be chairman of Gazprom, the Kremlin-run energy giant which in the past has looked over Centrica.”