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  • Stock Market Tumble Could Be Bad Omen for Russia Friday, 21 Jun 2013 | 2:51 PM ET

    As Russia's stock market tanks to a 12-month low, business leaders are divided on why the market sold off.

  • Russia Must Cut Oil Reliance: Deputy PM   Friday, 21 Jun 2013 | 11:45 AM ET
    Russia Must Cut Oil Reliance: Deputy PM

    Igor Shuvalov, Russia's deputy prime minister, talks about the country's growth prospects, and how the government plans to help small businesses, and decrease its oil dependency.

  • Be Long-Term on Emerging Markets: Pro   Friday, 21 Jun 2013 | 11:30 AM ET
    Be Long-Term on Emerging Markets: Pro

    Slim Feriani, CEO of Advance Emerging Capital, discusses emerging markets and why Russia is the firm's biggest exposure.

  • Global Expansion? We’d Rather Stick With Russia: MTS Friday, 21 Jun 2013 | 10:04 AM ET
    Private mobile WiFi hotspots, which allow wireless devices to connect to the Internet, are restricted. Although use of tablets and smartphones is allowed in the venues, these devices cannot be used as wireless access points. Because London’s wireless system is likely to be strained during major events, has focused on an attempt to reduce overall bandwidth use.

    Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.

  • Why Russia Must Reform Its Energy Sector Friday, 21 Jun 2013 | 8:02 AM ET
    oil barrels

    Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.

  • We're Not Cutting Defense Budget: Russia Deputy PM

    Igor Shuvalov, Russia deputy prime minister, agrees with Kudrin's views that further investments in education and welfare is needed in Russia but disagrees with cutting the defense budget.

  • What Russia Needs to Grow   Friday, 21 Jun 2013 | 5:50 AM ET
    Russia Red Tape No Worse Than Others

    Igor Shuvalov, Russia deputy prime minister, says Russia should invest more in education, welfare and infrastructure and says investor's wariness to invest in Russia is due to a bad image rather than on the real economic climate.

  • Russian Red Tape 'No Worse Than Others'   Friday, 21 Jun 2013 | 5:50 AM ET
    Russian Red Tape No Worse Than Others

    Igor Shuvalov, Russia deputy prime minister, says investors' wariness to invest in Russia is due to a bad perception as the red tape in Russia is no worse than in China or Brazil.

  • First Russian/Arab Fund to Invest in Russia   Friday, 21 Jun 2013 | 3:30 AM ET
     First Russian/Arab Fund to Invest in Russia

    Kirill Dmitriev, CEO of Russian Direct Investment, talks to CNBC about his meeting with President Putin and a new partnership with the sovereign wealth fund of the United Arab Emirates.

  • Does Russia's State Bank Indicate a Market Failure?

    Vladimir Dmitriev, chairman of VEB Russia¿s State Development Bank, discusses the point that a state bank like his represents a market failure.

  • Greece Aid Suspension Talk 'Premature': IMF's Lipton Friday, 21 Jun 2013 | 2:49 AM ET

    Talk of a suspension of bailout money to struggling euro zone country Greece is "premature", according to a senior International Monetary Fund (IMF) official.

  • Sochi Games Are Putin's Baby: CEO   Friday, 21 Jun 2013 | 2:30 AM ET
    Sochi Games Is Putin's Baby: CEO

    Dmitry Chernyshenko, CEO of Sochi 2014, responds to the report that Vladimir Putin was frustrated at the cost and speed of the Sochi 2014 Winter Olympic Games.

  • Recent Russia Slowdown Is Domestic: Economist   Friday, 21 Jun 2013 | 2:20 AM ET
      Recent Russia Slowdown Is Domestic: Economist

    Clemens Grafe, chief economist Russia at Goldman Sachs, tells CNBC that the recent slowdown in Russia is domestic.

  • MTS CEO Looking for New Acquisitions   Friday, 21 Jun 2013 | 1:50 AM ET
    MTS CEO Looking for New Acquisitions

    Andrei Dubovskov, CEO of MTS, tells CNBC that growth in mobile data usage in Russia is helping fuel growth.

  • Greatest Opportunities Are in Growth Markets: CEO

    David Fass, EMEA CEO of Macquarie Group, tells CNBC it's key to have excellent local partners when investing in markets like Russia.

  • VTB's CEO: Capital Is a Worry for All Banks   Friday, 21 Jun 2013 | 1:05 AM ET
    VTB's CEO: Capital Is a Worry for All Banks

    Andrey Kostin, CEO of VTB, tells CNBC that the bank wants to be more resilient and protected from any of the worst fluctuations of the market.

  • Shale Has Been a Revolution: Statoil CEO   Friday, 21 Jun 2013 | 1:00 AM ET
     Shale Has Been a Revolution: Statoil CEO

    Helge Lund, CEO of Statoil, tells CNBC that US shale has been a revolution but people have underestimated the decline in existing oil fields around the world.

  • Rusal CEO: Investors Need to Relax Thursday, 20 Jun 2013 | 12:16 PM ET

    Investors need to calm down and act rationally, Oleg Deripaska, the CEO of the world's largest aluminum company Rusal, said on Thursday.

  • Russian Governance 'Inadequate'   Thursday, 20 Jun 2013 | 11:37 AM ET
    Russian Governance 'Inadequate'

    Alexei Kudrin, former Russian finance minister, says the Russian system of governance is no longer "adequate" for the problem facing the economy.

  • How Russia Can Lower Oil Dependency   Thursday, 20 Jun 2013 | 11:22 AM ET
    How Russia Can Lower Oil Dependency

    Alexei Kudrin, former Russian finance minister, talks about what needs to be done in Russia to attract foreign investments, and reduce the country's dependency on oil and gas exports.