The Russian delegation experts said, "Fuel and energy supply, including that in the Caspian Sea in reference to the summit, will be the second subject of discussion during the upcoming meeting between Medvedev and Aliyev" "One can suppose that matters relating to routes for the transportation of energy resources from Caspian deposits may be also touched upon," he said. "It is not ruled out that the Nabucco theme (construction of the pipeline) may be raised as well," the expert added. First time in Russian history presidential envoy in federal district has led intergovernmental commission Baku, Fineko/abc.az. By a relevant decree Russian prime minister Vladimir Putin replaced the chairman and secretary of the Russian part of the Azerbaijani-Russian Intergovernmental Commission for Economic Cooperation. A source in the government of Azerbaijan informs that Russian PM Decree #1977p from 12 November 2010 appointed Alexander Khloponin, deputy prime minister and plenipotentiary representative of the Russian President in the North Caucasus federal district, the chairman of the Commission’s Russian part. He was succeeded by energy minister Sergey Shmatko. "The secretary of the Russian part of the Commission was replaced in parallel. The Azerbaijani side was informed in advance about the impending decision. Currently we expect from Russia, as the host country, the notification of the date of Commission’s next meeting and its agenda," the source said. Previously, Commission’s meeting was scheduled for November 2010. The Russian government’s new decision creates a technical conflict: never before the Commission has been headed by an authorized representative of the President in the federal district. Besides, the co-chairman and the secretary of the Commission are geographically remote: Khloponin bases himself in Pyatigorsk and the Commission’s secretary in Moscow. 16th Indo-Russian Inter-Governmental Commission meeting begins today 2010-11-18 11:50:00
Military District; Colonel Alexander N. Nesterenko, chief engineer troops of the Siberian military district; Col. Boris A. Ovsyannikov, head of the rocket and artillery of the Moscow Military District; Colonel Paul Polikarpovich Ovchinnikov, head of logistics - deputy commander of airborne troops in the rear. 3. Release from his post and dismissed from military service: Major-General Vadim Odrinsko, deputy commander of the North Caucasus Military District; Major-General TamahinViktor Nikolaevich, Chief of the troops of radiation, chemical and biological protection of the Volga-Urals Military District. 4. To dismiss from military service, Lt. Gen. Antonov Sergei Ivanovich. November 18, 2010, 10:00 phonetically Communists call for banning relatives from working in govt 18.11.2010, 01.25 MOSCOW, November 18 (Itar-Tass) - The Communists at the State Duma lower house of the Russian parliament have brought forward a bill banning relatives from working in the government. "The Russian government is in the forefront of combating corruption. It should not be formed upon the principle of kinship, nepotism, personal loyalty or belonging to same home area," the author of the initiative, deputy chairman of the committee on constitutional legislation Viktor Ilyukhin told Itar-Tass on Wednesday. In his opinion, professionalism, honesty and impartiality must be the main criteria for Cabinet ministers. Ilyukhin called the proposed measure "pre-emptive." The bill is foremost aimed at ensuring unbiased decisions on the issues of the state," he said. Russia $4.5 Bln World Cup Bid Is Most Expensive, Kommersant Says By Maria Kolesnikova
The Micex index’s valuation discount of about 42 percent to the of global shares compares with a 24 percent average gap since January 2006, according to price- earnings ratios compiled by Bloomberg. Thornburg owns shares of Sberbank because of “massive” consumer that make its funding stable and the potential for better-than-estimated loan growth, Kaufman said. Sberbank’s deposits amount to 77 percent of assets, compared with the 55 percent average for global peers, according to data compiled by Bloomberg. The lender’s earnings will probably surge 87 percent next year, four times the average gain for emerging- market financial companies, analysts’ estimates compiled by Bloomberg show. Magnit , the Krasnodar-based food retailer, is another Thornburg holding, Kaufman said. While the stock is more expensive than the Russian equity market at 25 times analysts’ 2011 earnings estimates, it’s cheaper than Beijing-based supermarket operator , which trades at 30 times profit estimates, data compiled by Bloomberg show. Magnit will grow earnings by 91 percent during the next two years, almost double the 51 percent growth projected for Wumart, the data show. shares are poised to rally 34 percent in the next 12 months, according to the average of 10 analysts’ share-price estimates compiled by Bloomberg. The stock has retreated 7.8 percent this year, compared with a 2.3 percent gain for PetroChina. Russia has the cheapest stocks among major developing nations, based on 10-year reported earnings, a valuation measure designed to adjust for economic cycles, , the chief Asia and emerging markets strategist at Morgan Stanley in Hong Kong, wrote in a Nov. 8 report. “It’s probably the cheapest market among global emerging nations,” said ING’s Bakkum, who recommends an “overweight” position in Russia. “A lot people are prepared to buy Russian assets.” To contact the reporter on this story: in London at . To contact the editor responsible for this story: Gavin Serkin at . Last Updated: November 17, 2010 16:00 EST 11:23 18/11/2010