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Investing in Russia

Inside this issue
• The declaration of a state sell-off drew a gasp of approval
• Growth of 4 per cent is good but there is a risk of stagnation
• Russian Railways’ attempts to join the 21st century - -
Content
Putin’s return puts future in doubt
Now that uncertainty over the leadership has been removed, attention has turned to the longer term. Charles Clover reports
FDI: The glass is full one day, empty the next
Charles Clover reports on the ups and downs of a high-risk country
Privatisation: Sell-offs may remain a distant prospect
Catherine Belton on excitement that may have been short-lived
Private equity: Fund hopes pinned on expert names
Courtney Weaver looks at efforts to coax in reluctant groups
Economy: Drivers of growth threaten to peter out
Catherine Belton reports on the need for reform if stagnation is to be avoided
Stock exchange: Merger creates market less prone to squabbling
Rachel Morarjee on efforts to compete with London
Politics: ‘A lesson in unbridled cynicism’
Charles Clover reports on the stitch-up to end all stitch-ups
Transport: Last of Soviet behemoths moves into modern world
Isabel Gorst on plans to move rail infrastructure into the 21st century
Zvooq.ru: A ‘music discovery engine’ with applications elsewhere
Rachel Morarjee talks to operators of an online service
Space: Big effort to make money and stay in orbit
Paul Gould on a sector that is sole provider of flights to International Space Station

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