RUSSIALINK: “Venediktov quit Ekho board of directors to avoid conflict of interest over radio station’s budget” – Interfax

File Photo of Interview on Ekho Moskvy Radio

MOSCOW. July 30 (Interfax) – Ekho Moskvy editor-in-chief Alexei Venediktov said he quit the radio station’s board of directors over a conflict of interest; the decision to replace him with his deputy Yekaterina Godlina was made and approved by shareholders back in late June. “The decision was due to the fact that a majority of the board of directors supported […]

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Russia’s state banks are rotten

Diverse Paper Currency, Coins, Line Graph

(Business New Europe – – Ben Aris in Moscow – June 29, 2015) Banks epitomise capitalism, but not in Russia. The financial industrial empires of men like JP Morgan, Rockefeller, Rothschild and Harriman are intimately tied up with creating the vibrant no-holds-barred capitalism in the US. In Russia the top five banks are all state-owned and their power comes […]

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