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Southeast of Finland wants more Russian immigrants | Foreign currency exchange rates to the ruble as fixed by the Central Bank of Russia for May 25 | Foreign investors seek more clarity in the rules of doing business in Russia. |
Cars and lorries with Russian number plates abound in Kotka, in the eastern part of Finland’s south coast. Many stores now have signs in Russian to attract increasing numbers of cross-border shoppers, as well as a growing population of Russian immigrants. On the front yard of a building, a mother - or perhaps a nanny - comforts a crying child in Russian. Russians are becoming more accepted by local residents. It is said that the "Russophobia border", which used to run between Lappeenranta and Ko... | (RIA Novosti) - The following rates of exchange of foreign currencies to the ruble of the Russian Federation have been fixed for the purposes of accounting and customs duty payments from May 25, 2006: 1 Australian dollar - 20.3247 rubles 1,000 Belarusian rubles - 12.6004 rubles 10 Danish krones - 46.3251 rubles 1 US dollar - 27.0168 rubles 1 euro - 34.5815 rubles 100 Icelandic krones - 37.2337 rubles 100 Kazakh tenges - 22.0725 rubles 1 Canadian dollar - 24.0406 rubles 10 Chine... | (The Moscow times) The government should act to create clearer rules for business and tackle widespread corruption if Russia is to make the most of the current favorable economic conditions, foreign investors said Wednesday at an American Chamber of Commerce conference. Despite enjoying a seventh consecutive year of economic growth on the back of booming oil prices, the country is underperforming in attracting foreign investment, participants said. Unless active steps are taken to diversify the... |
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