31
January 2011

In Russia, seeing only repression

The Washington Post

In Moscow Russia has set off on an ever more authoritarian path as it heads toward a presidential election next year, sending ominous signals to the already weakened opposition and confronting the United States and Europe with vexing new political challenges.

President Dmitry Medvedev, who positions himself as Prime Minister Vladmir Putin’s liberal alter ego, repeatedly assures the West that just the opposite is true. At the Davos World Economic Forum this week, he said Russia was fighting corruption, developing rule of law – if slowly – and becoming increasingly democratic. “Russian citizens believe they live in a democratic state,” he said.

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31
January 2011

Medvedev Takes Pass in Davos on Rule of Law

The Moscow Times

President Dmitry Medvedev went to the World Economic Forum in Davos last week to woo global investors to Russia with claims of significant economic improvements on his watch.

He outlined an ambitious 10-step strategy to improve the investment climate in Russia. The laundry list of economic plans unveiled by the president included efforts to privatize dozens of state-owned companies, to create an international financial hub in Moscow and to set up a sovereign fund to reduce investor risks. Medvedev’s strategy is well-intentioned and competently crafted.

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31
January 2011

Interview: Browder Sees ‘Tipping Point’ In Western Attitudes To Russia

Radio Free Europe

Bill Browder’s Hermitage Capital Management fund was the biggest foreign investor in Russia until he was kicked out of the country in 2005.

Once one of the Kremlin’s biggest public supporters, Browder is now spearheading a campaign to enact international sanctions against 60 Russian officials after a lawyer for Hermitage, Sergei Magnitsky, died in prison last year.

Browder spoke to RFE/RL correspondents Irina Lagunina and Gregory Feifer about that campaign and the reasons behind it.

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28
January 2011

DAVOS 2011: Bill Browder challenging Russian Deputy Prime Minister Igor Shuvalov about Corruption in Russia and the Sergei Magnitsky case.

RUSSIA’S attempts to present itself as a modernising force and a good place for business came under sharp attack in Davos after Bill Browder took the deputy prime minister, Igor Shuvalov, to task in a private session.

Russia has taken a leading role at this year’s World Economic Forum, with President Dmitry Medvedev delivering the opening speech and an entire forum given over to “Russia’s Next Steps to Modernisation”.

However, attempts to drum up business interest in the country were dealt a blow by Mr Browder, the founder of Hermitage Capital Management and once the largest foreign investor in Russia. He demanded Mr Shuvalov answer questions about an alleged $230m (£144m) state-orchestrated fraud that led to the death of his investigative lawyer Sergei Magnitsky.

“The President of the country called for an investigation into the people who killed my lawyer,” Mr Browder told a panel chaired by Mr Shuvalov. “One year after the investigation, people who killed the lawyer have been promoted higher by state orders… My question to you, Igor, is what will prevent other investors to have the same experience after my experience in Russia?”.

Mr Shuvalov responded: “We know this case very well… Unfortunately, I don’t know the results of the investigation and the end of the case… The past is always very important, although not always positive, but we need to concentrate on the future.”
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28
January 2011

Russian pundits question Medvedev’s, deputy PM’s investor reassurances at Davos

Ekho Moskvy

Independent radio Ekho Moskvy has asked prominent experts to comment on a speech given by First Deputy Prime Minister Igor Shuvalov at the World Economic Forum in Davos on 27 January. Shuvalov was in particular quizzed about the fate of the Hermitage Capital fund. Shuvalov told William Browder, head of the fund, that attention should be focused on the positive trends in Russia, and that 20 people had been dismissed following the death in custody of Hermitage Capital lawyer Sergey Magnitskiy.

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27
January 2011

Russia attacked over state corruption, death of Sergei Magnitsky

The Daily Telegraph

Russia’s attempts to present itself as a modernising force and a good place for business came under sharp attack in Davos after Bill Browder, the investor waging a campaign against state corruption, took the Deputy Prime Minister to task in a private session.

Russia has taken a leading role at this year’s annual meeting of the World Economic Forum in Davos, with President Dmitry Medvedev delivering the opening speech and an entire forum given over to “Russia’s Next Steps to Modernisation”.

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27
January 2011

Fallen investor spoils Russia show for investors

Reuters News

A former big investor in Russia, who accuses the government of stealing his firms and killing his lawyer, spoiled on Thursday a Russian show in Davos meant to woo investors.

Bill Browder, who had around $4 billion invested in Russia through his Hermitage fund, says he had to flee Russia after accusing officials of corruption and saw some of his firms being stolen from him by Interior Ministry officials. One of his lawyers, Sergei Magnitsky, died in jail last year from what Browder says was torture.

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27
January 2011

New ski resorts — in Russia’s restive Caucasus

Bloomberg / Business Week

The timing couldn’t have been worse. Russia’s government unveils a plan to build five ski resorts in the majestic, largely uncharted slopes of the Northern Caucasus. And asks executives at the World Economic Forum to join in the $15 billion investment.

The problem: The Wednesday night presentation came two days after a bomb blast pummeled the international arrivals terminal of Moscow’s largest airport, killing 35. Suspicions immediately fell on extremists from the Northern Caucasus — including Chechnya, which fought two wars with Moscow over the last 16 years, and the neighboring Russian republic of Dagestan, future home to one of the new resorts.

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25
January 2011

Medvedev to Face Khodorkovsky and Magnitsky in Davos

Moscow Times

President Dmitry Medvedev will arrive late for the 41st annual World Economic Forum in Davos, Switzerland, where he is scheduled to give the Wednesday keynote speech.

The announcement of Medvedev’s delayed departure from Moscow was made on Monday as he dealt with the aftermath of the explosion at Domodedovo Airport — but his trip has not been canceled.

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