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Archive from 6/26/10

Why is the US and France being nice to Russia?

TIME Magazine

This week, President Obama and Nicolas Sarkozy met with Russian President Medvedev. If there's any doubt cooperation now prevails, just ask one of the many Western CEOs lined up to do business with Russia, confident that the climate is right for partnership, but why?…

Ruble promoted to lessen dollar dominance

Business Week

Russia wants the ruble to be one of the world’s reserve currencies as President Dmitry Medvedev renews his push to reduce the dollar’s dominance and make Moscow a global financial hub…

US addressing piracy concerns

Reuters

US business groups hoped Obama's pledge to help Russia join the World Trade Organization soon meant Moscow will finally honor promises it made to crack down on piracy of American goods…

Iran-Russia relations worsening

Voice of America

Russia has voted for tougher UN sanctions on Iran and has frozen a deal to send anti-aircraft missiles to that country…

Stocks drop on revised US GDP growth

Business Week

Russian stocks fell for a fourth day, posting their first weekly decline in five weeks after the US economy expanded more slowly than forecast…