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The Moscow Times was the only newspaper represented at the Russian-American Business Summit, which participated in by Dmitry Medvedev and Barak Obama

On 7 July 2009 The Moscow Times published a special full colour issue of the newspaper, timed to coincide with the visit of Barak Obama to Moscow.

The newspaper was presented at the Russian-American Business Summit, which was organized by the American Chamber of Commerce (AmCham) and the Russian Union of Industrialists and Entrepreneurs (RUIE) at Manezh. The forum drew the participation of more than 700 key representatives of Russian and international business, the political elite and non-governmental organizations.



Friday, July 10, 2009 Updated at 10 July 2009 0:46 Moscow Time.

The Moscow Times » Issue 3242 » Business in Brief

Business in Brief

31 August 2005UnknownFund Rises $21Bln in H1 The stabilization fund rose by almost one-fifth during the first half to reach 617.97 billion rubles ($21 billion) as of July 1 on the back of surging crude prices. At the same time, 523.54 billion rubles were withdrawn from the windfall oil fund during the first six months to pay down foreign debt, including 430.08 billion rubles in June for early payment to the Paris Club of creditors, the government said on its web site. (Bloomberg) Russia 2nd in Weapons Sales NEW YORK -- The value of military weapons sales worldwide last year rose to the highest level since 2000, bolstered by arms deals with developing countries such as India, China and Saudi Arabia, The New York Times reported, citing a new U.S. Congressional study. Russia ranked second with $6.1 billion in arms agreements, or 16.5 percent of all such contracts, trailing only the United States, which had the largest amount of worldwide weapons sales, with $12.4 billion, or 33.5 percent of all contracts last year.

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