Today in Russian Business – Oct 20, 2009

Gazprom's plan to build a 400-meter skyscraper in St. Petersburg is reportedly causing a government split , with many ministers stepping up vocal opposition to the tower.  Central Bank First Deputy Chairman Alexei Ulyukayev wants state-controlled companies and banks to limit their foreign borrowing , as fears that lack of funds could drive pre-crash practices that could hamper the road to recovery. It is expected that the 2014 Winter Olympics in Sochi will receive over billion of sponsors

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