Russia now has more than 100 billionaires, according to the Russian edition of Forbes magazine. Boris Kagarlitsky from the Institute of Globalisation and Social Movements says the increase goes hand-in-hand with growing social inequality.
Moscow is preparing to host talks this June aimed at resolving the crisis in the Middle East. Vyacheslav Matuzov from the Russian-Palestinian Friendship and Cooperation Society, says not all parties to the peace process are ready to give a green light to Russia’s initiative.
Political analyst Dmitry Babich says Italian business supports Berlusconi’s plans to boost ties with Russia. However, Babich says, the EU and sections of the Italian political elite oppose them.
A recent law limiting foreign access to strategic sectors is not meant to put off investors in any way. Communications Minister Leonid Reiman says the new rules won’t affect the telecoms sector at all.