Home > News > CNBC's Yergin: Russia's Vibrant Economy Lures More Western Companies
June 10th, 2007
CNBC's Yergin: Russia's Vibrant Economy Lures More Western Companies
Russia's economy has boomed under President Putin. What changes do you foresee from your discussions with business leaders when there is a change in leadership?
With the perspective, one would say that, from an economic point of view, Putin's program has been directed to stabilization and restoring growth -- and restoring the state. The economic results, as we heard at St. Petersburg, would never have been anticipated by either optimists or pessimists when he came to power. As a prominent American international financial figure put it when we were talking as the conference ended, "No one could have thought in 2000 that this was possible." Putin's two most likely successors each scoped out at the conference the future emphasis from their current portfolios. First Deputy Prime Minister Sergei Ivanov pointed to aviation, shipbuilding, information technology, nanotechnology, space and nuclear power. The Russian government is consolidating those sectors to make them internationally competitive. First Deputy Prime Minister Dmitri Medvedev pointed to the "national projects" for which he's responsible -- spending on human capital, and reconstruction in health, education, housing, agriculture.
'Electronic skin' could improve early breast cancer detection October 29th, 2014
New solar power material converts 90 percent of captured light into heat: SunShot Project aims to make solar cost competitive October 29th, 2014
Tiny carbon nanotube pores make big impact October 29th, 2014
Microrockets fueled by water neutralize chemical and biological warfare agents October 29th, 2014
Iran-Made Respiratory Nano Masks Provided to Hajj Pilgrims October 23rd, 2014
Japanese gold leaf artists worked on a nano-scale: Study demonstrates X-ray fluorescence spectroscopy is a non-destructive way to date artwork July 3rd, 2014
Harry Potter-style invisibility cloaks: A real possibility next Christmas? Forget socks and shaving foam, the big kids of tomorrow want an invisible cloak for Christmas December 19th, 2013
Chicago Awareness Organization First Not-for-Profit to Sponsor Dog Training to Detect Ovarian Cancer Odorants December 12th, 2013