In Russia the relations between the state and businesses should be shaped so that the word "oligarch" is excluded from the vocabulary of the population, Chairman of the Russian Audit Chamber Sergei Stepashin said to the All-Russian conference, "The Role and Place of Audit Institutions in the Russian Economy" in Tyumen, Siberia.
"The 'oligarchs' often use their large profits for improper purposes," the chairman said.
"For a long time, society has debated who should profit from the exploitation of natural resources and how natural resources should be used," he said.
According to UNESCO, the cost of natural resources in Russia is $160,000 per capita - 10 times higher than in Europe, the USA and Canada. Many Russian citizens live below the poverty line, although international experience shows that natural rent is the main source of national wealth for countries that are rich in natural resources, Stepashin said.
Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems
Russia is to start supplying S-300 air defence systems to Syria in the near future. The shipments will be conducted free of charge