Source Pravda.Ru

Russian Economy Integrates Into World Economic And Financial System

About 200 regulatory documents related to Russia's integration into the world economic and financial system have been adopted in Russia or are currently in the works, Russian Economic Development Minister German Gref told the participants in the Fifth Annual Russian Investment Symposium in Boston. In Mr. Gref's opinion, radical optimisation has involved taxation, the protection of intellectual property, protection and extension of investor rights, and system of administrative relations between state bodies and businesses. Major measures have been taken to fight economic corruption and legalisation of criminal income, stimulate small business sector, and bring Russian accounting in line with the international standards. It is this year that the banking sector will start operating in accordance with the Western accountability standards, Mr. Gref stated. According to Mr. Gref, with the adoption of the Land Code, for the first time in 100 years, land will become a commodity. This provides foreign investors with plenty of opportunities. Russia will also lift limitations on foreign involvement in the country's banking.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

Human Rights Day: Let us hang our heads in shame
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