The World Bank believes it is necessary to create a system of crediting small and medium-sized businesses in Russia, Julian Schweitzer, the World Bank Country Director for Russia, declared at the conference "Business Services in Russia of the 21st Century - the Investment Russia" today. According to him, small and medium-sized businesses are the source of innovations and a necessary element in the further development of the Russian economy. However, at present large banks are not interested in financing small and medium-sized businesses, while small banks do not have enough capital to credit them, Schweitzer pointed out.
He noted that a financial sector, which would be friendly to small and medium-sized businesses, should be created in Russia. The World Bank will be working in this direction over the next two years, he stressed.
Not that long ago, American soldiers would train their skills to counter insurgent and partisan military organizations. These days, they are trained to show resistance to the regular army of a potential adversary