Source Pravda.Ru

Statistics Committee posts data on foreign investments

Foreign investments in the Russian economy amounted to $8.4bn in the firsthalf of 2002, gaining 25.2 percent as compared to the corresponding periodof 2001, the State Statistics Committee of Russia reported. Direct foreigninvestments were $1.87bn, which was 25.4 percent less than in the first sixmonths of 2001. Portfolio investments decreased by 16.7 percent to $199m.Other investments reached $6.2bn increasing by 60 percent as compared tothe corresponding figure of 2001. They include $809m in commercial credits(a 4.6-percent growth) and $5.3bn in other credits (a 72-percent growth).In the first half of 2002, foreign investment in Russian industries came to$3.25bn, in trade and restaurants - $3.6bn, communications - $277m,finance, credit, insurance and pension support - $41m, transport - $73m,construction - $34m, wholesale trade of production and technical equipment- $80m, and general business operations for market functioning support -$533m..

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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