Source Pravda.Ru

Government and parliament agree on regulation of energy industry

The parliament and the government of Russia have reached a compromise onthe question of the distribution of rights to regulate the electrical power industry between regional and federal authorities. Russian EconomicDevelopment Minister German Gref gave this information to reporters after a meeting with Federation Council Deputy Speaker Valery Goreglyad. According to the minister, some authority in this industry will be transferred to regions of Russia on the condition that the process of making decisions will be strictly controlled by federal agencies, authorized to cancel or revise decisions made by regions. Gref pointed out that this decision applied to the regulation of retail margins for'guaranteeing' suppliers, the fee for transmission of electrical power through grids within a specific region, as well as the fee for heating. Additionally, the minister underlined that regions would appoint officials of the regulating agencies, but the appointments should be approved by the federal government. Goreglyad remarked for his part that it would be possible to recommend that the Duma give the respective bills their first reading on the condition that the trilateral conciliatory commission supports this solution at today's meeting.

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

Presidential candidate Ksenia Sobchak, who was accredited for the press conference by Vladimir Putin from Dozhd (Rain) television channel, asked Putin about competition at the coming election

Putin to Sobchak: We will never let them turn Russia into another Ukraine
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