Russia\'s Q1 direct investment down 20 pct to $12.8 bln
Moscow - Ria Novosti
Russia saw first quarter 2011 direct investment slump to $12.825 billion, down 20 percent on the fourth quarter of last year, the central bank\'s balance of payments revealed on Tuesday. Direct investment includes foreign participation in Russian companies, reinvested profit and other capital. From 2010, the regulator has included investment not only in non-banking firms, but also in the banking sector. In the first quarter of 2011, foreign participation in Russian companies amounted to $2.384 billion, reinvested profit stood at $7.744 billion, while other capital amounted to $7.465 billion. In 2010, direct investment in Russia increased 17 percent to $42.9 billion.
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In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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