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Moscow has shown the most progress on globalization among the world’s 66 most prominent cities since 2010, according to a new Global Cities Index survey released this week.

The Russian capital rose six places in the ranks to 19th slot on the list, which is topped by New York, said the survey, organized by A.T. Kearney management consulting firm and The Chicago Council on Global Affairs.

The multifaceted survey evaluates cities based on their business activity, human capital, information exchange, cultural experience and political engagement factors, said the report, which came out on Monday.

Moscow ranked 19th in the first edition of the biannual rating in 2008, but lost ground in 2010. The survey put it into a group of cities most likely to keep their current positioning in coming years, along with Manila, Kuala Lumpur and Rio de Janeiro.

London, Paris, Tokyo and Hong Kong occupied top slots in the rating, but they risk giving up their positions to Chinese cities including Beijing and Shanghai, now 14th and 21st respectively, the survey said.

The second day of plenary discussions at The Russia Forum 2012 was launched by Moscow Mayor Sergey Sobyanin. He was introduced by Ruben Vardanian, Chairman of the Board of Directors of Troika Dialog, who reminded the audience that in his first year as head of the Russian capital, Mr Sobyanin has already initiated several reforms to transform Moscow into a modern metropolis which is comfortable to live and do business in and a place that is appealing to both Russians and foreigners.

Despite the death of Moldovan man by a Russian peacekeeper at the border on January 1st, the past few months have brought signs of warming relations between Moldova and its largely unrecognized breakaway region, Transnistria. After 6 years of hiatus in the 5+2 format negotiations, Ukraine, Russia, the OSCE, the EU, and the U.S. once again formally met with Moldova and Transnistria in November of 2011. The effort was spearheaded byLithuania, the country holding the OSCE chairmanship. More recently, the Moldovan Prime Minister Vlad Filat and Transnistrian newly elected... For Complete article go to http://www.diplonews.com/articles/2012/20120203_Transnistria.php

After a brief introduction by Troika Dialogue chairman Ruben Vardanian, Moscow Mayor Sergey Sobyanin began his speech to the Russia Forum 2012 in Moscow by comparing the mood at the recent Davos conference with that in Moscow. He surmised that the mood in the Russian capital was much more optimistic and positive. Moscow has fought and overcome the 2008 crisis. Unemployment is just 1%, investment is growing at a healthy pace, average life expectancy has risen to 75, and the birth rate now exceeds the mortality rate. However, the ill effects of the European crisis are being felt in many sectors, especially the financial sector. The development strategy for Moscow is aimed at transforming the city into a global megapolis and a regional development center.

 


Leaders in government, regional authorities, domestic and international business elite, policy and nongovernmental organizations are gathering on the 9th and 10th of November 2011 in Moscow for International Forum “RUSSIAN REGIONS: Investment appeal and development strategies”. The Forum has instantly won confidence and reputation of premier event among companies and state bodies interested in further strengthening the mutually beneficial cooperation and investments in the dynamic economy of Russian regions.

By John Bonar

Alexander Fedotov, General Director of the Sakha Republic’s (Yakutia) Republic Investment Company (RIC) told a meeting at the London Stock Exchange at the end of September, and repeated it to over 100 businessmen in the Royal Society of Chemistry, that “Investing in Yakutia will let you participate in the economic growth of the Asia-Pacific Ocean, and first of all China”.

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