Business Watch
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.
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
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”.

