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Moscow's mayor criticized the Russian government's economic policies amid the financial crisis and called for a bigger state role in the economy in an interview published by a business daily on Tuesday. "The monetary policy pursued by our authorities is one of the key reasons behind the serious consequences experienced by the real economic sector at the moment," Yury Luzhkov told Kommersant. Luzhkov said, as quoted by the daily, that Russia with its huge gold and currency reserves ...

A Russian businessman currently in custody pending trial published on Monday an open letter to President Dmitry Medvedev claiming investigators were pressuring him to testify against his business partner. Vladimir Nekrasov, who owns the Arbat Prestige cosmetics chain, was arrested in Moscow last January on tax evasion charges along with Sergei Shnaider, an alleged mafia boss also known as Semyon Mogilevich. Nekrasov wrote that the prison chief and the investigator in charge of his case told ...