Aug 18. A gradual decline in budget revenue, even taking into account all proposals by MinFin on corporate and individual taxation, will lead to federal budget deficit in 2014 and the need to boost >>> Aug 18. The Russian Finance Ministry is exploring the option of assigning some cash from the National Welfare Fund to VEB for management, >>> Aug 18. Russia's finance ministry plans to invest up to 40% of the National Welfare Fund (NWF) in corporate securities, >>> Aug 18. Minfin proposes cutting the Reserve Fund from 10% of GDP to 6% of GDP starting 2010 >>> Aug 18.The Russian Finance Ministry has proposed adjusting the MET rate for natural gas by CPI effective 2011, >>> Aug 18. The Arbitration Court of the Khanty-Mansiisk Autonomous District on Friday found Norwegian Telenor guilty of USD2.82 bn impairment and ordered the latter to pay RUB 460,000 in litigation ex >>> Aug 18. Severstal is in talks with banks over a USD 1.5 bn loan. >>> Aug 18. Norilsk Nickel has appointed Adrian Coates from HSBC Bank as its main corporate strategy advisor, >>> Aug.18. In global petroleum market news, oil prices hit a 3-month low Friday on a stronger dollar and a bearish OPEC demand report. >>> | 
