Moscow authorities have repaired 24.5 million square meters of roads this year, thus fulfilling the annual plan, Deputy Mayor of the capital for Housing and Public Utilities and Improvement Pyotr Biryukov told journalists on Tuesday. In total, in Moscow in 2011 it was planned to repair 24.5 million square meters of roads with a funding volume of almost 19 billion rubles. "This year we have repaired 24.5 million square meters of roads plus 15.5 million square meters in courtyard areas.

September 27, 2011, 14:30 / Finance S&P could be sued for fake rating US regulators accuse Standard & Poor's of assigning AAA rating to empty mortgage bond issue Mikhail Overchenko Bloomberg The US Securities and Exchange Commission (SEC) has issued a notice of possible civil action against ratings agency Standard & Poor's for assigning a maximum rating to one of its 2007 CDO issues.

The key issue for both old cities and cities being created in new territories is the engineering infrastructure that ensures safety and quality of life. This includes the problem of waste disposal and removal. Unfortunately, Russian cities use the traditional method of waste management: waste removal to nearby territories and the organization of banal landfills. And this significantly affects the parameters of the city both in terms of safety and the threat to the development of new territories.

The Italian and Spanish finance ministries held auctions of bills and government bonds on Tuesday, raising 17.72 billion euros; yields on the securities were higher than in previous auctions, Bloomberg reports. Italy placed 8 billion euros in bills maturing in 182 days. The yield on the securities rose to 3.07% from 2.14% compared to the previous similar auction held on August 26. Demand exceeded supply by 1.74 times, exceeding 1.66 times last month.

The Spanish central bank intends to allocate an additional 5 billion euros to the structure it controls, the Bank Restructuring Fund, to increase the capitalization of the country's financial institutions, The Wall Street Journal reports. The funds will be used to increase the capitalization of the banks CatalunyaCaixa, Unnim and Novacaixagalicia. In exchange, the fund will receive 90% of CatalunyaCaixa shares, from 90% to 100% of Unnim shares and over 80% of Novacaixagalicia shares.

Regions will be allowed their own days off United Russia deputies from Bashkiria and Tatarstan Pavel Krasheninnikov and Oleg Morozov introduced an amendment to the Labor Code allowing regions to introduce additional days off. Earlier, the Supreme Court overturned the law of Bashkiria declaring Eid al-Fitr and Eid al-Adha as days off, which caused indignation among the republic's leadership.

The first event of Vladimir Putin's new presidential term was the resignation of Alexei Kudrin. It was hardly a premeditated first chord. The event was, as often happened before, not an action, but a reaction. The finance minister showed intemperance, the president showed concerted firmness, the prime minister wrote off his friend and comrade.

Former head of the Right Cause party, billionaire Mikhail Prokhorov, links the resignation of Finance Minister Alexei Kudrin with the impending "polarization" of the ruling elites, which will be accompanied by the emergence of new ideologies and development concepts. "Yesterday's resignation of Finance Minister Alexei Kudrin brings to the surface, among other things, one very interesting question...

It’s easy to get pleasure from work; the rule LMN (Love-Can-Need) has not been canceled. If all three conditions are met in relation to your work, your satisfaction will be 100%. If one factor drops out of this triangle, the work becomes indifferent; if 2, it becomes repulsive. On the other hand, there is another triangle that describes external factors and the desire to go to work: KKK - compensation, company, team.

The main intrigue of the current political season has died. However, questions about the future of the political system still remain. It is highly doubtful that the government will use this structure for almost 24 years. The disappointment of the conventional Medvedev camp is not really very clear. It is not even that Putin with all his behavior indicated obvious presidential ambitions. But that their calculation was based on Putin's disappearance from the political scene.

September 27, 2011, 15:20 / Finance The Russian market has not yet responded to Kudrin’s resignation For investors, the situation on foreign exchanges and the debt crisis in Europe is more important for now, traders explain, but in the longer term, the resignation of the minister could add negativity Ksenia Bobkova M. Stulov The Russian market has not yet responded to yesterday's resignation of Finance Minister Alexei Kudrin. Trading is proceeding with an increase in all indicators.

While Alexei Kudrin was preparing for an unpleasant conversation with the president and a possible resignation (see articles on page 01), his former colleague in the economic wing of the government, and now president of Sberbank, German Gref, spoke at the Russian-Singaporean Business Forum.

On Tuesday, police detained 20 people who were trying to stage an unauthorized protest on Triumfalnaya Square under the slogan "Elections without opposition are a crime." The detainees were taken to police stations, where administrative violation reports are being drawn up against them. The organizers of the protest promise to hold similar protests weekly until the elections on December 4.

The European Commission is pushing for tougher requirements for audit firms to restore confidence in financial reporting. Its proposals, which have already been supported by the European Commissioner for Internal Markets Michel Barnier, will hit the "big four" audit firms - Deloitte, PwC, Ernst & Young and KPMG, the Financial Times reports.

The price of gold is increasing against the backdrop of a correction after a significant drop in quotations for three trading sessions in a row, and prices for the precious metal are also supported by ongoing concerns about a Greek default, exchange data show. During trading in New York on the Comex exchange at 13.33 Moscow time, December gold futures rose in price by 4.7% to $1,671 per troy ounce.