Exhibition of Alexander Brodsky at Winzavod With the light hand of Oleg Kulik, Ilya Kabakov’s gloomy term “total installation” gives way to “spatial liturgy”. There is something Orwellian in the total installation, this is a triumph of claustrophobia, a closed little world in which the visitor becomes a trembling creature.

VTB shares hit historical lows In the third quarter, VTB Banking Group recorded a net loss according to international financial reporting standards in the amount of $363 million. The reason for this was a revaluation of the value of securities, as well as an increase in reserves for possible loan losses. VTB Financial Director Nikolai Tsekhomsky did not rule out that the fourth quarter will also be unprofitable.

The Bank of Russia has set the limits for ruble devaluation Chairman of the Bank of Russia Sergei Ignatiev yesterday officially announced the devaluation limit of the ruble to the bi-currency basket. The Central Bank set the upper limit for the value of the basket at 41 rubles, the lower limit at 26 rubles. “The actual cost of the basket may be significantly lower, including below the level reached yesterday - 37.2 rubles,” Mr. Ignatiev announced yesterday.

One of the ways to resolve Iran's nuclear problem could be to enrich uranium for the needs of this republic in foreign countries. Representatives of Russia, France and the United States will discuss this topic with the Iranians on October 19 in Vienna. Moscow has already stated that it agrees to enrich uranium on its territory for the Iranians.

Six candidates for the Russian Booker Prize have been named The chairman of the Booker jury, poet Sergei Gandlevsky, began the report on the work done in a deliberately traditional manner: the long list is even, there is no clear leader, each of the judges has his own preferences...

"People's" jewelry holding was suspected of smuggling FSB officers yesterday conducted massive searches in the Altyn chain of jewelry hypermarkets. Counterintelligence officers, with the support of special forces, visited almost all of the company’s stores in Russia. According to official information, the leaders of Altyn are suspected of smuggling jewelry, and a criminal case has already been initiated against some of them.

Only two companies of Oleg Deripaska were able to settle their debt to Alfa Bank The GAZ Group and its most intransigent creditor Alfa Bank moved from words to action on Wednesday night - the bank finally officially agreed to restructure the group's debt in the amount of 3.3 billion rubles.

Sberbank will not reduce deposit rates Sberbank says that it does not intend to lower the deposit rate at the current Central Bank refinancing rate of 10% per annum. Moreover, they intend to offer higher rates for large clients whose deposits exceed 700 thousand rubles. The behavior of the sector leader is quite understandable: Sberbank’s rates are already low, and its share in the total volume of deposits dropped below 50% for the first time.

The first stage of the Figure Skating Grand Prix series starts in Paris in mid-October. Starting this year, the order of changing countries that host tournaments has changed. Paris is followed by Moscow, Beijing, Japanese Nagano, American Lake Placid, Canadian Kitchener. The championship series final will take place in Tokyo in early December. The 2009 World Championship winners, the Russian pair Yuko Kawaguchi and Alexander Smirnov, will begin their performances in the Russian capital.

State Corporation PetroChina gave way to ExxonMobil as the leader in capitalization Yesterday it became known that ExxonMobil, the brainchild of John Rockefeller, had regained its title as the world's largest oil company, surpassing the Chinese PetroChina in terms of capitalization.

General Shamanov was declared incomplete for service The commander of the Russian Airborne Forces, Lieutenant General Vladimir Shamanov, was warned of incomplete official compliance “for attempting to use his official position for personal purposes.” The penalty was imposed by Defense Minister Anatoly Serdyukov. In accordance with the disciplinary regulations of the Russian Armed Forces, this is one of the most severe disciplinary penalties imposed for serious offenses.

The European Commission in Russia will be headed by a specialist on the Caucasus At the beginning of next week, the new head of the European Commission in Russia, 60-year-old Spaniard Fernando Valenzuela, will finally arrive in Moscow. The office has been empty since the end of July this year, when the former head of the EU mission, Italian Marc Franco, left Moscow and was appointed to a similar post in Cairo. His successor will have to immediately throw himself into business.

The insurer is negotiating the sale of its Asian division Insurance company American International Group (AIG), hit hard by the credit crisis and forced to accept a bailout from the US government, continues to sell off its assets. According to the Financial Times, AIG wants to sell a 49% stake in American International Assurance Company (AIA), a division operating in Asia, but is ready to consider a complete sale of the asset.

Deputies and security officials were satisfied with the plan to combat corruption Yesterday, a parliamentary hour was held in the State Duma dedicated to the implementation of the “National Anti-Corruption Plan” adopted last year at the initiative of President Medvedev. What has changed since then was told to the deputies by the head of the SKP Alexander Bastrykin, Prosecutor General Yuri Chaika and the head of the Ministry of Internal Affairs Rashid Nurgaliev.

Preparations for the Russia-Germany match will continue behind closed doors Today the German national team arrives in Moscow. The Russian team's rivals in the World Cup qualifying group will try out the Luzhniki artificial pitch on Friday, where on October 10 it will be decided which of the leaders will directly qualify for South Africa and who will face the hassle of the play-offs. The German national team will be satisfied with a draw.