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Medvedev Demands Sport Officials Resignation
The days of the Soviet Union powerhouse in the Olympics are over, and President Dmitry Medvedv is not really happy about it. He stated, "Those in charge of preparation for the Olympics must take responsibility right now,” He said they "should take the courageous decision and tender their resignations. If they cannot, we will help them." Mr Medvedev showed his disgust by skipping closing ceremonies and allowing other officials to accept the Olympic flag for him. 
  
Renault may change share in Russian AvtoVaz
 In 2008, Renault (RENA.PA) bought one billion dollars worth of AvtoVaz (AVAZ.MM), Russia’s leading car manufacturer and maker of the popular ‘Lada’ model...
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