Skip to main content
  1. News
  2. Business & Finance
  3. Industry

US-Russia Business Council's 21st Annual Meeting, Oct 28-30, 2013

See also

The US-Russia Business Council had their annual meeting in Houston recently, held at the Four Seasons Hotel (see slideshow). It was an event loaded with experienced dignitaries, including a presentation by former Secretary of State, James Baker. A wide range of topics were discussed. Here are a few noteworthy examples:

More Photos

* Russian Ambassador to the US, Sergey Kislyak, stated that the Russian economy is extremely vibrant and is a rich field for investment - pointing out that Russia has very little debt. He added that Russia's oil and gas market is exceptionally strong. As a side note, it must be mentioned that the Houston Business Journal recently reported that the US will most likely be the world's largest producer of oil and gas by the end of 2013 ("Debate Emerges Over Whether Shale Oil Boom Will Bust", by Deon Daugherty, HBJ, October 18-24, 2013).

* Nataly Nikolaeva, Acting President of ZAO Citibank, points out that the Russian stock exchange is healthy and has a bright future. She did mention one caveat: the Russian stock market is currently using domestic definitions, policies, and standards for financial markets; and that it must convert to international standards.

* David Melik-Guseynov, Director, Center for Social Economics, says that Russia is looking into alternative healthcare systems, some of which appear to be variations of Obamacare. David states that any government aided healthcare sysem in Russia is going to be dependent upon strong revenues entering Russia's economy, and presently oil and gas profits are a huge chunk of those revenues.

As a closing note, I want to say that when I heard David Melik-Guseynov's presentation, I was bewildered. I was incapable of comprehending that the healthcare problems we are facing here in the USA are present elsewhere too. Nevertheless, it is true.

In an article published by the Harvard Business Review, Michael Porter and Thomas Lee report, "In health care, the days of business as usual are over. Around the world, every health care system is struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians. Health care leaders and policy makers have tried countless incremental fixes - attacking fraud, reducing errors, enforcing practice guidlines, making patients better 'consumers', implementing electronic medical records - but none have had much impact" ("The Strategy That WIll Fix Health Care", HBR, October, 2013).

Richard Carranza,,



  • Mt. Everest avalanche
    Disaster strikes Mt. Everest as at least 12 people were killed in an avalanche
    Watch Video
  • Most Earthlike planet discovered
    The Kepler telescope has discovered the most Earthlike, possibly habitable planet yet
    Space News
  • Easter crosses create debate
    Easter crosses spark a debate of separation of church and state in Ohio
  • Chelsea Clinton is preggers
    Former first daughter Chelsea Clinton is pregnant with her first child
  • Stanley Cup playoffs
    The battle for Lord Stanley's Cup is on, don't miss a minute of playoff action
  • Ukraine discussed amongst U.S., E.U., Russia
    The U.S., E.U. and Russia agree on ways to diffuse the tension in Ukraine
    Watch Video

Related Videos:

  •  Welcome to Tates
    <iframe width="600" height="337" src="//;autoplay=1"></iframe>
  • Muffins
    <iframe width="600" height="337" src="//;autoplay=1"></iframe>
  • AV Expo in the Lehigh Valley
    <div class="video-info" data-id="518009937" data-param-name="playList" data-provider="5min" data-url=""></div>

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about and apply today!