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The article reports on the Russian government's meeting on January 31, 2013 where President Vladimir Putin expounded on how the raw materials model of development has run its course and Prime Minister Dmitry Medvedev's declaration of a "five-year plan of effective development" in diversified industries to push a 5% annual economic growth. It mentions how those who attended did not hesitate to hold back criticisms such as the lack of a new model to follow and a plan to accelerate the economy.

The article reports on the decision of Prime Minister Vladimir Putin to cancel metal purchases for a national reserve in Russia. It cites that Putin has dispelled the hopes of metal-producing company owners that they could avoid a decline in metal prices and the closure of business enterprises with the help of such purchases. However, metal industry analyst Nikolai Sosnovsky believes that the decision will not have any serious impact on the ferrous metals industry.

The article reports on the decision of Prime Minister Vladimir Putin to choose armed neutrality toward all market participants in Russia. During a meeting of the government presidium, Putin said that the government wants to support the free-market foundations of the Russian economy and impose order in the area of transfer pricing. The meeting also talked on the situation of Mechel Steel Group which is localized and no campaign has been launched against business.

The article discusses that Prime Minister Vladimir Putin led the meeting with several environmental organizations. The meeting aims to decide who will be the host city of the 2014 Winter Olympic Games. It mentions that environmental organizations insisted the construction of Olympic facilities be moved from the Grushevy Ridge.

The article reports on Russian Prime Minister Vladimir Putin's proposal to form government presidium to be made up of the deputy premiers and a number of ministers to improve the efficiency of government's work. According to experts, Putin's aim in reestablishing a presidium within a government structure is to gradually transform the premiership from a technical institution to a policy-making one.

The article reports that Finnish Prime Minister Matti Vanhanen visited his Russian counterpart Vladimir Putin in Moscow. The two ministers discussed bilateral trade and economic cooperation, including cooperation in the timber industry and the energy sector. They agreed on the construction of the Nord Stream gas pipeline across the floor of the Baltic Sea and timber duties.

The article reports on the economic cooperation between Russian Prime Minister Vladimir Putin and Libyan Prime Minister Baghdadi Mahmudi. The cooperation made by the two prime ministers is designed to develop the oil and gas sector. The cooperation has led the Libyan prime minister to declare desire to Gazprom of Russia to obtain right to extract and export hydrocarbons from Libya.

The article reports that Russian President Vladimir Putin has expressed his disappointment with the United States government's position on Russia's accession to the World Trade Organization (WTO). Putin said that the US issued a list of issues requiring additional consultations. US Secretary of State Condoleezza Rice explained the US position.