A few days ago I mentioned the discussion that Russia may return to Winter Time in 2012.
I now have news that legislative initiative of the State Duma Health Committee to switch Russia back to the “winter time” has been withdrawn. As such, we don’t believe there will be any near-term change to Russia’s time zone offset for what we refer to commonly as Daylight Saving Time, or any immediate move in the Federation to move their clocks again. We believe the issue will be considered by the Government and will continue to watch the issue.
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