more significant practical issue for the business a let's take a look at the history of the st petersburg reaganomics forum now and a report by spotlights. well russia's business and finance is mostly concentrated in moscow there are several days every june when the capital city gets a break that's when the big money goes to st petersburg for the international economic poor and for a short time russia then you saw the north becomes the place to strike multi-million dollar deals and talk business when the forum was first organized fifteen years ago its goal was to restart bush economic relations between the former soviet republics the event quickly moved beyond the boundaries of the former u.s.s.r. as russia's regularly growing economy became a major attraction to foreign investors two thousand and five was the story to you for the form the opening ceremony was attended by the president and idea instantly raising the status of the event to new heights it's been dubbed the russian davos with leaders becoming frequent guests each year has been a record breaking for the number of deals signed on to the c