First Deputy Prime Minister Igor Shuvalov, head of the government’s transport and communications commission, said that the railways would not be privatized before then end of 2019.

The Russian government could instead sell off a small share in the state-owned enterprise, Shuvalov told the Izvestia newspaper. The Kremlin is currently Russian Railways sole shareholder.

"It would be a very small share which could then be used as part of a private pension fund,” he said. “But right now, this is not on the agenda," he said.

The Russian government plans to privatize more than 500 joint-stock companies between 2017 and 2019, Deputy Prime Minister Dmitry Kozak announced last week. Russian media reports had named Russian Railways as one of the likely targets for privatization plans, alongside Russia’s VTB bank and the Russian postal service.

The report, called "The long view: how will the global economic order change by 2050?," ranked 32 countries, based on their projected Gross Domestic Product by Purchasing Power Parity (PPP).

PwC concluded that by 2050, China’s GDP would reach $58.5 trillion, India, over $44 trillion, while the US will have a $34.1 trillion economy.

“We expect this growth to be driven largely by emerging market and developing countries, with the E7 economies of Brazil, China, India, Indonesia, Mexico, Russia and Turkey growing at an annual average rate of almost 3.5 percent over the next 34 years, compared to just 1.6 percent for the advanced G7 nations of Canada, France, Germany, Italy, Japan, the UK and the US,” the report said.

Given a robust annual growth of four to five percent, Vietnam, the Philippines and Nigeria are predicted to make the greatest move up the GDP rankings.

The US and Europe’s share of global GDP are expected to shrink, while the Chinese and Indian economies are projected to grow significantly.

The consulting firm also predicted 2050 GDP numbers based on market exchange ratings, an alternative method for GDP calculation. In these rankings, the US will lose global dominance by 2030, and the gap will only grow by 2050 with China having a nearly $50 trillion GDP, and the US having the same $34.1 trillion.

Purchasing Power Parity (PPP) is an economic theory that compares different countries' currencies through a market "basket of goods" approach. PPP determines the economic productivity and standards of living of various countries over a period. Since market exchange rates fluctuate substantially, many economists consider PPP as a more precise way of estimating a country’s economy.

At the beginning of the meeting, the Minister expressed his readiness to especially focus on Mongolia’s cooperation in food, agriculture and light industry with its old friend Russia, and appreciated the contribution of Russian Government and its Embassy in the development of Mongolia agriculture sector.

Sides exchanged views on realizing projects on improving the health of Mongolia’s livestock and producing a new seed sort adaptive to Mongolia’s climate.

As the Minister touched upon the issue of supply of murrain vaccination in the frameworks of the 2nd phase of the project on livestock health, the Russian side expressed its readiness to facilitate a consultative meeting between specialists from both sides, and cooperate on this issue.

The meeting concluded with the two sides expressing their willingness to expand bilateral cooperation in food, agriculture and light industry.

The venture will have sales and manufacturing functions in the United States and China in addition to Japan, the companies said in a press release.

The joint venture, to be established in July, will be owned 51 percent by Hitachi Automotive Systems and 49 percent by Honda, they said.

(Reporting by Naomi Tajitsu and Taiga Uranaka)

Musk, who is the CEO of both Tesla and SpaceX, was one of about a dozen top tech execs who had met with Trump in December. Executives from Palantir, Cisco, Oracle, and IBM also attended the meeting. They have not joined the friend of the court brief.
The big four telecom companies, AT&T, (T, Tech30) Verizon (VZ, Tech30), T-Mobile (TMUS) and Sprint (S), have not joined the brief.
Elon Musk is also a member Trump's Economic Advisory Council. The group met last Friday and Musk later tweeted that, at his request, the travel ban was "first and foremost" on the agenda.
donald trump elon musk
President Trump and Elon Musk
Musk publicly criticized the travel ban in one tweet as "not the best way to address the country's challenges."
SpaceX, as well as Oracle and Palantir, all have lucrative government contracts.