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breakingnews
06.02.2009, 18:19
Noted investment advisor Jim Rogers spoke with RT about the banking bailouts and the outlook for major currencies. His gloomy assessment began with why bailing out banks which are insolvent is fundamentally wrong.
06.02.2009, 17:25
Russia’s economic downturn isn’t hitting United Confectionary. Its looking to boost revenues by 45% this year to 45 Billion Roubles.
06.02.2009, 12:40
The Russia government says it will not nationalize private banks to help them through the crisis. Instead it plans to give them $9 Billion in subordinated loans and expect banks to restart credit activity.
30.01.2009, 20:22
2 comments
While the world economy collapses the American dollar continues to strengthen its position in the world, to little wonder – it’s getting back to its basics as the backup currency on every continent except Antarctica.
22.10.2010, 12:46
1 comment
Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.
09.03.2009, 11:33
1 comment
Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
15.07.2010, 13:07
1 comment
Sberbank will introduce individual interest rates for retail borrowers depending on financial data including credit history and wealth, which, experts say, will bring tighten its grip on lending.
29.09.2010, 16:20
1 comment
Russia is looking to boost financial literacy levels, with the New Economic School and the Citi Foundation starting joint development of a unique multimedia project on personal finance management.
27.10.2010, 15:10
Russia’s Central Bank is extending the moratorium on excluding the banks from the Deposit Insurance System until July 1, 2011, with analysts saying a deeper change in financial criteria is necessary.
03.09.2010, 16:53
Leading Russian express lender Home Credit and Finance Bank is seeking to promote its salary project to attract more quality customers and address the growing number of bad loans in its portfolio, Kommersant reports.
Published: 06 February, 2009, 19:55
Russian diamond monopoly Alrosa has no plans to cut production despite the economic crisis. To survive low diamond prices and shrinking demand the company will sell half of its output to the State Depository this year.
