Government leans on private partners over Avtovaz
Published: 06 October, 2009, 11:58
The Russian government is demanding that Renault and Nissan, who own 25% of the car maker between them, do more to support troubled car maker Avtovaz.
breakingnews
Russian delegations to major economic gatherings in Istanbul have taken the opportunity to sound out the World Bank on credit, while the IMF says Russia’s economy is well placed.
Major shareholders in Russia’s number 2 mobile operator, VimpelCom, Norway’s Telenor and Russia’s Alfa Group, have ended a corporate feud which has haunted the Russian investment climate for much of this decade.
Russia will soon start using oil as raw material, which will later be converted into synthetic fibre for its textile industry. The first contract was signed at the Fourth Textile Industry Forum in Ivanovo.
06.10.2009, 13:04
1 comment
The Federal Fisheries Agency is launching a chain of moveable kiosks in Moscow and St Petersburg, in an attempt to promote cheaper fish and fish products.
04.06.2010, 13:14
5 comments
The US government has poured $10 trillion into Wall Street in various forms of loans and purchases. So actually the public debt is quite small compared to what the US did to Wall Street, author Les Leopold told RT.
12.10.2009, 12:19
2 comments
Russian President, Dmitry Medvedev, calls for the economy to move from energy reliance in just over a decade and emphasizes that moves to address the economic downturn should limit Russia’s long term plans.
01.02.2010, 15:36
5 comments
American fast food giant McDonald's plans to open 45 restaurants in Russia in 2010, investing around $3 million in each.
In order to help farmers here in Russia, the government is making it more difficult to import foreign produce. But it may be the consumers that end up paying the price.
14.08.2009, 19:13
1 comment
Monday marks the anniversary of the 1998 shock when Russia defaulted on its debt. The Rouble's devaluation then set the stage economic growth but this time around, Economists forecast years of slow growth for Russia.
23.09.2009, 16:27
1 comment
Russian stocks are pushing beyond their highest levels in a year with focus increasingly returning to the longer term Russian growth outlook, and cheap valuations.
Published: 06 October, 2009, 11:58
The Russian government is demanding that Renault and Nissan, who own 25% of the car maker between them, do more to support troubled car maker Avtovaz.