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breakingnews
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.
05.02.2009, 17:22
The Russian government is to provide 400 Billion Roubles – about $11 Billion – in additional funding for Russian state and private banks.
20.02.2009, 17:58
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The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
16.02.2009, 10:31
The G7 Finance Minister and Central Bankers who met in Rome over the weekend, released a communiqué promising to use the full range of policy tools to restore stability to battered global finances.
18.02.2009, 10:05
World renowned british architect, Lord Norman Foster, is laying off staff around the world. Russia’s ambitious Moscow Tower project is one of his problems, as developers hold on construction.
19.02.2009, 19:44
President Medvedev is in Irkutsk on Friday to hold an extended meeting of the State Council on support for Russia's real economy. The government will pay special attention to the region's aircraft building industry.
20.02.2009, 13:32
Russian President, Dmitry Medvedev, has called for a focus on long term economic projects to diversify and strengthen the economy, while addressing shorter term financing needs of Russian companies.
24.02.2009, 10:41
Rail attracts just 6% of the $600 billion worth of trade between the Asia-Pacific region and Europe. Train chiefs claim they can almost double that proportion by cutting the number of customs checks at each border.
24.02.2009, 21:32
House prices in Moscow this month have suffered their biggest ever fall according to a new report. Average list rates slumped 5% in a fortnight, with estate agents adding much more can come off in negotiations.
Published: 06 February, 2009, 19:44
In a second round of bank bail-outs, Prime Minister Putin this week approved $28 billion in fresh liquidity. But unlike previous banking bailouts its emphasizing the funds don’t get used to speculate against the Rouble.
