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20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

22.10.2010, 19:17 4 comments

Privatization agenda to shape new corporate landscape

The privatization agenda outlined by First deputy Prime Minister Igor Shuvalov, will seek to both shore up the government’s budget gap, and bring about major change in the Russian corporate market.

20.02.2009, 17:58 4 comments

President Medvedev highlights financing and future development in Irkutsk

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.

06.09.2010, 11:18 4 comments

Old light bulbs face the dimmer

Europe’s move to phase out 60 watt light bulbs next year after banning 75 watt bulbs last week is also the future direction for Russia, as energy efficiency starts to take on a day to day meaning.

30.01.2009, 20:22 2 comments

Dollar is doomed: a conspiracy theory

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.

04.03.2009, 10:49 2 comments

Russia buys up big on U.S. Treasuries, despite longer term doubts

Russia has become the 5th largest U.S. creditor, after upping its investment in U.S. Treasury bills to more than $116 Billion. But the deteriorating economic situation in the U.S may is leading to longer term concerns.

22.10.2010, 12:46 1 comment

Norilsk Nickel board unchanged as Rusal continues to push

Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.

RIA Novosti / Ruslan Krivobok 27.10.2010, 15:10

Central bank moves to extend deposit insurance moratorium

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.

Image from http:/media.wildorchid.ru 09.03.2009, 11:33 1 comment

Downturn takes the lustre off expensive lingerie for Russian women

Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.

10.03.2009, 10:20 1 comment

Nord Stream waits for Swedish decision on environment

Sweden is still blocking approval of the vast Nord Stream pipeline, claiming more ecological tests are necessary before it can allow construction through its economic zone.

Barack’s bailout

Published: 28 January, 2009, 21:12

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TAGS: Interview, Big deal, Economy, Finance


There remains a large gap between the ongoing PR offensive and the underlying reality of the $900 billion bailout bill, says James Pinkerton, a Fellow at the New America Foundation.

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28.01.2009, 16:27

RT Business interview with Alexander Izosimov, Head of Vimpelcom

Alexander Izosimov, Head of Vimpelcom, spoke with RT at the World Economic forum in Davos about the changed Russian business environment, and about how he sees the mobile industry evolving in Russia.

29.01.2009, 01:30

"Russia's economy affects the rest of the world"

Sberbank chief, German Gref, believes Russia’s economy is now large enough to effect world markets and criticized the Russian Central Bank's high interest rate, claiming it hampered investment.