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Illustration by Lael Henderson 25.08.2009, 16:09

FDI into Russia continues slide as talk of economic rebound gathers pace

Foreign direct investment into Russia in 1H 2009 plummeted 45% year on year to $6.1 billion, with overall foreign investment, including loans and securities flows down 30.9 % to $32.2 billion according to Rosstat data.

02.10.2009, 13:23

Trans-Siberian looks to boost cargo performance

The Trans - Siberian railway is one of the world’s most famous passenger routes. But Russian Railways is looking to boost its viability as a cargo transit route between Europe and Asia.

12.02.2010, 19:38 11 comments

Estonia braces for change as Russian exports move from home

Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.

27.07.2009, 10:12 5 comments

Russia’s rich move money out

In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.

25.06.2009, 10:23 5 comments

World Bank says Russian liquor and tobacco taxes should rise as poverty jumps

The World Banks says the economic crisis is boosting poverty in Russia, with the number expected to increase by 5% this year to 17% of the population.

Dmitry Medvedev (RIA Novosti) 18.06.2010, 17:07 4 comments

President’s keynote St. Petersburg address focuses on modernization

Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.

28.01.2010, 18:15 2 comments

Davos: Russia’s anti crisis plan not delivering bang for its buck?

Though the Russian government is beginning to see some of its anti crisis funds be repaid, questions are being asked about how well the bailout money was spent.

22.01.2010, 18:30 3 comments

Russians have their eyes on European real estate

With prices falling for real estate, Europe has become a popular and significant place for Russians to start buying up and now account for a large portion of real estate buyers.

22.03.2010, 10:45 3 comments

Innovative economy needs business culture overhaul

Hi-tech projects are being pushed as part of Russia's economic diversification, but the head of the Russian Venture Company, Igor Agamirzyan, says Russia’s business culture needs to be overhauled.

14.08.2009, 19:13 1 comment

Lessons of 1998 remain with the Russian economy

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.

Barclays chief points to emerging markets

Published: 16 February, 2010, 17:49
Edited: 18 February, 2010, 12:24


The head of British bank Barclays PLC, which has announced a doubling of net profit in its 2009 to $14.71 billion, says emerging markets like Russia have played a key part in the turnaround.

 
1 COMMENT
Artyom February 18, 2010, 09:17 quote
0

So all the big banks that gutted America and turned them into an economic wasteland are now setting their eyes on Russia. Great...

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