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29.01.2009, 20:18

Russia's GDP to drop to zero in 2009 – expert

Russia's GDP may be around zero or slightly negative in 2009, which would be a good result given the current macro-economic climate, says Ruben Vardanyan, the head of Troika Dialog.

AFP Photo / Fabrice Coffrini 29.01.2009, 17:49

Davos energy session looks beyond economic crisis to changing energy mix

Prime Minister Putin, in his Davos opening speech, called for the establishment of a body uniting oil suppliers and consumers. That won support from OPEC's General Secretary in Thursday's 2009 Energy Outlook session.

AFP Photo / Eric Piermont 29.01.2009, 16:08

OPEC Chief backs call for body uniting oil producers and consumers

After Russian Prime Minister, Vladimir Putin's Davos call for the establishment of a body uniting global oil suppliers and consumers, OPEC General Secretary, Abdalla Salem El Badri has added his support to the proposal.

Davos looks for answer on global economy

Published: 30 January, 2009, 12:52


AFP Photo / Fabrice Coffrini

Day 2 of the world Economic Forum in Davos saw increased pressure on politicians and business leaders to produce strategies to stop the financial crisis from growing.

 
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