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25.09.2009, 18:57 1 comment

Market downturn opens gap for single dwelling housing

The Russian real estate market has seen a wave of bankruptcies amongst developers and construction companies, driven by falling demand and financing issues. But the market slump is providing an opening for some.

25.09.2009, 17:38 1 comment

Citigroup ups outlook on Russian economy

Citigroup says expects Russian GDP to grow by 3% in 2010 according to a research note published on Friday, with CEO of Citibank, Russia and CIS Zdenek Turek adding he was not expecting a second wave of economic crises.

Image from polyusgold.com 25.09.2009, 17:00

Polyus Gold posts 1H 2009 Net Profit of $150 million

Russia’s largest gold producer, Polyus Gold, has posted a 1H 2009 Net Profit of $150 million under IFRS.

01.06.2009, 22:02 6 comments

IMF predicts sharp contraction as private funds desert Russia

The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.

Russian Federation, Moscow : Russian Prime Minister Vladimir Putin delivers a speech at an investment forum in Moscow on September 29, 2009. (AFP Photo / Natalia Kolesnikova) 29.09.2009, 20:04 5 comments

Leaders commit to market with state control set to go beyond 50%

Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.

22.01.2010, 17:03 2 comments

Fitch ups Russian credit outlook as PwC looks to bigger long term

A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.

11.05.2010, 13:59 4 comments

European bail out: What it means

Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.

25.06.2009, 10:46 3 comments

World bank gloom on Russian economy as OECD looks for sharp rebound

The economic crisis is changing the structure of Russia's population, boosting the number of poor and cutting the middle class. It's part of the World Bank’s forecast for this year - and it just got more gloomy.

07.05.2010, 15:36 3 comments

Get ready for the European double dip

The US and Russia are gaining traction on an economic rebound, with China posting rudely healthy 1Q 2010 GDP growth. But its time for Europe to get ready for Recession - the sequel.

RIA Novosti / Andonn Denisov, STF 07.04.2010, 22:38 3 comments

Moscow to boost standing as global financial centre

Improving the investment climate, reforming financial infrastructure, and clarifying the tax regime - these tasks are on Moscow's "to do" list, as it bids to become a global financial center.

The G20 meeting and the global economy

Published: 25 September, 2009, 19:11
Edited: 27 September, 2009, 10:30

US, Pittsburgh: Oxfam supporters wearing football uniforms and the masks of G20 leaders, including US President Barack Obama, German Chancellor Angela Merkel, British Prime Minister Gordon Brown, Canadian Prime Minister Stephen Harper, French President Nicholas Sarkozy, among others, protest against the efforts of G20 leaders in stopping global poverty, in downtown September 24, 2009.

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TAGS: Investment, Russia and the global economy, Economy, Finance


With global political and economic heavyweights meeting in Pittsburgh for the G20 meeting, Business RT spoke with Chris Weafer, Chief Strategist at Uralsib, about the major issues under discussion and likely outcomes.

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25.09.2009, 18:57 1 comment

Market downturn opens gap for single dwelling housing

The Russian real estate market has seen a wave of bankruptcies amongst developers and construction companies, driven by falling demand and financing issues. But the market slump is providing an opening for some.

28.09.2009, 10:39

Inter Rao invests for longer term access to Romania and EU

Inter RAO UES is looking to invest millions of dollars in a 45 year old Transdniestrian power station, which will increase its access to EU markets if key contracts with Romania are renewed in the coming year.