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07.07.2009, 23:36

U.S. stimulus measure forces NLMK to sack American workers

NLMK claims that protectionist measures in the U.S. economic stimulus package are forcing it to sack American workers, and has taken President Obama’s Moscow visit to raise awareness.

07.07.2009, 17:21

Déjà vu in US-Russia ties

After several years of steady downturn in relations, the US and Russia are now back to where they were 10 years ago, says Peter Necarsulmer, PNB company CEO.

Photo by drugoi 07.07.2009, 17:03

In their own words: U.S. Russia business ties

At the address by President’s Medvedev and Obama of business leaders from the Russian Union of Industrialists and Entrepreneurs and the American Chamber of Commerce, key figures talked up the future of business ties.

16.08.2010, 18:36

Time to focus on savings

The need for greater levels of national savings is coming into focus, with experts saying low income levels, an undeveloped financial system, and long term cultural issues remain key issues to be addressed.

19.05.2010, 11:44 4 comments

Russia looking to avoid worst of economic downturn

A volatile Eurozone sees Russia with almost no exposure to national debt, but with markets pricing in a wider contagion, Russia would be affected by a return to recession.

15.01.2010, 11:56 2 comments

End of U.S. poultry imports leaves onus domestic producers

Russia will end poultry imports from the USA as of January 19 due to health concerns, with Prime Minister Vladimir Putin saying local producers can fill domestic demand and even start exporting poultry within 4 years.

09.02.2010, 17:03 2 comments

President looks for financial markets to underpin economic development

President Dmitry Medvedev has directed participants at the Council for Financial Market Development to create a development road map, emphasizing the role of financial markets in supporting economic development.

15.12.2009, 22:29 1 comment

Ukraine waits on IMF bailout funds

Debt-laden Ukraine is waiting for an answer from the International Monetary Fund. The country has asked the lender to release the final, $2 billion dollar tranche of a massive bailout loan.

25.01.2010, 11:40 1 comment

Wine sellers furious over sudden change in customs legislation

Wine merchants in Russia could lose $400 million in 1Q 2010, after the customs service changed their import duties, driving up business costs by as much as 30%.

18.03.2010, 11:05 1 comment

Russia to power into global carbon trading market

Russia could gain 10% of the global carbon trading market in the next 3-4 years. But the need to invest in environmental projects and a forest of red tape is slowing he process.

G8 leaders to renew tackle on economic downturn

Published: 08 July, 2009, 11:23


G8 leaders meet in Italy on Wednesday, with key decisions needed on food security, financial regulation, and climate change. But, the ongoing economic crisis will be the major challenge under consideration.

 
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