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AFP Photo / Aleksey Sazonov 23.10.2008, 08:41

Russian stocks mixed on Thursday after continuing sell off in Asia

Russia’s RTS and Micex exchanges were mixed during Thursday lunchtime trading despite further falls overnight on Wall Street and a poor performance in Asia on Thursday. At 12.00 the dollar denominated RTS was up .5% wit

10.11.2008, 08:45

Learning crisis-speak

An Australian governmental panel says the word “drought” sounds too depressing to farmers. “Dryness” is a term with a less negative connotation and is the national alternative. RT looks into other linguistic sleights of hand that c

24.10.2008, 08:07

Retailers brace for sales slowdown

Supermarkets warn sales will fall 30% as the economic crisis spreads to the public. Sales of no-frills products and alcohol, however, are holding up.

24.10.2008, 10:18

Carnage: Global stocks crash as tsunami sized sell off looms in New York

Russia’s RTS and Micex stock exchanges fell heavily again on Friday before trade was halted until next Tuesday, as global stock markets wilted under renewed fears of a global recession, with crude continuing to slide despite OPEC announcing cuts to produc

24.10.2008, 12:51

OPEC pares production as crude prices slump

The Organisation of Petroleum Exporting Countries, has decided to cut output by 1.5 million barrels a day as of next month in an attempt to shore up sagging prices.

Global havoc hits Russian markets

Published: 24 October, 2008, 22:51


AFP Photo / Aleksey Sazonov

The Russian markets have weathered another week dominated by bad news, amidst continuing turmoil on the international, as well as domestic front. Meanwhile, the government and Central Bank have stepped up their efforts to protect the wider economy and the

 
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