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breakingnews
21.09.2009, 11:34
1 comment
The State is to enter Russia's mobile telephone market, after announcing the acquisition of operator Skylink, with experts doubting it can get a foothold against the country's Big 3.
21.09.2009, 10:55
Sochi plans to attract $2.5 billion investment, for the Winter Olympics in 2014. If it meets its goal to be known as the 'Hospitable City', investors say the resort could become a cash machine, for years after the Games.
18.09.2009, 20:06
2 comments
Business and political leaders meeting at the Sochi International Investment Forum have heard that Russia will be looking to encourage greater foreign investment.
24.08.2009, 19:48
1 comment
The country's biggest developer - Mirax Group - is fighting to keep its cranes running after legal proceedings have seized its assets.
10.09.2009, 12:48
For the first time in a decade Graduates from the Russian tertiary education sector are coming into an uncertain economy. That’s leading to changes for employers and prospective employees.
26.01.2010, 17:47
According to the Russian Register, the volume of housing sales in Moscow for the month of December has hit 8,500, besting even the most optimistic forecasts. Analysts say 2010 should be a strong year for the market.
05.05.2010, 17:57
14 comments
President Barack Obama’s campaign pledge was to defend the little guy. So why is Rahm Emanuel, the White House Chief of Staff, against auditing the Federal Reserve Bank?
12.02.2010, 19:38
11 comments
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.
23.10.2009, 21:28
2 comments
Chartered Financial Analysts have called for "unethical" bankers to pass industry exams to prevent another economic crisis. It comes after industry heavyweights let through cheats like Bernard Madoff.
05.07.2010, 14:11
The economic recovery can’t come soon enough for Russia’s property developers and mortgage issuers with both waiting for signs of a pickup in the market.
Published: 22 September, 2009, 09:38
The news that the government is prepared to back loans made to property group PIK is helping to underpin the shaky real estate market, with analysts saying the governments move is focused on longer term housing supply.
No doubt we need a stable housing market. However, we are copying too much the housing markets of others. We see the credit rising too much, with for the first time us crossing the 50% mark for people having credit backed against their home. Yes it is a different type of short term credit in many cases, but even so it is a worrying trend. We are actually missing a golden opportunity to define a new mixed housing model. One that supports heavily the right to be independent and buy anything you want, but one that also treats each citizen as an owner of some property from birth.