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18.08.2009, 11:07

Non prescription medicine to become more widely available

Russia’s Trade Ministry has proposed that grocers and supermarkets could start selling non-prescription medicines, with experts saying the new regulations may come to the rescue of troubled pharmacy chains.

Image from flickr.com/photos/panic-embryo/ 17.08.2009, 11:18 1 comment

Russia and Venezuela edge closer to an oil deal

A consortium of Russian oil majors, together with Venezuela's national oil company, are looking to jointly invest about $30 billion dollars in developing the Orinoco oil fields.

14.08.2009, 19:13 1 comment

Lessons of 1998 remain with the Russian economy

Monday marks the anniversary of the 1998 shock when Russia defaulted on its debt. The Rouble's devaluation then set the stage economic growth but this time around, Economists forecast years of slow growth for Russia.

31.08.2009, 10:28 1 comment

Avianova lifts off as budget travel makes Russian inroads

A new low-cost airline has spread its wings in Russia. Fares starting at eight dollars look appealing, but there's still not much of a market for this model.

12.05.2009, 07:24 1 comment

Russia to play key part in nuclear comeback

Russia is about to enter a new era of cooperation with Japan on nuclear energy, as the energy source undergoes a renaissance at home.

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.

17.02.2010, 14:34

Air market picks up altitude

Russia’s air market is starting to recover after the economic downturn, with Moscow airports experiencing a sharp jump in usage during January according to Kommersant.

02.05.2009, 10:49

‘Investing in People’ sees economic drive from bricks and mortar

Russia is trying to make ‘Investing in People’ more than just a slogan, with human capital at the heart of the revised 2009 budget.

13.08.2009, 17:33

Dairy sector battles downturn as farmers look for support

Russia has halted the import of Lithuanian dairy products after finding antibiotics in them. That’s bringing focus to Russia's domestic production and decline in consumption.

The Sayano-Shushenskaya hydro-power plant (AFP Photo / Alexander Nemenov) 20.08.2009, 16:57

Buryatia steps up to power plate as Chubais looks to market

The Republic of Buryatia will boost the capacities of one of its power plants to make up for energy losses caused by the accident at the Sayano-Shushenskaya hydro-power plant.

Hydro disaster spells big costs for RusHydro and energy consumers

Published: 18 August, 2009, 16:19


Image from forums.drom.ru/hakasiya

The disaster at the Sayano-Shushenskaya hydro-power plantin East Siberia may have serious implications for several industries. Electricity prices are expected to jump while Rusal may have to cut its output.

 
1 COMMENT
MEJanssen August 18, 2009, 16:29 quote
0

I wonder if this disaster might have a silver lining for the coal companies.

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