Interview with Michael Klein
Published: 09 June, 2008, 09:44
TAGS: Interview
One of the key issues discussed at the Economic Forum in St. Petersburg this past weekend was the financial pressures facing today's world. Citigroup's vice chairman, Michael Klein, spoke to RT about Russia's economic challenges.
“Russia has to recognize that the strength of its economic performance generally speaking is not well understood throughout the global economies and many Western populations,” Klein pointed out.
Economists divided over Russian inflation causeDebate is raging within Russia and abroad about what’s causing high inflation, with some economists blaming the politicisation of the country’s Central Bank. Inflation in Russia has been officially forecast to hit 10.5% this year, although international b |
Russia’s biggest banks team up to rival Visa & MasterCardRussia’s two largest banks have teamed up to create the United Russian Payment System (ORPS), in a bid to rival Visa and MasterCard, Sberbank CEO German Gref says. VTB agreed to join Sberbank after the name of the scheme was changed from ‘Sbercart’. |











