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breakingnews
18.06.2010, 09:51
2 comments
Detroit used to be one of America's premier auto manufacturers, but with the demise of its carmakers, Detroit’s residents are facing rising unemployment and crime in a city which has become a shell of its former self.
16.02.2009, 17:57
Russia is the leader among eleven developed countries in rates of inflation development and final consumption expenditure, according to the Federal Agency of State Statistics Rosstat.
01.10.2009, 16:25
Leading russian dairy producer, Unimilk, has posted a 1H 2009 Net Profit of 19 million Roubles under IFRS.
15.01.2010, 14:32
1 comment
Russia’s largest zinc producer, Chelyabinsk Zinc Plant, has elected a new board of directors.
30.07.2009, 11:54
Even during an economic downturn, Russians haven’t abandoned their sweet tooth, with sales of sweets and chocolates holding up surprisingly well.
23.11.2009, 14:21
Russia’s largest cosmetics and perfumery producer, Kalina, has posted a 9M 2009 Net Income of $13 million under IFRS.
15.03.2009, 12:41
Finance ministers from the world's top 20 economies have pledged to take ‘whatever action is necessary’ to tackle the global credit slump.
02.07.2009, 05:30
As the U.S. has begun a new fiscal year, the state of California has failed to balance its budget, which now has a 26.3 billion dollar deficit. Governor Arnold Schwarzenegger has declared a fiscal emergency.
05.02.2009, 14:51
UC Rusal, one of the world largest aluminium producers has embarked on a major cost cutting program which will see output axed and investment programs pared back as the company fights to restructure its debt.
20.02.2009, 18:45
Russian society at large will now be concentrating on giving more economic and political power to the producers of goods, says Matthew Maly, a Russian-American sociologist.
Published: 20 February, 2009, 19:55
In the current situation it is difficult to satisfy financial needs of both the financial and non-financial sectors of the economy, so cutting expenses is the only answer to the crisis.
