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08.12.2008, 11:05

Russia to increase oil and gas production

Oil production in Russia will grow to 530 million tons a year and gas output will reach 706 billion cubic metres annually by 2030, the Ministry of Energy announced today.

11.12.2008, 17:39

Thousands to lose their jobs in 2009

Up to 250,000 jobs could be lost in Russia in 2009 according to Mikhail Shmakov, the head of the Federation of Independent Trade Unions of Russia.

Market Watch November 13: How much deeper can we go?

Published: 13 November, 2008, 20:48


Thursday saw Russian stocks on the receiving end of yet another beating, as the overnight selloff on Wall Street washed over Asia, combining with plummeting crude prices to provide another pummeling for Russian investors. The only upside was that after a

 
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