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breakingnews
27.07.2009, 21:51
This week will see the Russian government finalising the budget for the year ahead, with another budget deficit in store, as plans for longer term budgeting are put on hold.
27.07.2009, 11:05
Russia is launching a programme to halve the country’s energy consumption over the next decade, as European shops face a 2014 deadline for selling only the most energy efficient appliances.
27.07.2009, 10:12
5 comments
In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
04.03.2009, 10:49
2 comments
Russia has become the 5th largest U.S. creditor, after upping its investment in U.S. Treasury bills to more than $116 Billion. But the deteriorating economic situation in the U.S may is leading to longer term concerns.
05.02.2009, 10:08
Fitch Ratings downgraded Russia on Wednesday, to BBB. But Finance Minister Aleksey Kudrin says what matters is not ratings, but the health of the real economy.
06.02.2009, 19:44
In a second round of bank bail-outs, Prime Minister Putin this week approved $28 billion in fresh liquidity. But unlike previous banking bailouts its emphasizing the funds don’t get used to speculate against the Rouble.
14.02.2009, 14:14
Gold is hovering near $940/oz with Russia's leading precious metals producers claiming to Business RT the price will keep rising, because paper currencies are no longer trusted.
16.02.2009, 10:31
The G7 Finance Minister and Central Bankers who met in Rome over the weekend, released a communiqué promising to use the full range of policy tools to restore stability to battered global finances.
18.02.2009, 10:05
World renowned british architect, Lord Norman Foster, is laying off staff around the world. Russia’s ambitious Moscow Tower project is one of his problems, as developers hold on construction.
Published: 28 July, 2009, 11:09
Many Russian companies are facing financial difficulties, and are looking to restructure debts. Proposed changes to the country's bankruptcy law could mean further support for struggling businesses.
