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22.10.2009, 19:41

Diversification the key to post recession economic growth

With the Russian economy now emerging from the slump of the past year, focus is turning to the economic restructuring required to broaden the economic base and lay the basis for steadier economic growth.

Image from tatneft.ru 23.10.2009, 13:51

Tatneft posts 1H 2009 Net Profit of 29.7 billion Roubles

Russian oil major, Tatneft, has posted a 1H 2009 Net Profit of 29.7 billion Roubles under US GAAP.

23.10.2009, 19:17

Government to start grain purchases

A state grain trading scheme could commence as early as next week, with a 10 billion Rouble programme aimed at stabilizing prices.

07.08.2009, 18:03

A year of economic crisis: the property development sector

With the global financial crisis and ensuing economic slowdown passing its first anniversary, Business RT spoke with Capital Group and MIEL about how the Russian property development sector has coped.

20.11.2009, 17:24

Corruption clouds ability to address economic reform

Key addresses by Russia’s political leaders have underlined economic reform’s place on the national agenda. But corruption will limit their ability to face up to that reform unless it too is addressed.

23.12.2009, 20:23

13th salary goes down to the wire for Russian workers

While banking bonuses have become a hot topic in many countries, the economic downturn is putting pressure on a time honoured Russian corporate custom.

Dmitry Medvedev (AFP Photo / Natalia Kolesnikova) 12.11.2009, 14:36 8 comments

Down-to-earth problems at the core of Medvedev’s second address

On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.

AFP Photo / Paul J. Richards 14.10.2010, 00:42 3 comments

Washington hijacked by Wall Street

While 14 million Americans are unemployed and 1 in 7 Americans are living in poverty, one group isn’t doing too badly.

26.08.2010, 03:24 9 comments

US economy enters double dip recession

Millions of Americans remain unemployed, US bankruptcies have reached a five year high, China slashed US bond holdings by the largest amount to date and US home sales have plummeted to the lowest level on record.

11.11.2009, 19:23 6 comments

New York facing bankruptcy in a month

NY Governor David Paterson announced to a hastily assembled joint session of legislators that the state will be bankrupt in a month’s time unless lawmakers immediately strive to close an ever widening budget gap.

Non performing loan outlook to drive banking consolidation

Published: 23 October, 2009, 20:46


Russia's banking sector is recovering with greater access to liquidity globally and signs of an economic rebound. But industry leaders say consolidation is still needed, with Non Performing Loans still to be addressed.

 
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