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breakingnews
19.02.2009, 13:02
Russia’s largest brewer, Baltika, has posted a Net profit for 2008 of 15.5 Billion Roubles under IFRS.
19.02.2009, 12:06
The ranks of Russia’s unemployed swelled by 300 thousand in January, according to figures released by the Federal Statistics Service.
19.02.2009, 11:27
The Rouble has fallen to historic lows against the dollar and other major currencies. In Russia, people who took out mortgages in foreign currencies are struggling to keep their homes.
20.02.2009, 17:58
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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.
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.
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.
20.02.2009, 13:32
Russian President, Dmitry Medvedev, has called for a focus on long term economic projects to diversify and strengthen the economy, while addressing shorter term financing needs of Russian companies.
24.02.2009, 10:41
Rail attracts just 6% of the $600 billion worth of trade between the Asia-Pacific region and Europe. Train chiefs claim they can almost double that proportion by cutting the number of customs checks at each border.
24.02.2009, 21:32
House prices in Moscow this month have suffered their biggest ever fall according to a new report. Average list rates slumped 5% in a fortnight, with estate agents adding much more can come off in negotiations.
Published: 19 February, 2009, 19:44
President Medvedev is in Irkutsk on Friday to hold an extended meeting of the State Council on support for Russia's real economy. The government will pay special attention to the region's aircraft building industry.
