&host=rt.com&uri=/business/news/real-economy-is-focus-despite-fitch-downgrade/comments/&via=(none)&ua=CCBot/1.0 (+http://www.commoncrawl.org/bot.html))
breakingnews
04.02.2009, 16:59
Fitch Ratings has downgraded Russia’s debt rating to BBB for the first time since the 1998 crisis.
04.02.2009, 11:57
Lukoil has launched a brand new icebreaker to use in the Barents Sea. As the company creates a new fleet to boost operations, analysts warn oil and gas development in the region could freeze if the oil price stays low.
04.02.2009, 10:55
Russia’s Finance Ministry says the nation's Reserve Fund will cover any budget shortfalls in the next 3 years. That claim will be put to the test later this year, with the budget likely to face a $125 Billion deficit.
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.
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.
19.02.2009, 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.
Published: 05 February, 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.
