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breakingnews
04.08.2010, 14:34
With fires continuing to rage, along with the weather getting hotter Business RT spoke with Vitaly Baikin, of Daiwa Capital Markets Europe about the impact on the Russian economy.
04.08.2010, 15:52
The current drought is leading to an increase in speculation on grain prices, which are rising while grain exports are forecast to slump, as analysts begin to factor in government intervention.
05.08.2010, 11:11
With grain prices spiking on the back of Russia’s drought Business RT spoke with Jack Bouroudjian, CEO of the Index Futures Group, about the impact.
18.12.2009, 18:17
Negotiators from around 200 countries worked towards an agreement on pollution controls at the climate summit in Denmark. While developing countries hope for subsidies, others had their eye on business opportunities.
14.07.2010, 14:56
A meeting between President Dmitry Medvedev and Elena Skrinnik, Agriculture Minister, in Belgorod has underlined Russia’s potential to become a bigger player in the global meat export market.
23.09.2010, 17:08
With analysts saying Russia could reap big rewards from a global carbon trading Business RT spoke with Michael Wilkins, Head of Carbon Markets at Standard and Poor’s about how the system is supposed to work.
16.06.2010, 18:30
3 comments
The World Bank has lowered its forecast for Russian economic growth in 2010 to 4.5% from the 5.5% predicted earlier.
31.07.2010, 10:47
3 comments
Russia has declared a state of emergency in four more regions - hit by the worst drought in a century – making for 27 regions across central Russia seeing production hit, and economists concerned about inflation.
10.08.2009, 11:08
2 comments
Renewable energy producers are lining up to invest billions of dollars in wind power projects in Russia, though Russian power generation has long been dominated by hydro-carbons, nuclear and hydro-electric schemes.
29.03.2010, 11:06
In order to help farmers here in Russia, the government is making it more difficult to import foreign produce. But it may be the consumers that end up paying the price.
Published: 05 August, 2010, 16:40
Edited: 06 August, 2010, 06:19
Russia has announced a temporary ban on grain exports from August 15 to December 1 in response to the worsening drought.
Fortunately, the Russian Government and Central Bank have done a good policy to cut inflation during the last year from double diigit to under 6%. Without that policy now inflation could be skyrocketing like in Venezuela. Inflation is under control so the Central Bank will keep interest rates unchanged or will cut them by the end of the year.